3 Altcoins That Reached All-Time Low Today

The crypto market experienced significant losses in the past 24 hours due to bearish macroeconomic trends. Bitcoin fell to $80,000, triggering declines across altcoins.  

BeInCrypto analyzed three altcoins that hit new all-time lows today, struggling amid worsening market conditions.

Arbitrum (ARB)

Arbitrum’s price has plunged 21% over the past week, currently trading at $0.365. Earlier today, the altcoin hit an intra-day low of $0.343, marking a new all-time low. The continued decline reflects broader market struggles, with ARB facing heightened bearish pressure as investors remain cautious amid uncertain market conditions.

The Death Cross formation in late January intensified ARB’s downward momentum, exacerbated by worsening macroeconomic trends. If selling pressure persists, the altcoin could extend its losses and test the next all-time low of $0.300. 

However, a potential market recovery could offer Arbitrum a chance to rebound. If investor sentiment improves and broader conditions stabilize, ARB may climb toward $0.473. A breakout above this level would invalidate the bearish outlook.

Astar (ASTR)

ASTR formed a new all-time low today of $0.0294 after falling by 21% over the past week. Currently trading at $0.0315, the altcoin is looking to recover. The recent decline has intensified bearish sentiment, raising concerns about further downside if market conditions fail to improve.

Moving within a descending channel, ASTR remains vulnerable to further losses. The altcoin could fall to $0.0270 to test the lower trendline of the channel as support before attempting a rebound.

However, if broader market conditions stabilize, ASTR could regain momentum and climb toward $0.0367. A breakout above this level would invalidate the bearish outlook and signal potential recovery.

Celo (CELO)

CELO reached a new all-time low today, falling to $0.329 before recovering slightly to trade at $0.350. The altcoin has declined 17% over the past week after failing to hold $0.399 as a support floor. Continued selling pressure has kept CELO under bearish control, limiting its chances of immediate recovery.

The ongoing three-month downtrend has weighed heavily on CELO, pushing it into deeper lows. If bearish momentum persists, the altcoin could slip further below its all-time low of $0.329. This scenario could see CELO testing $0.300 or lower, reinforcing the extended negative sentiment in the market.

A reversal remains possible if CELO reclaims $0.399 as a strong support level. Such a move would invalidate the bearish outlook and open the door for recovery. A successful breakout above this threshold could push CELO toward $0.467, restoring investor confidence and signaling a potential trend reversal for the asset.