ICP Weekly Analysis
Internet Computer Protocol (ICP) has experienced a remarkable surge, peaking at $19.78, marking an impressive 72.64% increase. This rally commenced following the conclusion of its bearish trend, diverging from the $10.54 price point.
Presently, the price is encountering resistance at $19.772, leading to sideways accumulation, with interim support identified at $18.876. A breach of this level could potentially extend the support retest to $17.216.
Technical indicators and moving averages unanimously indicate a robust buy signal for ICP, projecting favorable prospects in both the midterm and long term.
Presently, the price is encountering resistance at $19.772, leading to sideways accumulation, with interim support identified at $18.876. A breach of this level could potentially extend the support retest to $17.216.
Technical indicators and moving averages unanimously indicate a robust buy signal for ICP, projecting favorable prospects in both the midterm and long term.
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