ICP is at the 50% Fib retracement (~$6.15) from the November 7 high. If a floor forms here, then a potential rise in pricing could happen, potentially seeking previous highs ~$10. Failure to hold could see ~$5.20-4.70 support.
Solid floor here could be a buy signal. Failure to hold means further drop to old support.
ICPUSDT
Perp
3.185
-0.93%