JUST (JST), Monero (XMR) and LEO Token (LEO) were holding important technical levels amid the crypto market crash and broader market weakness, according to BeInCrypto’s November 7 analysis. The outlet said a decisive Bitcoin drop below $75,000 could put the three altcoins’ support levels under pressure.
Key Takeaways
- BeInCrypto identified $0.144 as a key resistance level for JST, with $0.135 as near-term support.
- Monero was reported near $612, above the $600 level the analysis described as important support.
- LEO was trading within a range, but BeInCrypto said thin volume made its apparent stability less convincing.
- The analysis said a decisive Bitcoin drop below $75,000 could put all three altcoins’ support levels under pressure.
What happened in the crypto market crash
BeInCrypto published its technical analysis on November 7, saying U.S. midterm-election fallout and falling stock markets were weighing on crypto. The outlet did not quote statements from the three projects. Its assessment focused on price behavior and chart indicators. Read BeInCrypto’s analysis.
JST was reported near $0.1427, just below resistance at $0.144. BeInCrypto said the token had gained about 265% since February. Its daily Relative Strength Index, or RSI, was near 58. The outlet said a daily close above resistance, especially with stronger volume, could support another upward move. A drop below $0.135 would weaken the short-term setup, with further support near $0.114 and $0.104.
Monero was reported around $612, down from $623 the previous day, while remaining more than 120% above its February low near $276. BeInCrypto identified $600 as support. A daily close below that level could expose $538. If XMR holds $600 and breaks the $650 to $660 resistance zone, the analysis said a move toward $688 could open up.
LEO was reported near $9.34, about 12% below its May all-time high of $10.61. BeInCrypto said it had mostly traded between $8.91 and $9.49 since August. The outlet marked $8.91 as support and $9.49 to $9.60 as resistance, while cautioning that thin trading volume made the token’s apparent stability less convincing.
Background: why these levels matter
The analysis described different price patterns across the three tokens. BeInCrypto said JST’s higher lows suggested buyers were stepping in at progressively higher prices. The pattern could change, and the RSI reading alone does not establish that further gains will follow.
Monero’s $600 level had previously acted as resistance before being reclaimed, according to BeInCrypto. The outlet said XMR had repeatedly tested it as support, while declining volume and a cooling RSI suggested buying momentum had weakened. LEO’s price had mostly remained in a relatively narrow band since August, but the source cautioned that thin volume made its apparent stability less convincing.
BeInCrypto’s report focused on technical observations rather than statements from the projects. The levels and possible moves described by the outlet are scenarios in its analysis, not assured outcomes. BeInCrypto characterized its assessment as editorial analysis that could become outdated, rather than personalized financial advice.
Market reaction and wider context
BeInCrypto described Bitcoin as trading around $76,000 and warned that a decisive move below $75,000 could put the three altcoins’ support levels under pressure. A CoinGecko snapshot at 13:13 UTC on November 7 showed Bitcoin at $75,803, down 0.03% over 24 hours and 8.02% over 30 days. Ethereum was up 0.07% over 24 hours but down 11.68% over 30 days, while XRP was down 2.12% over 24 hours and 16.89% over 30 days.
| Asset | Price, Nov. 7 at 13:13 UTC | 24-hour change | 30-day change |
|---|---|---|---|
| Bitcoin (BTC) | $75,803 | -0.03% | -8.02% |
| Ethereum (ETH) | $2,238.33 | +0.07% | -11.68% |
| XRP | $1.16 | -2.12% | -16.89% |
The CoinGecko figures show mixed performance across these assets: Bitcoin’s 24-hour change was small, while XRP’s decline was larger. Separately, the Crypto Fear & Greed Index stood at 25, classified as “Extreme Fear,” on November 7.
What to watch next
BeInCrypto’s scenarios focus on daily closes around the identified levels and whether trading volume increases during a break. For JST, the analysis identified $0.144 as resistance and $0.135 as a level whose loss would weaken the short-term setup. For Monero, it identified $600 as support and $650 to $660 as resistance. For LEO, the levels to watch in the analysis are support at $8.91 and resistance at $9.49 to $9.60.
These levels are not assured outcomes. A move above or below a level would not, by itself, confirm a lasting trend. BeInCrypto said a decisive Bitcoin drop below $75,000 could put the three altcoins’ support levels under pressure. The source’s assessment is technical analysis, and it can become outdated as market prices and conditions change.
Readers can compare these scenarios with later price and volume data rather than treating one technical analysis as a forecast. The prices for JST, XMR and LEO in this article are those reported by BeInCrypto; the separate market table reflects CoinGecko’s snapshot at 13:13 UTC on November 7.
FAQ
Could the crypto market crash break these support levels?
BeInCrypto said a decisive Bitcoin move below $75,000 could put the three altcoins’ support levels under pressure. Its analysis identified $0.135 for JST, $600 for Monero and $8.91 for LEO as levels to watch. The analysis does not establish that any of those levels will hold.
Why are JST, Monero and LEO described as resilient?
BeInCrypto’s November 7 analysis said each token was holding a technical level or range amid broader crypto-market weakness. The outlet based its assessment on price patterns and indicators, not project statements.
Does relative strength mean these altcoins are safe?
No. The analysis describes recent price behavior and technical levels, but does not establish how the assets will perform in the future. BeInCrypto also cautioned that thin trading volume makes LEO’s apparent stability less convincing.
Sources
- 3 Altcoins Defy the Crypto Market Crash (BeInCrypto)
- 3 Altcoins trotzen dem Krypto-Marktcrash (de.beincrypto.com)
This article is for informational purposes only and does not constitute financial or investment advice. Cryptocurrencies are highly volatile; always do your own research before investing.
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