Crypto Whales Eye Jito, AB Coin, Mantle for June Gains

As June begins, the focus shifts to the strategic moves of crypto whales, who are eyeing three lesser-known tokens with potential for rapid growth. These hidden gems, Jito, AB Coin, and Mantle, have shown varying price behaviors and key levels that could influence their future performance.

Jito, which experienced a +3.50% price increase last month and a +2.14% gain in the past week, has seen a significant decline of about -27.77% over the last six months. The coin's price has fluctuated between $1.35 and $2.11, with a current range between a tested support at $1.06 and an immediate resistance level at $2.56. The RSI at 52.96 indicates balanced sentiment, while the momentum indicator at -0.029 suggests a slight bearish note. Traders might consider buying near $1.06 and look for a possible bounce, while a drop below this level could trigger a deeper sell-off. A breakthrough above $2.56 could open the door toward $3.32. The coin is currently in a consolidation phase that requires careful observation around these key levels.

AB Coin, on the other hand, has shown remarkable performance with an 83.01% gain over the past month and an astounding 8974.27% increase over the half-year. The week-to-week rise of 5.65% adds to a vivid picture of strong upward momentum. The price action has spread from a range of $0.0043 to $0.0116, with key price markers guiding trading decisions. The current market setup revolves around a support level at $0.0004 and nearest resistance at $0.015, with a secondary resistance around $0.0223. Technical indicators show moderate balance with an RSI of 57.16 and a Momentum Indicator of 0.001. Bulls are in play, but caution is advised near resistance. Traders could consider entering long positions if the price holds near resistance or utilize tight stops if it slips toward support, making strategic moves in this bullish phase.

Mantle, however, has experienced a decline of approximately 15% over the past month and a 46% decrease over the half-year. These price drops indicate a consistent downturn characterized by weakening sentiment and reduced buying interest. Currently, Mantle trades in a range between $0.61 and $0.79, with immediate resistance observed at $0.90 and support near $0.54. Additional levels include $1.08 to the upside and $0.36 on the downside. Indicators such as a relative strength index near 41.84, along with negative momentum, suggest moderate bearish control. The absence of a clear trend presents opportunities for cautious trading, with an emphasis on monitoring the support boundary for potential reversals. A breach of resistance may signal upward movement, highlighting the importance of clearer directional cues before making any commitments.

In conclusion, Jito, AB Coin, and Mantle have shown potential for growth in June. These coins have caught the attention of top investors due to their new features and promising use cases. Monitoring these coins could be beneficial for those looking for future gains. However, it is important to note that this article is provided for informational purposes only and should not be considered as legal, tax, investment, financial, or other advice.