ICP Surges 3% Following Significant Support and Volume Accumulation
Internet Computer Protocol (ICP) rallied nearly 3% in the last 24 hours, reaching $5.13 after recovering from a low of $4.98. Key points include:
- Trading corridor established between $4.98 and $5.13.
- V-shaped recovery pattern following a decline from $5.07.
- Significant volume support at $4.98 of 372,179 units, above daily averages.
- Resistance previously at $5.11 was breached during the rally.
- Final price surge to $5.13 occurred on a volume spike of 272,186 units.
- Current momentum suggests potential further gains, with a technical target around $5.18.