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thedutchgopher

Will $5 be a strong support zone for ICP

Internet Computer / Tether (COINBASE:ICPUSDT)  
thedutchgopher Atualizado   
COINBASE:ICPUSDT   Internet Computer / Tether
Trend Analysis Chart Patterns ICP Bearish Patterns
5
3
trendanalysis chartpattern icp bearish
Looking at the RSI, MACD and volume there aren`t any signs of a reversal in price. There is just no momentum, no will to buy for a long term at these prices, oscillators making lower highs and following price. On the mid-long term I think this is going to drop to $5. Even in those price levels there will be a high risk in buying into the altcoin market, are these companies really going to solve the problems of a monopolized internet by US tech giants, or are they just creating new problems with other owners, i don`t know, but i do know that we aren`t going to find out in a long, long time.
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Looks like the falling wedge was the correct trend after all and ICP is still trading inside
snapshot
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Comentário:
Comment: $5 Hit and gives some temp support as predicted in my initial idea, with the information we have now, no i don`t think $5 is going to hold.
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