Altcoins Struggle to Regain Momentum After Double-Digit Declines

Major altcoins are struggling to maintain momentum after suffering double-digit declines last week. Ripple (XRP) is currently trading near $1.37, but it's facing resistance at its 200-day EMA around $1.35. The token has dropped by 10% in the past week.

Cardano (ADA), on the other hand, has stabilized above its 50-day EMA at $0.1916 after a 15% drop last week. It's now pressing into resistance at the 100-day EMA near $0.1975. Despite this, ADA continues to trade below its 200-day EMA at $0.2434.

Dogecoin (DOGE) is trading weakly around $0.0828, hovering slightly above its 100-day EMA at $0.0816 but clearly below its 200-day EMA at $0.0954.