📈 ICP Coin – Current Technical Analysis (June 11 – July 11, 2025) #BTCBreaksATH
1️⃣ Current Price Level
ICP is currently trading at approximately $5.52.
The 24-hour trading volume is around $123 M — showing strong activity and interest.
2️⃣ Price Movement (June 11 – July 11) #ETHBreaks3k
On June 11, it was at ~$6.07.
The lowest point of the month was $4.55 (June 22).
At the beginning of July, it stabilizes in the $5.40–$5.60 range with a strong recovery.
3️⃣ Technical Indicators #ICP生态
RSI: Currently in the range of 50–60; neither overbought nor oversold.
MACD: Positive movement observed with the recent breakout — momentum is rising.
Volume: A strong volume spike occurred on July 9–10 (daily volume was twice the average).
4️⃣ Support & Resistance Levels $BTC
Support: $5.10–$5.20 (7/10 low level), further below is the $4.90–$4.93 area.
Resistance: $5.55–$5.60 range (intraday peak), above it is a strong band at $5.80–$5.90.
5️⃣ Formation and Trend $ETH
The price is forming a symmetrical triangle or an ascending channel — no clear breakout has occurred yet.
The daily chart shows a bounce from the bottom and high-volume acceleration, providing upward trend confirmation.
🎯 King's Commentary
After making a significant bottom in June, ICP has made a strong recovery in July. With positive volume support, RSI is maintaining the mid-band; this signals more upward movement.
However, caution:
There may be a high risk of horizontal movement and correction before breaking the resistance in the $5.80–$5.90 range.
Below, the $5.10–$5.20 area is suitable support for stop-loss. In case of a downward breakout, the $4.90 – $5.00 range may be tested.
📌 Conclusion:
ICP can be confidently monitored in the medium term. If resistance is broken, there is potential to drop above $6.00 in a short time. However, I recommend careful risk management.
