Internet Computer (ICP) holds the 38th position on Coin Gecko right now. ICP price prediction 2022 is explained below with a daily time frame
The above ICP daily chart laid out a Descending Trend Line Breakout, also known as the Falling Resistance Trend Line. The upper trendlines connect the Lower High. This pattern is generally a characteristic of a bullish trend. We can expect a breakout from the 5th Resistance Zone.
Currently, ICP is trading at $8.63.
The breakout Level of ICP is $10.50,
If the price has breached the breakout level, then the price of ICP might reach the next resistance level of $22.39 and $38.54. If the trend reverses, then the price of ICP may fall to $5.00
Internet Computer (ICP) Support and Resistance Levels
The chart below shows the support and resistance levels of Internet Computer (ICP).
Resistance Level 1 $10.50
Resistance Level 2 $22.39
Resistance Level 3 $38.51
Support Level $5.00
The charts show that ICP has performed a bearish trend over the past month. If this trend continues on the higher side, ICP might run along with the bulls overtaking its resistance level at $10.50.
Based on the recent volume it shows some good signs in the current market.
Will see after Breakout Thanks
Happy Trading!!!!
The above ICP daily chart laid out a Descending Trend Line Breakout, also known as the Falling Resistance Trend Line. The upper trendlines connect the Lower High. This pattern is generally a characteristic of a bullish trend. We can expect a breakout from the 5th Resistance Zone.
Currently, ICP is trading at $8.63.
The breakout Level of ICP is $10.50,
If the price has breached the breakout level, then the price of ICP might reach the next resistance level of $22.39 and $38.54. If the trend reverses, then the price of ICP may fall to $5.00
Internet Computer (ICP) Support and Resistance Levels
The chart below shows the support and resistance levels of Internet Computer (ICP).
Resistance Level 1 $10.50
Resistance Level 2 $22.39
Resistance Level 3 $38.51
Support Level $5.00
The charts show that ICP has performed a bearish trend over the past month. If this trend continues on the higher side, ICP might run along with the bulls overtaking its resistance level at $10.50.
Based on the recent volume it shows some good signs in the current market.
Will see after Breakout Thanks
Happy Trading!!!!
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