Altai the Tiger
IGNITION
streamoors
Sword Inu
NEAR Protocol
Injective
Quantus
- ICX coin price is observing an upside correction on the daily chart which can push it beyond the $2. It has seen a gain of more than 4% in the past 24 hours.
- Technical indicators of Icon hints towards a bullish momentum in price. Meanwhile, the ICX/BTC pair is up by more than 1.17%
ICX crypto price is currently seeing an upside correction on the daily chart and can soon reach a new high in future. ICON price has seen a gain of more than 4% in the past 24 hours and is trading near the value of $1.52. Resistance of ICX price while going upwards can be seen near $2. In Contrast, while going down the support in price can be observed near $1. The asset price has to travel more than 87% of the current value to break its all time high. ICX/BTC pair is currently seeing a downside momentum and can soon revert to the uptrend. One can invest in ICX as per their needs and price adversity.
SMA-50 is acting as another temporary resistance in price. SMA-50 can intersect with SMA-100 positively and can push the price to a new high. One can wait for the price to give a positive crossover for the future.
ICON is ranked 87th in the CMC and has a market dominance of 0.1%. . ICX volume along with the market cap has observed an increase in the past few days .The current Volume to market capitalization ratio for the coin hints towards a bullish momentum in price. If the ratio of the coin goes above 0.8 then a strong upside momentum can be seen
Technical Indicators Of ICX Crypto Price Suggests A Bullish Momentum
The weekly technical chart of ICON hints towards a bullish momentum in price for the future. On the daily chart the asset price is looking to break for a new high. There is a formation of a bullish engulfing pattern in the daily chart. If the price breaks 15 to 20% above the current price then a strong upside momentum can be seen. ICX/BTC pair can also see a new high in the future
CONCLUSION
ICX coin price is currently in a consolidated mode but can soon revert to the bullish trend. ICX/BTC pair can also observe a new high in the future.An Investor should do their due diligence before investing.
Technical Levels
Resistance: $2
Support: $1
