ICP is showing what appears to be an attempt to break out of a Wyckoff channel, indicating the end of a lengthy accumulation process lasting approximately 97 days. It has touched the same support level at least 4 times, accumulating liquidity.
On the technical analysis side, all indicators are showing strong buying pressure and momentum. Additionally, there's a zig-zag ABCD pattern suggesting the price's intention to break out of the accumulation channel.
On the fundamental side:
DFINITY recently announced the integration of DALL-E and GPT-4 Vision Preview into dApps on ICP. Developers can seamlessly incorporate OpenAI’s advanced AI models, DALL-E and GPT-4 Vision Preview, into their dApps on the ICP blockchain through the Juno platform. This integration represents a significant advancement for dApp development.
On the technical analysis side, all indicators are showing strong buying pressure and momentum. Additionally, there's a zig-zag ABCD pattern suggesting the price's intention to break out of the accumulation channel.
On the fundamental side:
DFINITY recently announced the integration of DALL-E and GPT-4 Vision Preview into dApps on ICP. Developers can seamlessly incorporate OpenAI’s advanced AI models, DALL-E and GPT-4 Vision Preview, into their dApps on the ICP blockchain through the Juno platform. This integration represents a significant advancement for dApp development.