Currencies33928
Market Cap$ 3.48T+0.26%
24h Spot Volume$ 26.91B-33%
DominanceBTC61.78%+0.02%ETH8.68%+0.21%
ETH Gas0.27 Gwei
Cryptorank

Crypto Market in Red: ICP, Chainlink, Optimism Prices Plunge — Analysts Weigh In Key Price Levels


by Maxwell Mutuma
for CoinEdition
Crypto Prices Tank: ICP, LINK, OP Double-Digit Drop
  • ICP struggles near $6.00 support as rising volume signals continued market pressure.
  • LINK faces resistance at $15.20, needing momentum to reverse its downward trend.
  • OP must hold $0.95 support to avoid deeper losses amid strong investor sell-offs.

Internet Computer (ICP), Chainlink (LINK), and Optimism (OP) have all taken a hit lately, with their prices moving downwards, reflecting wider market trends and how investors are feeling. 

Even though they’ve dropped noticeably, these cryptocurrencies are still important in the blockchain world. How their prices are acting now could show us where they might be headed, with key price levels showing where they might find support or meet resistance in the future.

Internet Computer (ICP) Under Pressure to Sell

ICP has witnessed a sharp decline, dropping from $6.81 to $6.06 within 24 hours. This represents a 10.99% decrease, reflecting heightened selling activity. 

Right now, its market value is about $2.91 billion, but the amount of trading jumped up by 87.69%, reaching $151.41 million. This means more people are trading it, even though the price is going down.

Source: CoinMarketCap

The $6.00 price mark is…

The post Crypto Market in Red: ICP, Chainlink, Optimism Prices Plunge — Analysts Weigh In Key Price Levels appeared first on Coin Edition.

Read the article at CoinEdition

Read More

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Crypto Market in Red: ICP, Chainlink, Optimism Prices Plunge — Analysts Weigh In Key Price Levels


by Maxwell Mutuma
for CoinEdition
Crypto Prices Tank: ICP, LINK, OP Double-Digit Drop
  • ICP struggles near $6.00 support as rising volume signals continued market pressure.
  • LINK faces resistance at $15.20, needing momentum to reverse its downward trend.
  • OP must hold $0.95 support to avoid deeper losses amid strong investor sell-offs.

Internet Computer (ICP), Chainlink (LINK), and Optimism (OP) have all taken a hit lately, with their prices moving downwards, reflecting wider market trends and how investors are feeling. 

Even though they’ve dropped noticeably, these cryptocurrencies are still important in the blockchain world. How their prices are acting now could show us where they might be headed, with key price levels showing where they might find support or meet resistance in the future.

Internet Computer (ICP) Under Pressure to Sell

ICP has witnessed a sharp decline, dropping from $6.81 to $6.06 within 24 hours. This represents a 10.99% decrease, reflecting heightened selling activity. 

Right now, its market value is about $2.91 billion, but the amount of trading jumped up by 87.69%, reaching $151.41 million. This means more people are trading it, even though the price is going down.

Source: CoinMarketCap

The $6.00 price mark is…

The post Crypto Market in Red: ICP, Chainlink, Optimism Prices Plunge — Analysts Weigh In Key Price Levels appeared first on Coin Edition.

Read the article at CoinEdition

Read More

CZ Says Governments Are Buying Bitcoin as Breakout Signals Major Rally Ahead

CZ Says Governments Are Buying Bitcoin as Breakout Signals Major Rally Ahead

Crypto influencer Crypto Rover posted on July 5 that “many countries are buying #Bitc...
Hidden Weakness? Why Bitcoin’s Low Trading Volume Is a Major Warning Sign

Hidden Weakness? Why Bitcoin’s Low Trading Volume Is a Major Warning Sign

Despite Bitcoin trading near record highs, a worrying on-chain signal is flashing a w...