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Home/Crypto News
Crypto News

Best Cryptocurrencies to Watch Today, June 8 – ETH, NEAR, LINK

Austin Mwendia
Written byAustin Mwendia
Crypto Writer
Fact checked byJoshua Downes
UpdatedJune 8, 2026
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Best Cryptocurrencies to Watch Today, June 8 – ETH, NEAR, LINK

Highlights:

  • ETH is approaching the $1,100-$1,500 demand zone, an area that has attracted strong buying interest in past cycles.
  • NEAR has jumped after reclaiming the $2.13 support level, with buyers now targeting the $2.78 resistance zone.
  • LINK is defending the $7.86 support level as traders watch for a move toward the $9.93 resistance zone.

The crypto market has started the week with a small rally after a free fall in the previous week. Analysts are describing today’s rally as a dead-cat bounce, a situation in which the market briefly rebounds from a free fall before resuming the decline. In addition, the recovery of BTC above $63,000 has led to $631 million in liquidations, with short positions accounting for $470 million. If BTC holds above $63,000, the broader market may rebound as the week unfolds.

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As of press time, the overall market cap is up 1.57% to $2.17 trillion, while the trading volume is up 16.78% to $84.89 billion. The fear and greed index is in the extreme fear zone at 15. Most of the top 10 cryptocurrencies are trading in the green zone on the daily chart. With the market starting the week in the green zone, here are the best crypto opportunities to watch today.

Best Crypto Opportunities to Watch Today

1. Ethereum (ETH)

ETH is trading at $1,675, representing a 3.92% increase over the past 24 hours. The market cap stands at $202.2 billion, while the trading volume has increased by 10.14% to $16.57 billion.

Best Cryptocurrencies to Watch Today, June 8 – ETH, NEAR, LINK
Ethereum Price Chart: CoinMarketCap

Ethereum is approaching a major long-term demand zone that has attracted buyers several times. The $1,100 to $1,500 range stands out as the most important support area on the weekly chart. This region supported Ethereum before a strong rally pushed the price above $4,000. Moreover, buyers repeatedly defended this zone during periods of market weakness.

$ETH is entering an area of deep value.

The $1100-$1500 zone is your go to area for accumulation.

If you plan on bidding ALTS, these are the levels you should be paying attention to.

For now, I’m continuing to prioritise $TAO & $HYPE. pic.twitter.com/UIQq3471bl

— TurboBullCapital (@TurboBull21) June 8, 2026

Ethereum is now trading near the upper boundary of this demand range. If selling pressure continues, the price could test deeper levels within the zone. However, a strong reaction from buyers could establish a base for recovery.

2. NEAR Protocol (NEAR)

The native coin of the public blockchain platform NEAR is trading at $2.12, a 11.2% increase in the past day. Meanwhile, its trading volume is up by 35.43% to $663.1 million, while the market cap stands at $2.76 billion.

Best Cryptocurrencies to Watch Today, June 8 – ETH, NEAR, LINK
NEAR Price Chart: CoinMarketCap

NEAR has staged a strong recovery after spending months consolidating above the $1.50 support zone. Buyers defended that level repeatedly before momentum accelerated sharply in late May.

The rally pushed NEAR above $2.13 and briefly tested the major resistance zone near $2.78. However, sellers quickly responded and triggered increased volatility around that level. Despite the pullback, buyers prevented a deeper breakdown and reclaimed the $2.13 area.

Source: TradingView

The $2.13 level now acts as the most important support on the chart. As long as NEAR holds above it, bulls maintain control of the current trend. Meanwhile, a move above $2.78 would confirm renewed strength and open the door toward higher targets.

3. Chainlink (LINK)

LINK is currently trading at $7.88, with a 2.66% increase in the last 24 hours. The trading volume of the coin is up 2.26% to $342.4 million, while the market cap stands at $5.73 billion.

Best Cryptocurrencies to Watch Today, June 8 – ETH, NEAR, LINK
Chainlink Price Chart: CoinMarketCap

Chainlink is testing one of its most important support zones after a sharp decline from the May highs. The recent selloff pushed LINK back toward the $7.86 support level that previously attracted buyers.

Above the current levels, the first major resistance sits at $9.93. A successful recovery above that zone could shift momentum and revive bullish sentiment. Furthermore, a break above $9.93 would expose the stronger resistance area near $14.65.

Best Crypto Opportunities to Watch Today, June 8 – ETH, NEAR, LINK
Source: TradingView

The current setup places LINK at a critical decision point. If support holds, the token could begin building a recovery base. However, a breakdown below $7.86 would weaken the outlook and increase downside risk.

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Austin Mwendia
Crypto2CommunityContributor
Author

Austin Mwendia

Austin Mwendia is a passionate crypto journalist with three years of experience. He has contributed to various media outlets, covering blockchain technology, market analysis, and financial trends. He is committed to educating readers and expanding the adoption of blockchain and decentralized finance.

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