Internet Computer (ICP) Mid-Term Projection
I see to possible price action for
ICPUSDT
:
1) By reclaiming yearly open, ICP has a potential to reach 38$ and 55$ levels easily, with the continuation of uptrend, its third target would be 75-80$. The latter target will also repair the fair value gap in daily time-frame. Increasing volume makes me think that it might be in a accumulation phase followed by a huge downtrend.
2) If ICP can not reclaim that institutional key level, it will be looking for new demand zones at lower prices.
ICPUSDT
: 1) By reclaiming yearly open, ICP has a potential to reach 38$ and 55$ levels easily, with the continuation of uptrend, its third target would be 75-80$. The latter target will also repair the fair value gap in daily time-frame. Increasing volume makes me think that it might be in a accumulation phase followed by a huge downtrend.
2) If ICP can not reclaim that institutional key level, it will be looking for new demand zones at lower prices.