The native internet token (ICP) has lost 2.4% in the last 24 hours, from $ 5.21 to $ 5.08, even if it has shown an intra-share force.
After reaching a hollow of $ 4.97, the token rebounded up to 3.2% to a local summit of $ 5.13 before consolidating around $ 5.06 at $ 5.08, according to the CoindSk Research technical analysis data model. The 3.52% swing of the session highlighted the down pressure and the renewal of the interests of buyers close to the main levels of support.
The strongest recovery occurred during the UTC 05:00 Window, when the volume increased to 524,622 tokens, 56% above the average of 24 hours of 337,329. This business influx marked a turning point while the bulls spent between $ 4.97 and $ 5.00, the bear repelled the resistance group from $ 5.09 to $ 5.13.
DIP increased from $ 5.02 to $ 5.06, winning 0.80% on an increase in volume, in the American morning, with a climb greater than $ 5.04 suggesting continuous dynamics.
Technical analysis
- Net 24 -hour movement: -2.4% from $ 5.21 to $ 5.08
- Intra -day recovery: + 3.2% from $ 4.97 to $ 5.13
- Key support: $ 4.97 – $ 5.00 SAW repeated purchase
- Resistance zone: $ 5.09 – $ 5.13 attempts as a capped rally
- Surge volume: 524,622 units at 05:00 UTC, 56% higher than the average
- Escape: resistance from $ 5.03 to $ 5.04
- New floor: $ 5.04 Forms as last level of support
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