$ICP rose more than 14% today to $3.46, leading major cryptocurrencies. The price broke out of a descending triangle pattern that had capped it for weeks and moved above several key moving averages. On-chain data shows that large buyers are increasing their positions in both spot and futures markets, with long positions accounting for 65% of futures open interest. Analysts say that if the rally continues, around $4.10 will be the next key resistance.
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(Source: AMBCrypto)
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