ICP Token Declines 2.4% After Brief Recovery Above $5
Internet Computer's native token (ICP) experienced a decline of 2.4%, dropping from $5.21 to $5.08 over the past 24 hours. The token showed intraday volatility, hitting a low of $4.97 before rebounding by 3.2% to reach a high of $5.13, later consolidating around $5.06–$5.08.
Key points include:
- Net 24-Hour Movement: -2.4% from $5.21 to $5.08
- Intraday Recovery: +3.2% from $4.97 to $5.13
- Key Support: $4.97–$5.00 saw repeated buying activity
- Resistance Zone: $5.09–$5.13 limited upward movement
- Volume Surge: 524,622 tokens traded at 05:00 UTC, 56% above average
- Breakout: Cleared resistance at $5.03–$5.04
- New Floor: $5.04 established as latest support level