Trade Analysis of $ICP .
Support and Resistance Levels: Key support is identified around the $6-$7 range, while resistance zones exist near $10-$12. Breaking these zones could signal further price movement in either direction.
RSI (Relative Strength Index): In the last few months, ICP's RSI often suggests oversold conditions, meaning it might be undervalued and could see a potential rebound if market conditions improve.
Moving Averages: ICP is trading below its long-term moving averages, which typically suggests a bearish trend. However, short-term averages might indicate consolidation or preparation for a breakout depending on broader crypto market sentiment.
ICP shows potential, but its near-term performance depends on both market conditions and the success of its ecosystem growth.
