ICP approaches $ 5 as the adoption of CKBTC and the volume drive the bullish impulse


Internet computer (ICP) He advanced 2.98% in the last 24 hours to operate at $ 4,9487, breaking the critical resistance of $ 4.90 and forming a basis for up to the rise towards the key level of $ 5.00 psychological.

The rally reflects not only a strong technical impulse but also a growing traction in the protocol ecosystem, particularly in defi integrated in Bitcoin.

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The total supply of CKBTC (Bitcoin of chain key) In ICP it has increased from 254 to 349 tokens from June 9, an increase of 37% in less than a month, a position was highlighted in X. This marks an increase in Bitcoin tickets in the defi infrastructure of ICP, which it offers ensures rapid interoperability.

On the side of the price share, ICP quoted within a range of $ 0.21 between $ 4.73 and $ 4.93, with a clear ascending bias. The impulse intensified with the bursts of volume and the structure of low elders. The increase of $ 4.90 to $ 4.93 during window 10: 41–11: 40 UTC was driven by the accumulation of institutional style, reaching a maximum of 59,999 units at 11:29 UTC, well above the daily average.

ICP had supported $ 4.73, and a new $ 4.90 test at 10:52 UTC confirmed it as a new support floor. With the structural force instead, the growing use of the ecosystem and the demand for defense of CKBTC, ICP seems to be well positioned to challenge the next upward milestone.

TECHNICAL ANALYSIS

  • ICP earned 3% more than 24 hours, quoting between $ 4.73 and $ 4.93.
  • The support remained firm at $ 4.73, forming the basis for the rally.
  • The rupture above $ 4.90 was confirmed at 10:59 UTC with a strong tracking.
  • Volume increases at 11:23 (33,830 units)11:28 (27,673 units)and 11:29 (59,999 units) Indicate accumulation.
  • A setback at $ 4.90 at 10:52 UTC was successfully defended before the top cool.
  • The use of the ecosystem grows as the CKBTC supply in ICP increases 37% from June 9, by X.

Discharge of responsibility: Parts of this article were generated with the assistance of artificial intelligence tools and reviewed by our editorial team to guarantee the precision and compliance with Our standards. For more information, see Coindesk’s complete policy.



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