ICP Maintains Bullish Structure Setting $4.72 as a Foundation for Next Move Higher - adtechsolutions

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ICP Maintains Bullish Structure Setting $4.72 as a Foundation for Next Move Higher


Internet computer (ICP) On Tuesday he delivered a solid recovery and after meeting with the pressure of timely sale increased by 1%.

The jump from Intraday minimal introduced the structural power of the asset and the growing beliefs of the buyer at key technical levels.

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After slipping early in the European Wound, ICP Found support near the brand $ 4.72Where the business has intensified and the buyers entered aggressively. This level is now, according to the technical analysis of Coindesk Research as a high departure support zone, which means a potential base for the next foot.

The price stabilized above this threshold and gradually climbed to the previous maximum, indicating the presence of accumulation and strengthening the bull’s sentiment.

The volume trends surrounding the reversal were significantly increased, indicating institutional participation and a strong response to support. The strength of the reflection and permanent recovery suggests that the ICP remains technically, even with a wider market fluctuation.

Since there are bull patterns of continuation and without the immediate durability that is abandoned, the ICP can be ready to question the recent maximum. Traders and long -term holders can look at resistance to $ 4.72 as the basis for the next step higher.

Emphasizing technical analysis

  • After the revival, ICP published 1% daily profit.
  • The $ 4.72 level appeared as a clearly defined support zone after high volume accumulation.
  • Increased activity on the purchase side signaled during recovery of a strong belief between traders.
  • Short -term resistance levels have been tested and overcome without significant retract.
  • The market structure remains favorable in the coming days for potential bulls.

Renunciation of responsibility: Parts of this article were created with the help of AI tools and reviewed our editorial team to ensure accuracy and observance our standards. See more information Complete policy of AI of Coindeska.





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