5 Coins Show Strength Amidst Volatility

• 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.

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.

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.

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, currently priced at $0.02259, has declined by 2.18%. The immediate support level is around $0.0226, where it has found temporary stabilization. Below this, $0.0222 serves as a stronger support level. 

On the resistance front, $0.02302 is the recent high to watch. If VET can push above this resistance, it may aim for $0.0233, where selling pressure previously materialized.

Polkadot (DOT) Experiences a Downtrend

Polkadot is trading at $4.13, down 2.41%. The immediate support level is at $4.10, a crucial area where previous consolidation has occurred. 

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If the price drops below this level, $4.00 could be the next target. Resistance is set at $4.22 and $4.25. A breakthrough above $4.22 is essential for DOT to start a recovery.