Internet Computer (ICP) Has Been Consolidating Will Get to $60
Internet Computer (ICP) has really been squeezing in between $42.00 - $50.00 for the past month. Not much volatility has been happening with ICP it's just been moving sideways for most of October. It has not been up to pace with most of the market this month. When coins are moving like this these are the ones I like to keep an eye on. The majority of the trading has been at around $45.50 since July which is serving as the point of control (POC) for Internet Computer. It's becoming clear that a lot of accumulation has been happening in the mid $40 level for ICP.
Essentially Internet Computer is striving to become a decentralized global computer that is geared toward cryptocurrency ecosystems. It's still a relatively new project and it has very strong crypto institutional backings. Once it fully breaks past it's current resistance of $53.00 I believe we will se ICP back in the $60 levels. The a nice amount of upside from these the lower to mid $40 range and we're still mellow on the RSI. Keep ICP on your radars!
Support: $42.50
Short Term Resistance: $48.55
Resistance: $53.00
Much peace, love, wealth, and health!
Essentially Internet Computer is striving to become a decentralized global computer that is geared toward cryptocurrency ecosystems. It's still a relatively new project and it has very strong crypto institutional backings. Once it fully breaks past it's current resistance of $53.00 I believe we will se ICP back in the $60 levels. The a nice amount of upside from these the lower to mid $40 range and we're still mellow on the RSI. Keep ICP on your radars!
Support: $42.50
Short Term Resistance: $48.55
Resistance: $53.00
Much peace, love, wealth, and health!