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As the year’s last day was coming to an end, the top three altcoins gaining the most on the Binance exchange were ICP, ONT, PYR Coin. The Bitcoin price dropped to $41,500 in the last 24 hours and then rose by $1,000 again but is unable to sustain above $43,000. This reflects the ongoing pressure from miners along with profit-taking.
ICP Coin Price Prediction
ICP Coin, which has dropped from a four-digit price to a single digit, wiped out the capital of investors who took bold actions on its launch day. However, those who evaluated the bottom are now reaping satisfactory gains. The price has gained 346% since the week of October 9. Still, considering the peak of $2,837 during the launch period, you might think it’s equivalent to zero. As in this example, the initial listing period for new altcoins is extra risky.
The ICP Coin price is now in the $13.28 region and if it can surpass $14.7, it could test the peaks of $17.8 and $23.3. During the April 2022 period, the price continued its rapid decline below $23.3. The critical support is at $8.65, and closing below this could trigger a return to $5.
ONT Coin Price Prediction
The second altcoin experiencing double-digit gains today was ONT Coin. While many altcoins have moved their first-quarter peaks upward in the last few weeks, ONT Coin has not yet surpassed its 2023 peak of $0.35. However, we should not forget that it is still running towards this target. It may not be able to move its annual peak higher, but if it can maintain its current momentum, it could rise above $0.35.
In the opposite scenario, closures below $0.256 could lead to a drop to the $0.219 and $0.2044 region. At the bottom, there is a $0.154 support waiting to be spiked in an oversold environment.
PYR Coin Price Prediction
The price has increased by over 200% in 72 days and is trying to close above the $8.53 selling region for a while. As long as daily closures continue above $7.8, the price can target new peaks. However, in the opposite scenario, we could see a decline to $7, $5.82, and then to $4.6.
For a long-term rise, a monthly close above $10.8 after surpassing the selling region is sought, and in this case, the April 2022 peak of $19.8 could be targeted.
