Solana

FLOKI

Resistance

Dogecoin

PEPE

<ul>
 <li><strong>Altcoins like SOL, XRP, and MATIC face significant price dips.</strong></li>
 <li><strong>Bitcoin hits a two-month low of $57043 with a 4% decline.</strong></li>
</ul>
<p>The cryptocurrency market experienced a significant bearish trend over the past twenty-four hours, with the overall market cap decreasing by 4.40%. Bitcoin, the largest cryptocurrency, fell by 4%, <a href="https://thenewscrypto.com/bitcoin-btc-price-plunges-to-2-month-low-amid-market-turmoil/" target="_blank" rel="noopener noreferrer nofollow">dropping</a> to a two-month low of $57,043.96, unsettling investors as it led to a broader decline in altcoin prices. Ethereum, the leading altcoin, also hit a two-week low.</p>
<div class="wp-block-image">
 <figure class="aligncenter"><img decoding="async" src="https://lh7-us.googleusercontent.com/docsz/AD_4nXcglKpQKUhPfhXkY5Lv9BKbvTBKZnvu3lTI7seYekj-E__X-RWVSsTWjC-qHTTJBvJfS4JepSKVk-ZtMZZXZesLg4bVTT1YTkkjtSZyztFtUmNmzebL2kj9TmAFhgTypMeWeLwAre18_E0A0PNRToS1sJ7r?key=JZH1qQZAY17iGEJqstOt8g" alt="">
  <figcaption class="wp-element-caption">
   Altcoins Price Chart, Source: Santiment
  </figcaption>
 </figure>
</div>
<h3 class="wp-block-heading" id="h-ethereum-eth">Ethereum (ETH)</h3>
<p>ETH saw a 4.33% <a href="https://thenewscrypto.com/will-ethereum-price-make-a-bullish-comeback-post-spot-etf-launch/" rel="noopener noreferrer nofollow">decline</a> over the past 24 hours, with trading volume increasing by 52% during the same period. Its price decreased from $3,320.84 to $3,128.61, currently under selling pressure with a daily RSI of 32. The 9-day EMA at $3351 confirms a bearish trend. Resistance levels are identified at $3520 and $3632, while potential support levels include $3246 and $3065.</p>
<div class="wp-block-image">
 <figure class="aligncenter"><img decoding="async" src="https://lh7-us.googleusercontent.com/docsz/AD_4nXeLjfRSeOZHL2fjH-BLJa2htppeLHyaTl930SXlE3PKD5PH20m7mQtN_AS6efPnBqv0BOyHcWhlSLRIeYuDEAUsPzxQeYE3jr5mts15V5F-slOhct6y5Nmdgh1giC4JYhNy3swJ5KnWzzw5oCo4jNGOB19X?key=JZH1qQZAY17iGEJqstOt8g" alt="">
  <figcaption class="wp-element-caption">
   ETH Price Chart, Source: TradingView
  </figcaption>
 </figure>
</div>
<h3 class="wp-block-heading" id="h-solana-sol">Solana (SOL)</h3>
<p>Solana, among the top 5 cryptocurrencies by market cap, fell by 8% in the past twenty hours, hitting a ten-day low of $7.19, with trading volume up by 17%. Over the past month, it has declined notably by 20%. Solana is currently facing selling pressure with a daily <a href="https://in.tradingview.com/symbols/SOLUSDT/" target="_blank" rel="noopener noreferrer nofollow">RSI</a> at 32 and a 9-day EMA at $141 indicating a bearish trend. Resistance levels are noted at $154 and $162, while support levels might be tested at $122 and $116.</p>
<div class="wp-block-image">
 <figure class="aligncenter"><img decoding="async" src="https://lh7-us.googleusercontent.com/docsz/AD_4nXd7pbbKYaIEM-lEDRRmdtA5iH7RCINKFRvSlDAGwNSmcuxrWiBcHQXNm_jl1CNj0rfKIYEomD9lUXbIketda4LsrZO4HhpoEogX-G52A1QzKayxquv3zuhvK3ZatrRMorGOy5gZRxX1rnAih7HgzstWfkqW?key=JZH1qQZAY17iGEJqstOt8g" alt="">
  <figcaption class="wp-element-caption">
   SOL Price Chart, Source: TradingView
  </figcaption>
 </figure>
</div>
<h3 class="wp-block-heading" id="h-toncoin-ton">Toncoin (TON)</h3>
<p>Toncoin, also in the top 8 by market cap, dropped by 7.18% in the past twenty hours, reaching a ten-day low of $132.45, with trading volume up by 27%. It is nearing selling pressure with a daily RSI of 47. And a 9-day EMA at $7.638 confirming a bearish trend. Resistance levels are observed at $8.09 and $8.28, with potential support at $6.7 if bearish sentiment intensifies.</p>
<div class="wp-block-image">
 <figure class="aligncenter"><img decoding="async" src="https://lh7-us.googleusercontent.com/docsz/AD_4nXemyJyMuDrE8WApkutbzOISOrMTBOtko6icDzgnOJ4W6SvOE0PbwYAuUSofG8ck_pX2kwXOMa8ltRKRNYYh64bMQ_q6LidiTcf3xyKLi7wabQ5tv7t_kFN6rmTrgqPNMyscpaFgwVon6h3IytFCLqX5Muk?key=JZH1qQZAY17iGEJqstOt8g" alt="">
  <figcaption class="wp-element-caption">
   TON Price Chart, Source: TradingView
  </figcaption>
 </figure>
</div>
<h3 class="wp-block-heading" id="h-memecoins-face-heavy-dip">Memecoins Face Heavy Dip</h3>
<p>Top memecoins like <a href="https://coinmarketcap.com/currencies/dogecoin/" target="_blank" rel="noopener noreferrer nofollow">DOGE</a>, PEPE, SHIB, and FLOKI also experienced significant declines during this bearish period. Dogecoin dropped to a five-month low of $0.1103, down by 7%; PEPE hit a seven-day low of $0.000009329, down by 9%. SHIB fell to a four-month low of $0.00001522, down by 8%. And Floki reached a nine-week low of $0.0001509, down by 8%.</p>
<p><strong>Highlighted News Of The Day</strong></p>
<p><a href="https://thenewscrypto.com/mt-gox-redemption-alarms-sell-off-pressure-on-btc-and-bch/" rel="noopener noreferrer nofollow">Mt. Gox Redemption Alarms Sell-Off Pressure on BTC and BCH</a></p>

Investors’ Anxiety Peaks as Altcoins Plummet to New Lows

Table of Contents

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