Ocean Protocol, Helium and Chainlink post monthly gains while Bitcoin price consolidates

Cointelegraph

Published Jun 09, 2022 05:30PM ET

Updated Jun 09, 2022 07:00PM ET

Positive price movements during bear markets are noteworthy primarily because they can help identify projects that have a good chance of surviving until the next bull cycle .

Generally, price action in June has been stagnant for a majority of the crypto market because traders are nervous about Bitcoin's (BTC) oscillation around the $30,000 support level, but there have been a few strong performers.

LINK/USDT vs. HNT/USDT vs. OCEAN/USDT 4-hour chart. Source: TradingView
VORTECS™ Score (green) vs. LINK price. Source: Cointelegraph Markets Pro
OCEAN/USDT 4-hour chart. Source: TradingView
HNT/USDT 4-hour chart. Source: TradingView

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