Internet
Lowered by 4.85% to $ 5.9149 on Tuesday, displaying a minimum of $ 5.81 after culminated at $ 6.25 the day before.
Despite the headlines – a new partnership between the Internet Dfinity Foundation computers and the Maestro indexing company – the token has succumbed to a wide rotation of the market from altcoins, including assets linked to AI and Deviation.
Read more: Solana defies the fall in the market, affects $ 200 as altcoins retirement: Crypto Daybook America
MAESTRO’s infrastructure, funded by Dfinity, aims to create a Bitcoin metaprotocol index on the Internet computer, allowing institutional access to ordinals and runes, two of the most important primitives in the Bitcoin DEFI ecosystem.
However, technical action reflected more pessimistic short -term perspectives. After opening $ 6,2230, ICP regularly decreased, exceeding $ 6.00 around 01:00 UTC and accelerating losses to a support of $ 5.83. The volume increased above 1.3 million tokens during this segment, signaling high sales pressure, according to the Technical Analysis Data model of Coindesk.
ICP dropped 2% from $ 5.97 to $ 5.87 in the American morning, with visible concentrated sales pressure because the price has pierced several support areas. Despite a brief rebound attempt nearly $ 6.02, the token failed to recover the optimistic sole, which suggests that short -term momentum remains with the Bears, unless the resistance of $ 6.00 is recovered convincingly, the data said.
Strengths of technical analysis
- Price range: $ 5.8105 – $ 6,2488, representing 7.3% intraday spread.
- Volume: 1.94 million tokens exchanged; The highest during the failure of less than $ 5.90.
- Resistance: Strong rejection of $ 6.00 to $ 6.02 without sustained break.
- Support: Critical base formed from $ 5.83 to $ 5.87 in the middle of intense purchase interest.
- From 1:09 p.m. to 2:08 p.m. UTC, ICP dropped by 2%, driven by sharp volume tips exceeding 50k tokens / minute.
- Volatility: a one -day spread of 0.4383 reflects increased intraday instability.
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