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😱 Altcoin Market Was Destroyed: These 4 Names Could Not Resist the Sale 🔻🔻🤯 1. JasmyCoin (#JASMY) $JASMY, once one of the most popular altcoins, fell by 31.20% in the last 24 minutes. The sharp drop, particularly alarming due to movements in the futures market, places JASMY at the top of the list. 2. Dogwifhat (#WIF) $WIF, a popular memecoin within the Solana ecosystem, lost 30% of its value in the last 24 minutes. The altcoin faced intense selling pressure due to open interest and the overall market trend, securing the second spot on the list. 3. Lido DAO (#LDO) Despite an initial increase following the trading of spot ETH ETFs, $LDO eventually declined. As ETH dropped below $2500, LDO lost 29.15% and fell to third place, losing key support levels one by one. 4. Pepe (#PEPE) PEPE, a leading memecoin on the Ethereum network, could not withstand the selling pressure. It dropped 27.70% in the last 24 minutes, placing it fourth on the list. #altcoins #MarketDownturn

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😱 Dogwifhat (WIF) Crashed: Sales Are Increasing in Memecoins 🔻🔻🔻🤯 According to CoinGlass systems, Dogwifhat ($WIF) open interest (OI) has fallen by about 28%, from $353.4 million to $252.5 million. Solana-based memecoin Dogwifhat’s OI has decreased significantly following a price drop, leading to expectations of a retest of a critical support level soon. Cryptocurrency analysts indicate that selling pressure on Dogwifhat (WIF) is likely to increase. At the time of publication on August 3, WIF was trading at $1.67, showing a 35.48% decline since July 27. Analysts predict a test of the critical support level at $1.50 in the near future. Cryptorphic, known for his cryptocurrency analysis, mentioned in an X post on August 2, “WIF is in a recovery phase on the daily timeframe and is likely to move down towards the lower support trendline between $1.50 and $1.70.” Another analyst, Scient, noted, “The price is correcting towards the daily support.” Cryptocurrency investor CryptoJack, in a post to his 337,000 followers, stated, “WIF price reached the previous target and is now falling again and will probably retest the $1.5 backup.” He suggested that if WIF tests the $1.5 band and the downward trend in BTC continues, a pullback to $1 can be expected for the memecoin. The increasing BTC dominance, geopolitical issues, and rising sales in BTC are likely to negatively impact WIF. WIF investors should focus on the $1.5 support level and then the $1 band. #memecoins #WIFUSDT

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New Airdrop Alert 🚨🚨🚨 Don't Miss the Biggest Opportunity here is another Verified promising mining airdrop #Callfluent Already Big Profit 🤑🤑 A project fully backed by ICE Blockchain. Join now and start mining ⛏️⛏️⛏️ ✅ Mining will last only for 7weeks. https://t.me/callfluent_bot/app?startapp=r_1913400908 For Free Crypto Airdrops projects or If You have Any Queries use the following link in your browser 👉https://bit.ly/4anntmL © Technical Jafar 📈

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😱 3 Altcoins Ready for Big Profits Polygon (#MATIC) Bears in Control, Bulls Struggle to Break Through Polygon ($MATIC) is currently trading between $0.47 and $0.55, showing bearish trends. The price is below both its 10-day and 100-day moving averages, $0.49 and $0.51, respectively. Momentum indicators like the RSI at 37.21 and Stochastic at 16.96 point to weak buying interest. Bears have the upper hand as the price dropped 7.93% in a week and 14.70% in a month. Bulls need to break the $0.59 resistance level to spark a rally, potentially pushing the price by around 24% to the next resistance at $0.67. For now, support is seen at $0.44, with a firmer floor at $0.36. Injective (#INJ) Faces Bearish Struggle but Eyes Potential Rebound Injective ($INJ) is currently priced between $22.21 and $26.89, showing bearish trends. Over the past week, INJ dropped by over 13%, and in the past month, it has fallen by 8%. Longer term, the coin has seen a 40% decline over six months. With an RSI of 34.74 and a Stochastic of 26.78, both indicators suggest that the coin is under heavy selling pressure. The nearest support level sits at $20.20, while resistance stands at $29.55. If bulls gain momentum, INJ could rise to the second resistance level of $34.23, marking over a 50% potential increase from its current price, offering a glimmer of hope for investors. Kaspa (#KAS) Struggles Below Key Levels, Potential Growth in Sight Kaspa ($KAS) is currently trading between $0.17 and $0.19, indicating a tight battle between bulls and bears. The nearest resistance is at $0.21 and support at $0.16. Despite recent sluggishness with a 44.62 RSI and a 35.07 Stochastic, KAS has shown significant long-term gains, rising almost 95% in six months. For potential growth, breaking past $0.21 could push it to $0.23, a move of about 21% from its current range. However, it needs to reclaim its 10-day simple moving average of $0.20 to show stronger momentum. #MATIC #INJ #KAS #altcoins #BinanceTurns7

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😱 Top 2 Altcoins Not Affected by Bitcoin Price Downtrend 🤑🔥 Aave ($AAVE)The AAVE price has remained bullish for over a couple of years, regardless of the short-term bearish actions. The bulls and the bears had a strong face-off, followed by a massive breakout, which has kept the price elevated since the start of the week. Prices have soared above average levels and are believed to trigger a 20% upswing soon. AAVE is trading within an ascending parallel channel and has risen above the average levels. The RSI remains stuck above the ascending trend line, and the MACD displays a swelling buying volume, indicating that prices are expected to remain inflated. With this momentum, a rise to the upper resistance at $135 could be imminent in the next few days. Mantra ($OM) The Mantra price has been trading within an ascending parallel channel, which is considered bullish in the long term. The bears tried to drag the levels below the average levels, but the bulls jumped into action and triggered a fine rebound. Currently, the price is facing some upward pressure, but after a brief consolidation, the OM price is primed to revamp a fine ascending trend. The MACD shows a drop in the selling pressure, and the levels are preparing for a bullish crossover. Besides, the bulls are regaining their dominance, as suggested by the Bull-Bear power, which may validate a fine ascending trend. Therefore, the OM price is expected to maintain a healthy upswing and reach the upper resistance of the channel at $0.15, forming new highs. #AAVE #OM #altcoins #cryptocurrency

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