๐จ Bear Market Alert: Time to Exit These Altcoins Before Itโs Too Late! ๐จ
With the cryptocurrency market struggling to regain the $2 trillion mark, many top assets remain below key support levels. Investors are growing increasingly uncertain, wondering if now is the time to lock in profits and wait for market stability. Below, we highlight three altcoins that could face significant declines if bearish trends continue.
๐ฅ $JASMY ๐ฅ
Jasmycoin has been on a steady downward path since June, consistently forming lower highsโa clear sign of growing bearish pressure. In the last month, JASMY has dropped more than 20%, signaling a fragile market position. Despite its impressive year-to-date (YTD) return of +173.26%, many see this as a safe exit point. If the trend persists, the price could fall another 37%, hitting the $0.01150 support level.
๐ก #ONDO ๐ก
Ondo has been stuck in a descending channel since June, reflecting long-term bearish sentiment. With a YTD return of +255.36%, the token recently faced a 20.56% decline. The Simple Moving Average (SMA) has consistently acted as resistance, while the Relative Strength Index (RSI) is nearing oversold territory, suggesting more downward pressure ahead.
๐ $FLOKI ๐
Memecoins like Floki have been hit hard, especially with Bitcoin struggling below $57,000. FLOKI has lost 8.29% over the past month, reducing its YTD gains from +276.13% to +243.13%. Both the RSI and SMA indicate rising bearish momentum. If the trend continues, FLOKI could break its current support at $0.000101 and dip lower. A rebound, however, might push it toward the resistance level of $0.000155.
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