- In the recent 24 hours, bear attempts to take over the ICP market lowered the price to $5.08.
- In order to hit new heights, bulls must overcome the $5.54 resistance.
- Technical indicators caution traders of a near-term turnaround.
Bullish strength is at its pinnacle in the Internet Computer (ICP) market as the price correction tries to reverse the price to its three-month high of $5.79 as it approaches $5.54 in the previous 24 hours. This bullish run effectively lifted the ICP price by 4.90% to $5.43 at the time of publication.
Market cap climbed by 5.14% to $1,542,093,808, and 24-hour trading volume increased by 71.16% to $57,891,950, both indicative of rising investor confidence and strong demand.
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