The crypto market is in the red today as Bitcoin fell below the $98,000 support level. Altcoins suffered the wrath of these bearish conditions as losses piled up, resulting in multiple new lows.

BeInCrypto has analyzed three such crypto tokens that have formed a new all-time low today and whether or not they can recover in the coming days.

Zerebro (ZEREBRO)

ZEREBRO’s price dropped 24% in the past 24 hours, now trading at $0.0925 and briefly hitting an intraday low of $0.0921. This sharp decline has resulted in a new all-time low, reflecting intensified bearish sentiment and a lack of immediate buying support for the altcoin.

The ongoing decline poses challenges for ZEREBRO’s recovery, as the current downtrend shows no signs of easing. If this trend persists, the altcoin may experience further losses, deepening concerns among investors and delaying any potential rebound in its price action.

However, if ZEREBRO manages to reclaim $0.1355 as a support level, it could invalidate the bearish outlook. Achieving this milestone might pave the way for a recovery, with the altcoin potentially targeting $0.259 and restoring some confidence in its market performance.

Dymension (DYM)

DYM experienced a 13.6% drop in the past 24 hours, hitting a new all-time low of $0.91 during today’s intraday trading. The decline followed the altcoin’s inability to maintain support at $1.13, further highlighting its ongoing struggle in the current bearish market environment.

If broader market conditions remain unfavorable, DYM could face continued downward pressure, having already lost the critical $1.00 support level. This ongoing decline may extend furthe

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Author: Aaryamann Shrivastava