ICP falls 2.4% despite the upward reversal of the levels of less than $ 5



The native token (ICP) of the Internet Computer threw 2.4% in the last 24 hours, withdrawing from $ 5.21 to $ 5.08, even when it showed intra -dia force.

After reaching a minimum of $ 4.97, the Token recovered up to 3.2% to reach a local maximum of $ 5.13 before consolidating around $ 5.06– $ 5.08, according to the Coindesk Research technical analysis data model. The Swing of 3.52% of the session highlighted both the bearish pressure and the renewed interest of buyers near the key support levels.

The strongest recovery occurred during the UTC 05:00 window, when the volume increased to 524,622 tokens, 56% above the 24 -hour average of 337,329. This influx of activity marked a turning point when Bulls intervened between $ 4.97 and $ 5.00, with Bears going back in the $ 5.09- $ 5.13 resistance group.

ICP advanced from $ 5.02 to $ 5.06, winning 0.80% in a higher volume, during the morning of the United States, with a rise above $ 5.04 that suggests a continuous impulse.

Technical analysis

  • 24 -hour net movement: -2.4% of $ 5.21 to $ 5.08
  • Intradía recovery: +3.2% of $ 4.97 to $ 5.13
  • Key Support: $ 4.97– $ 5.00 Repeated Purchase Sierra
  • Resistance Zone: $ 5.09– $ 5.13 Rally attempts
  • Volume arises: 524,622 units at 05:00 UTC, 56% above average
  • Breakout: It cleared $ 5.03– $ 5.04 resistance
  • New Floor: $ 5.04 forms as a last support level

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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