$ICP
ICP has posted a solid +34.6% gain in the last 24 hours, currently trading around $7.84 after reaching a 24h high of $8.05. The move follows a clear bullish breakout from the $6.70 resistance zone.
On the 1-hour timeframe, the EMA(7) > EMA(25) > EMA(99) alignment confirms a strong short-term uptrend.
Volume has significantly increased, and the MACD histogram remains in positive territory, suggesting sustained buying pressure.
🔹 Key Levels to Watch
Support: $6.70 and $7.30
Resistance: $8.20 – $8.50
Next target (if momentum continues): $9.00
🔹 Indicators:
EMA(7): 7.33
EMA(25): 6.75
EMA(99): 5.54
RSI: Approaching overbought, so minor pullbacks are possible before continuation.
Overall, ICP remains bullish in the short term as long as it holds above $7.30. A break above $8.20 could open the door for a move toward $9+.
