ICP shows signs of recovery! đ
Looking at this chart, we see a nice upward trend developing for $ICP after a long period of downtrend. The price is now testing the $8.6 range, and whatâs exciting is the potential breakout above $9! đ The moving averages (MA25 and MA99) show that momentum is shifting, with the price having crossed above both. This is a strong bullish indicator suggesting buyers are stepping back in.
Volume has spiked recently, adding fuel to the rally fire, but donât get too carried away just yet. If ICP can break above $9 convincingly, we could see a continuation to $10 and beyond. However, any failure to hold the current support might lead to a pullback to $8.3.
The sentiment here is cautiously optimistic. ICP looks set for a breakout, but keep an eye on the key levels! The next few days will be crucial. đđ„
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