Bullish Whispers In The Shadows 🖤
Despite the comeback ICP sits way below its all time high yet lots of traders think this marks the beginning of something huge. X user CW recently maintained that the coin keeps flashing accumulation vibes and a pattern from past pumps is repeating right now. The next phase after this accumulation will be an upward move they said. Shortly after the analyst suggested ICP hit a solid buy wall zone with a high chance of rebounding from these levels. Javon Marks and Nehal also weighed in on Internet Computer with way more bullish takes. The first claimed the altcoin shows consistent strength worth watching since the valuation broke out of a key falling wedge pattern. This pattern suggests an over 208% move back to the $10 areas and it could even run much higher the analyst noted. Nehal mentioned spending the last few weeks digging deep into the ICP code and it feels like alien technology. After all that research the X user predicted the price could explode to $60 roughly a 1,560% jump from here. ICPs recent exchange netflow backs up those optimistic calls as outflows have mostly beaten inflows lately meaning holders are moving coins off centralized platforms into self custody which cuts short term sell pressure.
Bears Creeping In The Fog 💀
Of course not everyone believes ICP will keep stacking gains soon. X user Crypto With Gopal suggested the asset forms a rising wedge pattern right now. Based on the setup the price pulls back after a strong run while sellers push on wedge support and momentum fades as bulls fight to hold the $3 mark. A breakdown below support could trigger further downside while reclaiming resistance may revive bullish momentum bears watching for confirmation he concluded. 🌑 🕸️ 🌙 🦇 🕯️ 🐈⬛ 🌹 🖤Just another echo from the void by iconofsin.eth 💖
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