• ICP/USDT Perpetual pair is currently changing hands at $2.480, reflecting a 3.90% upside over the past day.
• Price action during the last 24 hours carved out a lower boundary of $2.316 and an upper peak of $2.484.
• Cumulative volume for the session recorded roughly 7.46M ICP tokens traded, translating to approximately $17.92M USDT.
• The short-term 7-period moving average rests at $2.451, providing immediate baseline backing for buyers.
• Intermediate and long-term indicators place the MA(25) at $2.402 and the MA(99) at $2.406 respectively.
• Price recovery initiated following a sharp dip down to the local swing support floor situated at $2.316.
• Market participants are closely watching whether volume can sustain a push past the $2.48 resistance zone.#SOLJumps20%OnTheWeek #WarshSaysInflationIsFedTopFocus #FedSeptRateHikeOddsRiseTo57% #TrumpSaysUSReachedVenezuelaOilDeal #USShortTermTreasuryYieldsJump $ICP
• Price action during the last 24 hours carved out a lower boundary of $2.316 and an upper peak of $2.484.
• Cumulative volume for the session recorded roughly 7.46M ICP tokens traded, translating to approximately $17.92M USDT.
• The short-term 7-period moving average rests at $2.451, providing immediate baseline backing for buyers.
• Intermediate and long-term indicators place the MA(25) at $2.402 and the MA(99) at $2.406 respectively.
• Price recovery initiated following a sharp dip down to the local swing support floor situated at $2.316.
• Market participants are closely watching whether volume can sustain a push past the $2.48 resistance zone.#SOLJumps20%OnTheWeek #WarshSaysInflationIsFedTopFocus #FedSeptRateHikeOddsRiseTo57% #TrumpSaysUSReachedVenezuelaOilDeal #USShortTermTreasuryYieldsJump $ICP