ICP Surges 34% to $7.02, Breaking Key Resistance Level
- ICP rose by 33.99%, reaching $7.02 on Thursday.
- The token’s price increased from $5.26 to a high of $7.20.
- Trading volume hit 19.57 million tokens, about three times the average.
- During peak trading hours (14:00–17:30 GMT), prices surged from $6.40 to $7.18.
- The breakout above $7 marks a new support zone for ICP.
The significant rally of ICP amidst broader market volatility highlights its strong performance, with the recent price action transforming previous resistance into support.
With ICP’s price now established above $7, it may continue toward the $7.25–$7.40 range if the support holds firm following this breakout.(Source)
