Three Altcoins Show Resilience as Crypto Market Weakens

The US midterm fallout and the stock market downturn are keeping the crypto market under pressure, as Bitcoin changes hands around $76,000. However, three altcoins have displayed uncommon resilience.

JUST (JST), Monero (XMR), and LEO Token (LEO) are sustaining critical technical levels amid overall market weakness.

1. JUST (JST): Is the 265% Surge Sustainable?

JST is currently trading around $0.1427, slightly under the $0.144 resistance level that has repeatedly halted its upward movement since October. The token has risen approximately 265% since February.

The chart setup remains bullish. JST continues to create higher lows, indicating that buyers are entering at progressively higher prices. Its daily Relative Strength Index (RSI) is at approximately 58, showing positive momentum without entering overbought territory.

What potential paths lie ahead for JST?

• Bullish: A daily candle closing above $0.144 might spark further gains, especially if accompanied by rising volume.

• Bearish: Dropping below $0.135 would damage the near-term structure. Further support lies around $0.114 and $0.104.

2. Monero (XMR): Facing the $600 Threshold

Monero has dropped to approximately $612 from yesterday's $623. However, the privacy-focused cryptocurrency is still up over 120% from its February trough of around $276.

The bull thesis hinges on the $600 mark, a critical Fibonacci level that once served as resistance. XMR recently recaptured that level and has tested it multiple times as support. Nonetheless, falling volume and a softening RSI indicate that buyers may be losing steam.

What could be next for XMR?

• Bearish: A daily close under $600 would endanger the rebound, making $538 the next significant support.

• Bullish: Maintaining $600 and surpassing 650–660 could pave the way toward $688.

3. LEO Token (LEO): Staying Close to All-Time Peaks

LEO is trading near $9.34, about 12% beneath its May record high of $10.61. In contrast to the majority of cryptocurrencies, it has shown minimal movement during Bitcoin's recent drop.

From August onward, LEO has mainly ranged between $8.91 and $9.49. Buyers have consistently protected the lower end, while sellers have thwarted efforts to climb higher. However, low trading volume undermines the credibility of its seeming steadiness.

Where might LEO go from here?

• Bearish: Falling below $8.91 could open the door to $8.44, then $7.97.

• Bullish: Breaking through 9.49–9.60 might propel LEO to $9.90, and subsequently its record high.

At present, all three altcoins maintain technical resilience. Their future price action hinges on buyers' ability to hold support levels, especially if Bitcoin decisively falls below $75,000 once more.