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Prices of ICP, Chainlink, and Optimism Decline Amid Market Pressure

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by Giorgi Kostiuk

3 hours ago


Prices for cryptocurrencies Internet Computer (ICP), Chainlink (LINK), and Optimism (OP) are under pressure, reflecting overall market trends and investor sentiment.

ICP Declines Under Market Pressure

ICP has seen a decline of 10.99%, dropping from $6.81 to $6.06 in 24 hours. This represents heightened selling activity. Currently, its market value is about $2.91 billion, with trading volume up by 87.69%, reaching $151.41 million, indicating increased activity despite the price drop.

Chainlink Faces Resistance

Chainlink (LINK) faces resistance at $15.20, challenging its ability to reverse the downward trend. This is a key level that may influence the asset's future move.

Support Critical for Optimism

Optimism (OP) must hold the $0.95 support to avoid deeper losses amid strong investor sell-offs.

Cryptocurrency prices are under pressure, but strategic support and resistance levels remain crucial for their future development.

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