$ICP ICP (Internet Computer) has shown resilience in recent weeks, with analysts forecasting a potential breakout, but the current price movement remains mixed. Some indicators suggest a bullish outlook, especially given recent trends of higher lows and an increasing support level since mid-June. However, the coin faces a key resistance around $11.50 to $12, which needs to be surpassed for a confirmed upward momentum.
For those looking to invest, the current price of ICP is around $9.32, with key support levels identified at $8.00 and resistance at $12.00. A good buy price would be near the support level ($8.00–$8.50) for a safer entry, while the target price for a short-term gain could be around $13.50 if the resistance breaks. The ideal buy price for positioning would be around $9.32, as it's currently in the neutral zone, and any breakout above $10 could signal stronger bullish momentum.
In conclusion, ICP shows bullish potential, but the next moves depend heavily on breaking through resistance, with a target price of $13.67 within a short time. As always, caution is advised in the volatile crypto market.