Internet Computer just broke out of its descending triangle – And whales noticed

Share

Internet Computer (ICP) surged by more than 14% in 24 hours, reaching a trading price of $3.46 after breaking out of a descending triangle pattern that had constrained its price for weeks. Whale activity increased significantly across both Spot and Futures markets, with long positions accounting for 65% of total open market exposure. Traders are now eyeing the $4.097 resistance level as the next target, located above the token’s key exponential moving averages. The network was processing around 5,199 transactions per second with a Finalization Rate of 152 blocks per second at press time.

Source: Read the original article

Disclaimer: this content is for information purposes only and is not financial advice. Cryptocurrencies are highly volatile: you may lose all of your capital. Always do your own research. Legal notice
Telemac
Telemachttp://cryptoinfo.ch
Passionné de nouvelles technologies, j’explore l’univers de la blockchain et des cryptomonnaies pour partager l’actualité et les innovations du secteur.

Read More

Items