• Starknet (STRK) has been deemed heavily oversold. The Z-score reading of -1.14 indicates significant bearish influence, and a short-term rebound is possible, probably in case the bulls defend the current position.

  • DeFiChain (DFI) is experiencing tremendous intraday selling pressure. The rejection of the moving averages and lower-high patterns indicates that there is no demand to buy at the current session.

  • MANA shows signs of early stabilization. It has recently rallied against MA50 and MA200, suggesting that it may be developing a bottom, but confirmation using volume and potential breakout is needed.

When the bigger crypto market flounders, a keener insight into altcoins shows that the technical conditions are worsening. All of the assets we chose Starknet (STRK), DeFiChain (DFI), and Decentraland (MANA), may be said to be trading beneath vital moving averages, which suggests that the selling side is at the helm. The situation is not stable, as the oversold signals of STRK and unforgiving selling of DFI show that MAIN is close to recovering marginally. The traders should be wary—the volatility may be gathering under the surface.

The weakness seen in StarkNet is extended as indicated by oversold readings.

Starknet (STRK) has also remained weak on a technical basis, as the price action has been receiving a firm downtrend since December 2024. The asset has not been able to maintain support at its primary levels, and today, on June 22, 2025, it is trading below all its major moving averages. The moving average with 7 days takes the place where the price was at the end of the previous week, which is $0.11, whereas the 30-day moving average indicates the price was at the end of the last month, at an amount of $0.13, and so on. This formation indicates that there is still selling pressure and no bullish impetus.

The Z-score for STRK currently stands at -1.14, indicating statistically significant oversold conditions. This technical indicator measures deviations from the mean and suggests that STRK is trading far below its historical average price. While such readings often precede short-term relief rallies, the asset has yet to signal any trend reversal. Any sustained recovery would require a decisive move above the 50-day moving average to break the pattern of lower highs and lower lows.

DeFiChain Shows Steep Intraday Losses Across All Timeframes

DeFiChain (DFI) has demonstrated pronounced bearish momentum over shorter timeframes, as shown by its 15-minute interval chart. The token has been experiencing a continuous sequence of lower highs and lower lows throughout the session. At present, DFI trades below the 7-day, 30-day, 50-day, and 200-day moving averages, set at $0.0046, $0.0045, $0.0047, and $0.0053, respectively. The steep slopes of the short-term averages highlight persistent sell-side dominance.

Intraday attempts at recovery have faced resistance near the 30-day and 50-day moving averages, with buying pressure proving insufficient to push the price higher. The proximity of DFI’s current price to session lows and the prevailing negative Z-score further confirm weak market sentiment. A shift in trajectory would require a decisive breakout above the 50-day average, accompanied by higher volume to indicate renewed interest from market participants.

Decentraland Sees Mild Stabilization but Remains Below Resistance

Decentraland (MANA) has shown signs of potential short-term stabilization, despite prevailing in a broader downward trend. On the 15-minute chart, the price has remained largely below the 50-day moving average at $0.232 and the 200-day moving average at $0.242. The shorter-term moving averages, MA7 and MA30, are currently positioned at $0.230 and $0.231, which are closely aligned with the current price, indicating a pause in selling momentum.

While price has increased slightly over the most recent candles, the trend remains inconclusive. This short-term upward movement may indicate early signs of a possible reversal. Still, without confirmation through a sustained move above the 50-day moving average, the asset's outlook remains neutral to bearish. Volume and follow-through will be key indicators to watch for any shift in trend dynamics.

Bearish Outlook Dominates Across Altcoin Segment

Across the observed altcoins, STRK, DFI, and MANA, the consistent positioning of prices below major moving averages underscores a bearish market structure. These assets have failed to break through critical resistance levels, and the overall sentiment remains cautious. STRK’s oversold Z-score may warrant monitoring for a technical rebound, while DFI continues to face intense sell-side pressure with no signs of stabilization. MANA, although less volatile, has yet to confirm a reversal.