Deutsch한국어日本語中文EspañolFrançaisՀայերենNederlandsРусскийItalianoPortuguêsTürkçePortfolio TrackerSwapCryptocurrenciesPricingIntegrationsNewsEarnBlogNFTWidgetsDeFi Portfolio TrackerOpen API24h ReportPress KitAPI Docs

Massive Dip in JTO, TRUMP, TON & CO—Buy the Fear or Run for Cover?

6d ago
bullish:

0

bearish:

0

Share
Altcoin Analysis: JTO, TRUMP, TON, CO Show Divergent Signals
  • Jito (JTO) shows potential accumulation, but $1.53 support is crucial for stability.
  • TRUMP faces volatile swings, with $7.25 as strong support and $7.77 resistance.
  • Toncoin (TON) struggles near $3.10 resistance, with weak momentum and low volume.

A sharp turn lower for several trending altcoins – Jito (JTO), TRUMP, Toncoin (TON), and Corite (CO) – has hit the market lately. The sudden drop across these tokens has left investors weighing whether it’s time to buy the dip or exit before prices fall further. While market-wide unease prevails, some indicators hint at potential accumulation on certain assets, while others show growing downside risks. 

Jito (JTO) Attempts a Bounce After Steep Decline

Jito took a blow, falling 4.28% in 24 hours, now trading around $1.60. It opened the day near $1.67 and briefly peaked before sliding into a steady decline. A daily low of $1.53 acted as a safety net, attracting buyers and slowing the drop.

Source: CoinMarketCap

The $1.53 support level remains critical. A firm hold above this price suggests buyer confidence. Immediate resistance, however, appears at $1.65 and the previous high near $1.6738, potentially lim…

The post Massive Dip in JTO, TRUMP, TON & CO—Buy the Fear or Run for Cover? appeared first on Coin Edition.

6d ago
bullish:

0

bearish:

0

Share
Manage all your crypto, NFT and DeFi from one place

Securely connect the portfolio you’re using to start.