$ICP Analysis Update
ICP is now ranked 33rd on CoinMarketCap. Its price has been affected by negative news in recent months, but it remains in its accumulation zone, where it has stayed for over 200 days.
In previous analyses, we mentioned leaving a buy order at 5.8, anticipating the price would retest that level. That has indeed happened, and our last buy order was executed.
This is my analysis—do your own, and if you're afraid, use a stop-loss. ICP is practically in the same zone as in the last analysis. Keep in mind that these are the best zones to accumulate ICP. If you don't buy in these areas, where else will you?
In the coming months, ICP should aim for the upper part of the range at 8.8. Additionally, ICP has a pattern similar to #AVAX . Remember, we are in a bearish trend; don't use all your liquidity at once. Scale your entries or use some kind of DCA (Dollar Cost Averaging) strategy.