The cryptocurrency market has taken another sharp downturn in the past 24 hours, intensifying the week’s bearish sentiment. Bitcoin and altcoins alike have faced heavy losses, pushing traders to focus on tokens with external catalysts that could trigger shifts in momentum. Among them, Jupiter (JUP), Aster (ASTER), and Mantle (MNT) stand out as crucial altcoins to monitor closely this weekend.
Jupiter (JUP) has dropped 10% in the last day, trading at $0.425 after slipping below its $0.426 support level. The downside risk is heightened by a major 53.47 million token unlock scheduled for this weekend, worth nearly $22.9 million. The influx of supply could pressure prices further, potentially dragging JUP down to $0.404. However, if the token holds its support and manages a strong bounce, recovery toward $0.475 is possible, which could reignite investor confidence.
Aster (ASTER) has been one of the month’s most promising tokens, recently hitting a new all-time high. A key development is its upcoming listing on SafePal Crypto Wallet, which is expected to expand accessibility and adoption. If ASTER reclaims $1.87 as support, bullish momentum could drive it toward $2.24, edging closer to its ATH of $2.43. Still, broader market weakness could force ASTER below $1.71, with a potential decline to $1.58, signaling a bearish reversal.
Mantle (MNT) remains in consolidation, trading at $1.70 while holding above $1.59 support and struggling below $1.77 resistance. Despite the narrow range, MNT recently touched an intraday ATH of $1.91. A breakout above $1.77 could spark renewed bullish momentum, keeping it within reach of its peak. Conversely, if bearish sentiment dominates, a fall below $1.59 could send MNT sliding to $1.47, invalidating its bullish setup.
As the crypto market struggles, these three altcoins could see significant moves depending on whether they break key support or resistance levels. Traders should stay alert for developments that could shape weekend price action.
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