Trading Analysis $ICP

I bought it before and saw it on the gainer list today. Let's analyze the support and resistance levels: the key support level is around the $6-7 range, while the resistance level is around $10-12. Breaking through these areas may indicate further price movement in either direction.

ICP is trading below its long-term moving average, which generally indicates a bearish trend, however, the short-term average may indicate consolidation or preparation for a breakout, depending on the broader crypto market sentiment.

ICP shows potential, but its recent performance depends on market conditions and the success of the ecosystem growth. You can pay attention to it for now!