🔥 ICP: Will It Finally Break Out Of The 1-Year Bear Trend?

5 ธ.ค. 2022

Over the course of the last year, ICP has simply been selling off. No fake outs, no sideways, just going down only.

In my last ICP analysis I was looking at the same bearish trend line. Back then we were in a similar position as now, close to (finally) breaking out, but not there yet.

Next couple of days are going to be important for ICP's longer-term trend. If we can't break out, expect further selling for the next 1-2 months. If ICP will break out, it could just be a minor bullish move or it can be the start of something greater.

For now, I keep my targets close at $6 and $8.5 respectively.