$ICP — after reclaiming 3.4, the next high is key
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The latest completed day closed above 3.4 and the 20-day average.
Holding 3.4 on a pullback and a daily close above 3.61 would strengthen the scenario of continued movement toward the historical 4.0–4.1 area.
A daily close below 2.86 would invalidate the hypothesis that the recovery base is holding. The former resistance at 3.1–3.4 is now being tested as possible support.
Subscribe in advance + like
The latest completed day closed above 3.4 and the 20-day average.
Holding 3.4 on a pullback and a daily close above 3.61 would strengthen the scenario of continued movement toward the historical 4.0–4.1 area.
A daily close below 2.86 would invalidate the hypothesis that the recovery base is holding. The former resistance at 3.1–3.4 is now being tested as possible support.