Internet Computer (ICP) reaches the $20 threshold: Crypto analysis of April 3, 2024
Internet Computer breaks its latest high to reach $20. Let's take a look at the future prospects of the ICP price together.
Internet Computer Status (ICP)
After peaking at $16.30, Internet Computer (ICP) price began a consolidation phase, stabilizing in a range between this latest price level and $10.30. In late March, ICP broke through this range from above, reaching a new high slightly above $20. Each of these levels had been highlighted in the analysis of March 14, 2024, which confirms their importance.
Conclusion :
thresholds highlighted by preliminary analyses. This dynamic reaffirms the sustained interest in ICP, even in the presence of volatilities, which is promising for a continuation of the upward trend. However, it will be crucial to carefully observe the price reaction at different key levels to confirm or refute the current assumptions. It is also important to remain vigilant against potential “fake outs” and “market squeezes” in each scenario. Finally, let us remember that these analyzes are based solely on technical criteria and that the price of cryptocurrencies can also evolve quickly depending on other more fundamental factors.
