Internet Computer ( ICP ) holds the 38th position on Coin Gecko right now. ICP price prediction 2022 is explained below with a daily time frame
The above ICP daily chart laid out a Descending Trend Line Breakout, also known as the Falling Resistance Trend Line . The upper trendlines connect the Lower High. This pattern is generally a characteristic of a bullish trend . We can expect a breakout from the 5th Resistance Zone .
Currently, ICP is trading at $8.63.
The breakout Level of ICP is $10.50,
If the price has breached the breakout level, then the price of ICP might reach the next resistance level of $22.39 and $38.54. If the trend reverses, then the price of ICP may fall to $5.00
Internet Computer ( ICP ) Support and Resistance Levels
The chart below shows the support and resistance levels of Internet Computer ( ICP ).
Resistance Level 1 $10.50
Resistance Level 2 $22.39
Resistance Level 3 $38.51
Support Level $5.00
The charts show that ICP has performed a bearish trend over the past month. If this trend continues on the higher side, ICP might run along with the bulls overtaking its resistance level at $10.50.
Based on the recent volume it shows some good signs in the current market.
Will see after Breakout Thanks
Happy Trading!!!! Trading View India community
The above ICP daily chart laid out a Descending Trend Line Breakout, also known as the Falling Resistance Trend Line . The upper trendlines connect the Lower High. This pattern is generally a characteristic of a bullish trend . We can expect a breakout from the 5th Resistance Zone .
Currently, ICP is trading at $8.63.
The breakout Level of ICP is $10.50,
If the price has breached the breakout level, then the price of ICP might reach the next resistance level of $22.39 and $38.54. If the trend reverses, then the price of ICP may fall to $5.00
Internet Computer ( ICP ) Support and Resistance Levels
The chart below shows the support and resistance levels of Internet Computer ( ICP ).
Resistance Level 1 $10.50
Resistance Level 2 $22.39
Resistance Level 3 $38.51
Support Level $5.00
The charts show that ICP has performed a bearish trend over the past month. If this trend continues on the higher side, ICP might run along with the bulls overtaking its resistance level at $10.50.
Based on the recent volume it shows some good signs in the current market.
Will see after Breakout Thanks
Happy Trading!!!! Trading View India community
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