3 Altcoins That May Present Great Trading Opportunities This Week

Published 26/07/2023, 11:51
3 Altcoins That May Present Great Trading Opportunities This Week

  • Technicals for OP, LINK, and MKR suggest these altcoins will experience strong price movements this week.
  • OP may be at risk of plummeting to as low as $1.015 in the next 7 days.
  • Meanwhile, LINK and MKR were also at risk of falling to crucial support levels on their charts.

Optimism (OP), Chainlink (LINK), and Maker (MKR) may be set for substantial moves in the next 7 days as traders look to profit from the high levels of volatility currently in the market. Meanwhile, CoinMarketCap indicates that the total cryptocurrency market cap was able to recover 0.32% over the past 24 hours – taking the total to around $1.17 trillion at press time.

The market dominance of Bitcoin (BTC) dropped slightly over the past day of trading. Although its dominance only fell by 0.05%, altcoin traders may still try to identify trade opportunities for smaller capped cryptocurrencies in the coming week.

Optimism (OP)

According to CoinMarketCap, in the last 24 hours of trading, the price of OP experienced a slight drop of 0.15%. As a result, the cryptocurrency was valued at approximately $1.47 at press time. Unfortunately, this decline in price also impacted its weekly performanc…

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