JUST (JST), Monero (XMR), and LEO Token (LEO) maintained their technical support levels as the wider cryptocurrency market came under pressure, according to a BeInCrypto analysis published on November 7. The outlet stated that each token was trading near important support ranges, but flagged that renewed Bitcoin weakness could threaten these positions.
Support levels under scrutiny
BeInCrypto described JST trading just below its $0.144 resistance, with $0.135 identified as immediate support. The analysis highlighted that JST had surged approximately 265% since February, and its relative strength index (RSI) hovered around 58 on the daily timeframe. The report indicated a daily close above resistance, reinforced by strong volume, could point to a further move up, while a break below support may expose the token to the $0.114 and $0.104 zones.
Monero was priced near $612 according to the outlet, holding just above the $600 level described as crucial. The token stood over 120% higher than its February low of $276, despite a minor drop from the previous day. BeInCrypto suggested that a sustained move below $600 could send XMR toward $538, while a rebound through the $650 to $660 range may open a path to $688.
LEO was reported at $9.34, approximately 12% below its May all-time high of $10.61. The analysis observed LEO had mainly traded within $8.91 to $9.49 since August, designating $8.91 as support, and highlighting that low trading volume raised concerns about the reliability of its apparent price stability.
BeInCrypto drew attention to the elevated risk facing JST, XMR, and LEO should Bitcoin decisively drop below $75,000, cautioning that such a move could undermine the altcoins’ immediate support levels.
Coin prices and sentiment snapshot
As of 13:13 UTC on November 7, CoinGecko data showed Bitcoin at $75,803, down 0.03% in 24 hours and 8.02% over 30 days. Ethereum stood at $2,238.33, printing a negligible 0.07% gain on the day but an 11.68% slide over the month. XRP changed hands at $1.16, reflecting a 2.12% daily decrease and a 16.89% decline 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 Crypto Fear & Greed Index read 25, classified as “Extreme Fear,” further highlighting the market’s cautious atmosphere. BeInCrypto argued that technical resilience in these tokens did not negate ongoing risks facing digital assets.
Technical patterns and outlook
The analysis highlighted JST’s pattern of higher lows, indicating buyers stepped in at progressively elevated prices. This trend, combined with the moderate RSI, was presented as a positive sign, but no assurances were made for a sustained rally. For Monero, repeated tests of the $600 level underscored its importance as support, though falling volume and a cooling RSI pointed to weaker momentum.
Concerning LEO, BeInCrypto stressed the relative narrowness of its recent price range but maintained skepticism about the strength of its support due to light trading volume. The report emphasized that these technical scenarios are subject to market conditions and can become outdated.
BeInCrypto’s analysis served as editorial commentary based on current chart signals, without providing investment advice or company statements.
Market reaction and monitoring tools
Explaining that a move below the highlighted Bitcoin threshold could weaken support for JST, XMR, and LEO, BeInCrypto urged investors to closely track daily closes and trading volume for signs of further movement. The analysis listed $0.135 for JST, $600 for Monero, and $8.91 for LEO as critical to monitor.
For readers seeking to keep pace with rapid market moves near these support levels, CryptoAppsy offers real-time price charts and customizable alerts for specific price points. This enables investors to react promptly if JST, Monero, or LEO break through their respective support or resistance levels, providing critical insights when volatility increases.
The CoinGecko snapshot and BeInCrypto analysis reflected different times and methodologies, reinforcing the need for continuous real-time monitoring rather than reliance on a single report.
