๐ Analysis and Prediction (ICP and SOL):
๐ #ICP/USDT - The project token of Internet Computer (ICP) has been on the rise over the past few days, reaching a significant milestone on Monday by surpassing the 3 billion blocks confirmed on the network. Forecast: Over the past few days, the price of Internet Computer has surged by 54.45%, reaching $17. Thus, the altcoin has already fulfilled the recent BeInCrypto forecast, which anticipated a rally to $15 by the end of the month. Going forward, despite the already substantial rally, #ICP may extend its upward trend slightly further and reach resistance at the $18 level. Surpassing this barrier would push the altcoin toward a 30-month high. However, previously, the price has failed in attempts to close above the $17 resistance, and another such episode is likely to lead to a correction. In that scenario, the coin could drop to $15.34 amid a cooling market, potentially abandoning the bullish scenario.
๐ #SOL/USDT - The total value locked (TVL) in the Solana ecosystem has exceeded $4 billion for the first time since April 2022. Technical analysis on the 4-hour timeframe indicates that the 20 EMA line is almost crossing below the 50 EMA line. This may signal a shift in momentum towards a bearish forecast or sideways price action. If Solana enters a corrective phase, the price could test the support level at $161 or drop to $137. However, if #SOL manages to maintain its bullish momentum, it could return to a consolidation phase and soon reach $210, which is 20% higher than the current price.
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