The worst-performing altcoins have fallen below the 21-day SMA support, leading to further price losses. The altcoins were unable to break above their overhead barrier. Long candlestick wicks at the respective highs are signalling significant selling pressure. Monero Monero (XMR)is on a downward trend. The cryptocurrency has fallen below its moving average lines. XMR fell to $247 before recovering. The selling pressure has stalled above the low of $260. On August 7, the long candlestick tail currently shows strong buying pressure at the recent low. The moving average lines show a downtrend with the 21-day SMA below the 50-day SMA. XMR's slide has ended and it could resume its uptrend above the low of $260. It is the lowest performing coin, with the following characteristics. The current price: $271.41 Market capitalization: $5,006,785,637.97 Trading volume: $107,570,216.55 7–day loss: 5.59% Toncoin The price of Toncoin (TON) is in a sideways trend but has fallen within the moving averages. The cryptocurrency traded in a narrow range between $2.60 and $3.60. TON is currently above the 50-day SMA support but below the 21-day SMA barrier. Bulls and bears are battling for price control at the 21-day SMA barrier. The extended candlestick wicks at the recent high indicate strong selling pressure at the $3.60 level. The presence of doji candlesticks will cause the cryptocurrency to continue its rangebound movement. The current price: $3.32 Market capitalization: $8,544,120,201.61 Trading volume: $286,111,960.13 7–day loss: 4.14% XDC Network XDC Network (XDC) is in a downtrend after being rejected twice at the $0.10 threshold. The altcoin fell below the 21-day SMA support and hit a low of $0.087. The altcoin faces further losses as it loses the 21-day SMA support. The downward momentum is expected to continue until it hits the bottom above the 50-day SMA support. In the meantime, the price of the cryptocurrency remains trapped between the moving averages. This will keep the cryptocurrency within the range of the moving average lines. XDC is the third worst performing cryptocurrency on this list. The current price: $0.08988 Market capitalization: $1,459,040,567.11 Trading volume: $45,134,758.86 7–day loss: 0.29% Gate Token The price of Gate Token (GT) falls below the moving average lines, but remains trapped between them. The price of the cryptocurrency will be forced to move in a range between the moving averages. If the bears break the 50-day SMA support, the altcoin will drop to $15. However, once the price breaks through the 21-day SMA barrier, GT will resume an uptrend. The altcoin will then rise to its previous high of $24. The current price: $16.72 Market capitalization: $2,056,482,106.02 Trading volume: $11,009,682.42 7–day loss: 0.06% Flare The price of Flare (FLR) has slipped below the 21-day SMA support after encountering resistance at $0.02400. The extended candlestick wicks suggest that the $0.02600 resistance level is under significant selling pressure. The uptrend was previously halted around the $0.02600 level, resulting in a sideways trend below the resistance level. The altcoin is expected to fall to a low above the 50-day SMA support after losing support from the 21-day SMA. FLR will fall and hit a low of $0.019. FLR, the fifth worst performing cryptocurrency, has the following characteristics: The current price: $0.02258 Market capitalization: $1,617,603,597.19 Trading volume: $8,449,382.27 7–day loss: $3.59 Disclaimer. This analysis and forecast are the personal opinions of the author. They are not a recommendation to buy or sell cryptocurrency and should not be viewed as an endorsement by CoinIdol.com. Readers should do their research before investing in funds.