Although recovery signals are seen in the crypto market, some Altcoin projects continue to decline to historical bottom levels. Bitcoin holds $ 102.200, while some projects make new bottoms and make investors uneasy. Here are the three Altcoin and future scenarios that reach the lowest level of all time today!
Animecoin (Anime): Sales pressure in this Altcoin is increasing
Anime fell to the lowest level of a new time with $ 0.0433 just a week after listing. The weak investor interest and the inadequacy of procurement pressure makes the tokens open to greater losses. If market conditions do not change, Anime is expected to go below $ 0.0400 and create new bottom levels. If there is not enough support, sales may deepen and investor confidence may be shaken.
Currently traded for $ 0.0462, Anime has to pass $ 0.0497 first to recover. If it exceeds this level, the resistance point of $ 0.0553 may be targeted and the decline scenario may become invalid.
Pudgy Penguins (Pengu): 3 -day series drop!
Pengu lost 28 %in the last 24 hours and fell to $ 0.0152. This harsh retreat shows that investor confidence is shaken and there is no strong level of support. Pengu, which has decreased to the lowest levels of all time for the last three days, is under violent sales pressure. If sales persist, the price has a risk of landing up to $ 0.0130.
However, if the Pengu reclaims $ 0.0200, the perception of investor may change. If it increases above this level, we can see a recovery up to $ 0.0225. This can create a bull signal and break the downward trend.
SONIC (S) – Old Fantom (FTM)
Sonic maintains a weekly decline trend and sees new bottom levels in succession. Finally, he recorded a new historical low level with $ 0.4348. The loss of strong support points worries investors. However, 7 %recovered in the last 24 hours and rose to $ 0.4708. Nevertheless, it is stated that the bears control the market and the sales pressure continues. If sales increase, the price is at the risk of landing for $ 0.4000.
In order to reversed this decline trend, Sonic needs to recover the $ 0.5149 level as support. If this happens, a new recruitment wave may begin and investor confidence can be restored.
What is expected for these Altcoins?
Great decreases in the crypto market often create great opportunities. However, these subcoins must regain key support levels. If the memorial, pengu and sonic do not exceed the critical levels, the decreases may deepen.
It is useful to care for investors and analyze the direction of the market well.
