This week, we take a closer look at the worst performing altcoins with a market cap of over $1 billion: Lido, Cardano, Aptos, Solana, and Polygon.
Lido (LDO) | -24.8%
LDO is the worst performer on our list this week after falling by almost 25%. Buyers failed to sustain the uptrend and with the support at $2 lost, the price was quick to crash.
At the time of this post, the most significant support level is found at $1.4 and the resistance is at $1.8. Considering the market sentiment, the price is unlikely to change its current momentum which is bearish.
Looking ahead, Lido appears to continue its correction that started in February. With lower lows and lower highs, the bears have the upper hand and they may not stop their assault until the price reaches the key support indicated above.
Chart by TradingView
Cardano (ADA) | – 20.9%
ADA disappointed across the board in June and, in this week alone, has lost 20% of its valuation. Those who were hoping that the support at 30 cents would ho
We współpracy z: https://cryptopotato.com/analysis-of-this-weeks-worst-performers-ldo-ada-apt-sol-and-matic/
