🐂 Not all bull runs are created equal. November’s AI picks include 5 stocks up +20% eachUnlock Stocks

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…

The post 3 Altcoins That May Present Great Trading Opportunities This Week appeared first on Coin Edition.

The post 3 Altcoins That May Present Great Trading Opportunities This Week appeared first on Coin Edition.

Read more on Coin Edition

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers
© 2007-2024 - Fusion Media Limited. All Rights Reserved.