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ICP faces critical support at $8.00, with potential downside if breached further. WLD’s recovery hinges on maintaining support at $1.60 to avoid deeper losses. XMR may gain momentum above $142, while VET needs to break $0.02302 for upside. Internet Computer (ICP), Worldcoin (WLD), Monero (XMR), VeChain (VET), and Polkadot (DOT) have shown interesting price action in a short period. Despite overall volatility, these five coins offer potential opportunities for traders. Internet Computer (ICP) Shows Mixed Signals As at press time priced at $8.11, ICP has seen a slight decline of 2.90% in the last day. Key support is evident at $8.00, where the price has rebounded multiple times. A breach below this level could increase selling pressure, targeting the $7.85-$7.90 range. Source: Coinmarketcap Resistance appears at $8.20, as price rejections suggest it will challenge upward momentum. If ICP surpasses $8.20, it might retest the $8.38 level, indicating a potential reversal in sentiment. Worldcoin (WLD) Struggles with Resistance Worldcoin is trading at $1.62 after a 5.22% decline in the past day. The immediate support level stands at $1.60, where the price has repeatedly dipped. If it breaks this level, the next target is $1.55, which could trigger additional selling. Source: Coinmarketcap Resistance levels are set around $1.65 and $1.70-$1.72. If the price can hold above $1.60, there may be a chance for a rebound toward $1.65 or higher. Monero (XMR) Faces Downward Pressure Monero’s price currently sits at $139.93, reflecting a 4.53% decline. The immediate support level is around $136.00, where price stabilization has occurred in the past. A breach of this support could lead to further losses, targeting the $133.00 mark. Source: Coinmarketcap Resistance is currently at $142.00 and $146.50. Breaking above $142.00 could suggest a shift in momentum, leading to potential gains. VeChain (VET) Shows Signs of Weakness VeChain,…

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Filed under: News - @ October 3, 2024 2:21 pm