Cryptocurrencies Face Upgrades and Uncertainty as Prices Waver
• Horizen (ZEN) is performing a network upgrade on February 7th that will disable privacy features, but the price action looks bearish based on technical indicators.
• Radiant Capital (RDNT) announced an airdrop for those locking assets, and the price recently bounced off support though with weakening momentum.
• Injective (INJ) announced a new dApp launching this week, while the price trades inside a triangle pattern that could break out either way.
• Beldex (BDX) has a hard fork coming on February 4th to transition to a deflationary protocol, but the price trades inside a bearish pattern.
• SKALE (SKL) is introducing a zero gas fee blockchain on February 1st and recently bounced off support, but high risk of a breakdown remains.