ICP/USD Heading Towards $84-88 Resistance Zone
Internet Computer has regained the topside of this channel after bouncing cleanly off of the $58 support level. From here, we just saw 1st touch rejection from the $67 level and will most likely pullback a little bit to $65 before moving up more.
ICP looks like its going to regain the $67 as support and close out on top of $70. From this point, the next level of resistance holding the price down is the $84 - $88 range.
With BTC, ETH and the leading large caps reversing back to the upside, this means the rest of the market will follow and ICP is no exception to that. It will mimic the momentum of Bitcoin to the upside and reach our $84-88 price target for the short-term.
As always please do your own research, I am not a financial advisor.
ICP looks like its going to regain the $67 as support and close out on top of $70. From this point, the next level of resistance holding the price down is the $84 - $88 range.
With BTC, ETH and the leading large caps reversing back to the upside, this means the rest of the market will follow and ICP is no exception to that. It will mimic the momentum of Bitcoin to the upside and reach our $84-88 price target for the short-term.
As always please do your own research, I am not a financial advisor.
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