In my previous analysis, I had mentioned that ICP coin would rise from $3.60 to $8.20. Despite ICP dropping from $500 to $3, it is still a strong project and my favorite coin. Unfortunately, due to VC involvement, the coin that had fallen so much has finally started to show a strong uptrend.
What is next? RSI is oversold, and price made a huge pump (+%50) since yesterday. Therefore, I believe ICP will make some corrections. As I point it out in the graph, if it starts to do some correction, I believe around 7.50$, we will see some reversal to go up to 15$. If it doesn't stop here, it can directly go to 15$, but I believe it will rejected from there and will do some corrections. In that case, I will publish a new analysis.
This is my trial. Not a financial advice.
What is next? RSI is oversold, and price made a huge pump (+%50) since yesterday. Therefore, I believe ICP will make some corrections. As I point it out in the graph, if it starts to do some correction, I believe around 7.50$, we will see some reversal to go up to 15$. If it doesn't stop here, it can directly go to 15$, but I believe it will rejected from there and will do some corrections. In that case, I will publish a new analysis.
This is my trial. Not a financial advice.
Comment:
It's possible for it to reverse its course around $9.80, but considering the ongoing bullish trend in the market, BTC is likely to undergo some corrections at some point. When this occurs, altcoins may experience even more significant corrections. However, if BTC's correction is less severe, we can also anticipate a potential reversal around $9.80.
Comment:
Looks like it is trying to stay above 9.80$. If it can stay over the 9.80$ for few more days, then I can expect some attack to 14-15$.
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