Cryptocurrency analysts have identified 3 tokens that fell by more than 5% per day

According to cryptocurrency trackers, 3 cryptocurrencies from the top 100 fell by 5% or more over the past day. The list of losers includes: Rocket Pool, Gala, and Toncoin.

Rocket Pool’s (RPL) price dropped by 7.25%. This was the worst result of the day. The digital asset dropped to 66th position on the top list, disappointing its short-term investors. The market capitalization of the digital asset was fixed at $ 456 million.

Gala (GALA) cryptocurrency took the second place among the losers yesterday. The token lost 5.63% of its price to trade at $ 0.015. The market capitalization of GALA is $ 413 million. The value of GALA fell by 21.8% over the week and by 32.7% over the past 30 days.

The Toncoin (TON) rate, as expected, has undergone a correction. The cryptocurrency’s quotes dropped by 3.3% over the reporting period. The digital asset is currently trading at $ 1.75. Last week, TON token quotes approached the $ 2 level but failed to overcome the psychological threshold.

As a reminder, Toncoin was included in the list of tokens that are predicted to reach a historic high in September. Since December 2022, the TON price has been under a descending resistance line. The deviation from it in April 2023 was the catalyst for a sharp drop, which led to a low of $ 0.96 on June 11. However, after that, the price began to rise. After the initial rejection, Toncoin returned to the $ 1.35 horizontal area, confirming it as support.

If the asset manages to push off the descending resistance line, the price of Toncoin will move towards the next horizontal resistance at $ 2.60.