$ICP 24A new 24-hour low has appeared.
24h -1.6%, current price 2.392, previous low 2.4.
From a technical perspective, a new low means the bulls’ defense has been breached. The first thing to watch on a rebound is whether the price can reclaim the previous low; if it can’t, weakness is likely to continue, while reclaiming it could signal a false breakdown. Which direction do you favor?
#ICP
DYOR, and participate rationally.
24h -1.6%, current price 2.392, previous low 2.4.
From a technical perspective, a new low means the bulls’ defense has been breached. The first thing to watch on a rebound is whether the price can reclaim the previous low; if it can’t, weakness is likely to continue, while reclaiming it could signal a false breakdown. Which direction do you favor?
#ICP
DYOR, and participate rationally.