$ICP on the weekly timeframe is showing signs of a potential long-term reversal after a prolonged downtrend. Price bounced from major support near $2 and is now trying to reclaim momentum above $3.
A confirmed breakout above the descending resistance around $4.50–$5.00 could trigger a major expansion toward $8–$12, with $16+ possible if momentum accelerates.
Rejection at resistance could send price back toward the $2–$2.50 support zone.
A confirmed breakout above the descending resistance around $4.50–$5.00 could trigger a major expansion toward $8–$12, with $16+ possible if momentum accelerates.
Rejection at resistance could send price back toward the $2–$2.50 support zone.