This Accumulation Zone Could Send $ICP to $79+
#ICP is trading at $5.55, currently sitting in a critical accumulation zone — between $4.54 and $5.41. Here's what the chart reveals:
Major Support:
🔹 Holding above the long-term support zone around $2.88–$3.38.
🔹 If this level fails, we may revisit the $2.60–$2.88 range.
Accumulation Zone:
🔹 This zone has historically attracted smart money entries.
🔹 Any consolidation here with volume could trigger a bullish breakout.
Immediate Resistance (Zone 1):
Between $6.26–$7.16 — a breakout and weekly close above this = bull control confirmed ✅
Key Trendline:
🔹 The long-standing downward resistance line is still intact but weakening.
🔹 A breakout and retest could ignite a mid-term rally.
Next Resistance (Zone 2):
Major hurdle sits around $14.95–$18.52 — breakout here opens the door to $50+ levels.
Upside Projection:
If the structure plays out, ICP could potentially rally toward $50–$79 in a full bull run.
🔻 Risk Levels:
🔹 A break below $4.54 would be a caution signal.
🔹Closing below $3.38 may invalidate the bullish structure.
Note: ICP/USDT is at a make-or-break zone. Accumulation is visible. A bullish breakout above $7.16 could start a powerful upside move. Watch for volume + trendline breakout confirmation. Stay alert, set alerts, and plan your entries wisely. DYOR, NFA.
