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MainNewsCrypto Marke...

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


Feb, 25, 2025
< 1 min read
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


Feb, 25, 2025
< 1 min read
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

Is Bitcoin’s Bull Run Confirmed? Not Until It Clears This $88k Hurdle

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Bitcoin’s current cycle shows strong similarities to the structural resets seen in bo...
Apr, 12, 2025
< 1 min read
by CoinEdition
Why Bitcoin Breaking $85,000 Right Now Looks So Familiar to Analysts

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Bitcoin demonstrated decisive strength Saturday, pushing firmly above the critical $8...
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