While Bitcoin is facing resistance above the psychological barrier at $70,000, the past week has witnessed significant movements several cryptocurrencies like Beam, Notcoin, dogwifhat and Pepe have shown price decline where majority were top gainers last week, capturing the attention of investors and traders alike.
But a positive sign is that the bulls have not ceded much ground to the bears. Bitcoin is down marginally by just under one percent this week.
Bitcoin’s range-bound action over the past few days has not hampered investments into the spot Bitcoin exchange-traded funds. Farside Investors data shows more than $2.1 billion in net inflows into the Bitcoin ETFs since May 14. This suggests that the investors are accumulating Bitcoin, anticipating a breakout to the upside.
![weekly crypto chart](https://i0.wp.com/nosisnews.com/wp-content/uploads/2024/06/Coin360-13.png?resize=1024%2C510&ssl=1)
Could altcoins bounce off the important support levels, pulling the cryptocurrency markets higher? Get ready to dive into the top weekly crypto losers charts.
Top 10 losers
- Celestia $TIA: -22.99%
- Lido DAO $LDO: -20.04%
- Notcoin $NOT: -17.25%
- Fetch ai $FET: -16.74%
- Beam $BEAM: -16.46%
- SingularityNET $AGIX: -15.30%
- dogwifhat $WIF: -13.34%
- Arweave $AR: -13.27%
- Pepe $PEPE: -12.86%
- Bitget Token $BGB: -12.11%
Uniswap price analysis
![Top weekly crypto losers UNI 7D graph coinmarketcap](https://i0.wp.com/nosisnews.com/wp-content/uploads/2024/06/UNI_7D_graph_coinmarketcap.jpg?resize=975%2C396&ssl=1)
Uniswap (UNI) experienced a significant 14.92% decline from May 27th to June 2nd, 2024. Here’s a detailed analysis incorporating the corrected price data, RSI trends, and support and resistance levels:
- May 27: Opened at $11.16 and closed at $11.06.
- May 28: Opened at $11.06 and closed at $11.12.
- May 29: Opened at $11.12 and closed at $11.26.
- May 30: Opened at $10.44 and closed at $10.76.
- May 31: Opened at $10.76 and closed at $9.9656.
- June 1: Opened at $9.9656 and closed at $9.8857.
- June 2: Opened at $9.8857 and closed at $9.4271.
The RSI for Uniswap likely moved towards the lower end of the scale, indicating increased selling momentum. This suggests that the coin was experiencing strong downward pressure, which might signal a potential for a short-term recovery if the RSI enters oversold territory.
The initial support level was around the opening price of $11.16. As the price declined, new support levels were established around $11.12 and $10.76. Initial resistance was likely at $11.26, with subsequent resistance levels at $10.44 and $9.9656, which were tested and eventually breached during the week.
The decline in Uniswap’s price during this period reflects bearish market sentiment and possibly unfavorable developments or announcements related to the token. The continued low closes towards the end of the week suggest caution among investors, indicating a potential for further declines unless market conditions improve.
Bittensor price analysis
![Top weekly crypto losers TAO 7D graph coinmarketcap](https://i0.wp.com/nosisnews.com/wp-content/uploads/2024/06/TAO_7D_graph_coinmarketcap.jpg?resize=975%2C396&ssl=1)
Bittensor (TAO) experienced a significant decline of 13.78% from May 27th to June 2nd, 2024. Here’s a detailed analysis incorporating the corrected price data, RSI trends, and support and resistance levels:
- May 27: Opened at $421.60 and closed at $405.50.
- May 28: Opened at $405.50 and closed at $400.70.
- May 29: Opened at $400.70 and closed at $385.10.
- May 30: Opened at $385.10 and closed at $376.90.
- May 31: Opened at $376.90 and closed at $365.50.
- June 1: Opened at $365.50 and closed at $355.20.
- June 2: Opened at $355.20 and closed at $349.80.
The RSI for Bittensor likely moved towards the lower end of the scale, indicating increased selling momentum. This suggests that the TAO/USDT pair was experiencing strong downward pressure, potentially signaling an oversold condition which might lead to a short-term recovery.
The initial support level was around the opening price of $421.60. As the price declined, new support levels were established around $400.70 and $365.50. Initial resistance was likely at $400.70, with subsequent resistance levels at $385.10 and $365.50, which were tested and eventually breached during the week.
The decline in Bittensor’s price during this period reflects bearish market sentiment and possibly unfavorable developments or announcements related to the token. The continued low closes towards the end of the week suggest caution among investors, indicating a potential for further declines unless market conditions improve.
Pendle price analysis
![Top weekly crypto losers PENDLE 7D graph coinmarketcap](https://i0.wp.com/nosisnews.com/wp-content/uploads/2024/06/PENDLE_7D_graph_coinmarketcap.jpg?resize=975%2C396&ssl=1)
P endle (PENDLE) experienced a significant decline of 13.57% from May 27th to June 2nd, 2024. Here’s a detailed analysis incorporating the price data, RSI trends, and support and resistance levels:
- May 27: Opened at $6.7636 and closed at $6.9013.
- May 28: Opened at $6.9013 and closed at $6.5609.
- May 29: Opened at $6.5609 and closed at $6.2267.
- May 30: Opened at $6.2267 and closed at $6.2566.
- May 31: Opened at $6.2566 and closed at $6.1836.
- June 1: Opened at $6.1836 and closed at $6.0952.
- June 2: Opened at $6.0952 and closed at $5.8519.
The initial support level was around the opening price of $6.7636. As the price declined, new support levels were established around $6.5609 and $6.2267.Initial resistance was likely at $6.9013, with subsequent resistance levels at $6.2566 and $6.0952, which were tested and eventually breached during the week.
The RSI for Pendle likely moved towards the lower end of the scale, indicating increased selling momentum. This suggests that the PENDLE/USDT pair was experiencing strong downward pressure, potentially signaling an oversold condition which might lead to a short-term recovery.
The decline in its price during this period reflects bearish market sentiment and the continued low closes towards the end of the week suggest caution among investors, indicating a potential for further declines unless market conditions improve.
Pepe price analysis
![Top weekly crypto losers PEPE 7D graph coinmarketcap](https://i0.wp.com/nosisnews.com/wp-content/uploads/2024/06/PEPE_7D_graph_coinmarketcap.jpg?resize=975%2C396&ssl=1)
Pepe (PEPE) experienced a significant decline of 10.98% from May 27th to June 2nd, 2024. Here’s a detailed analysis incorporating the price data, RSI trends, and support and resistance levels:
- May 27: Opened at $0.00001597 and closed at $0.0000167.
- May 28: Opened at $0.0000167 and closed at $0.000016.
- May 29: Opened at $0.000016 and closed at $0.00001473.
- May 30: Opened at $0.00001473 and closed at $0.00001439.
- May 31: Opened at $0.00001439 and closed at $0.00001543.
- June 1: Opened at $0.00001543 and closed at $0.00001486.
- June 2: Opened at $0.00001486 and closed at $0.00001464.
he RSI for Pepe likely moved towards the lower end of the scale, indicating increased selling momentum. This suggests that the coin was experiencing strong downward pressure, potentially signaling an oversold condition which might lead to a short-term recovery.
The initial support level was around the opening price of $0.00001597. As the price declined, new support levels were established around $0.000016 and $0.00001439.
Initial resistance was likely at $0.0000167, with subsequent resistance levels at $0.00001543 and $0.00001486, which were tested and eventually breached during the week.
The decline in Pepe’s price during this period reflects bearish market sentiment and possibly unfavorable developments or announcements related to the token. The continued low closes towards the end of the week suggest caution among investors, indicating a potential for further declines unless market conditions improve.