The common feature of four altcoins is that they are the group with the most losses among the top 100 cryptocurrencies. Their 7-day losses exceeding 20% have caused significant changes in their charts. BTC was hovering at $58,200 at the time of writing, with a 24-hour total trading volume around the $100 billion mark.
Lido (LDO)
SEC dampened spirits and initiated legal proceedings against the company behind MetaMask within the Ethereum ecosystem. LDO Coin was defined as a security here. At the time of writing, LDO Coin was hovering at $1.69, experiencing a 33% loss in the last 8 days. It returned to $1.52, a level it has visited many times.
A possible recovery could see $1.79 as the first stop. However, in the opposite scenario, a drop to $1.5 is likely. In a deeper dip search, support will be sought between $1.44 and $0.88.
JASMY Coin Chart Analysis
After the last peak, the price halved in 28 days. JASMY Coin is hovering at $0.023. Recent heavy selling is quite normal compared to its recent significant gains. If the decline continues, testing the $0.02 and $0.016 levels is possible. This means greater losses for those who bought in the last few weeks. With BTC making deeper dips, the decline scenario seems convincing.
For a possible recovery, it is essential for $0.0278 to turn back into support, and then testing $0.033 is possible.
Ethena (ENA)
The Binance listing started at $0.3, and after peaking at $1.52, the price fell by 72% in 84 days. ENA Coin has started a new journey towards the dip level on the listing day. Moreover, if the price considers the June 16 attempt as the last, it has eroded by 44% in 17 days, experiencing a steady decline.
If $0.5 is gained as support, $0.67 and higher support levels may come into play.
Not Coin Chart Analysis
Until June 2, supported by the Binance listing and excitement around TON Coin, the price increased 35 times. After a 3500% increase in just 17 days, a 32-day loss period began. The NOT Coin price fell by 59% and is now at risk of dipping to $0.0098. The next move of BTC will also be decisive here.
