๐จ Bear Market Alert: Time to Exit These Altcoins! ๐จ
The crypto market is struggling to hold the $2 trillion mark, leaving many top digital assets hanging below key support levels. The uncertainty has investors questioning if nowโs the time to take profits before conditions worsen. Here are 3 altcoins that could face significant drops if the market keeps trending downward:
๐ฅ $JASMY :
Jasmycoin has been in a steady downtrend since June, losing over 20% last month. Despite a strong YTD return of +173.26%, investors are eyeing an exit before the price potentially drops another 37% to the $0.01150 support level.
๐ #ONDO :
Ondo has been trapped in a descending channel since June, reflecting ongoing bearish sentiment. Even with a YTD return of +255.36%, it recently shed 20.56%. The SMA and RSI indicators show more downside, suggesting the token could continue its downward slide.
โ ๏ธ $FLOKI :
Memecoins like Floki have been hit hard. FLOKI has lost 8.29% in the last month, trimming its YTD gains to +243.13%. If it breaks below the $0.000101 support, we could see further declines. However, a potential rebound might push the price toward $0.000155.
