$ICP – Quick Update

ICP is trading around $2.6–$2.7, showing weakness but some short-term pop attempts. Over the past week, it’s underperformed Layer 1 peers.

Trend & Momentum:

• EMA/Trend: Below key EMAs (20/50/200) — short-term trend bearish/neutral.

• MACD: Negative, momentum not yet reversed.

• RSI: Near 30–40 — room to rally but needs buying conviction.

Potential Upside Targets:

🔹 First resistance: $3.00–$3.20

🔹 Next breakout: $4.50–$4.80

🔹 Strong breakout: $5.90–$6.10

Whale/Flow Context:

• No clear sustained whale accumulation — price moves mostly influenced by volume spikes and order book shifts.

Bottom Line:

Short-term bounce possible if buyers step in, but sustained rally needs strong volume and trend shift above EMAs.

#icp

ICP
ICP
2.653
-0.59%