$ICP Will hitt 12$ tonight:

Predicting whether ICP will hit $12 tonight depends on several factors, including market momentum, trading volume, and broader market conditions. Based on the chart shared, here’s an analysis:

Key Considerations:

1. Momentum Indicators:

The price is in a short-term uptrend, but RSI and Stochastic RSI suggest it is approaching overbought levels. This could result in a slowdown or consolidation before further moves.

2. Resistance Levels:

The price recently hit resistance around $10.14. Breaking through this with strong volume is critical for it to move towards $12.

There could be intermediate resistance around $10.50 and $11.20.

3. Trading Volume:

For a 20%+ move (from $9.7 to $12) in a single day, significant buying pressure is needed. Check if trading volume is spiking, as that could indicate strong bullish momentum.

4. Market Sentiment:

If the overall cryptocurrency market (like Bitcoin and Ethereum) is bullish, it could provide the momentum ICP needs to push higher.

Likelihood of $12 Tonight:

High Probability: If ICP breaks $10.14 and gains strong buying momentum, it may reach $12.

Low Probability: If the price consolidates or fails to break above $10.14, it’s unlikely to hit $12 tonight.

Strategy:

Watch for a breakout above $10.14 with strong volume. If it sustains above this level, consider $12 as a target.

Set stop-losses and be cautious, as overbought indicators may lead to a correction.