$ICP Today, ICP (Internet Computer) presents a mixed market sentiment. Despite recent volatility, the project’s fundamentals remain strong, with ongoing developments aimed at revolutionizing cloud computing and decentralized internet infrastructure. However, short-term price movements indicate some bearish pressure, particularly as the broader market faces uncertainty.
ICP's current price of $9.688 positions it in a consolidation phase, with key support levels holding at around $9.50. If the price breaks below that level, it could target $8.80 or lower. Conversely, a bullish reversal could push ICP towards the $10.50 mark in the near term, with $11 being a more optimistic target.
Analysis: Bearish in the short-term, but bullish in the long-term if key levels hold.
Target Buy Price: $9.50
Target Sell Price: $10.50
Current Price: $9.688
