• Do you think ICP can break above resistance soon?
🚀 : $ICP jumped about +9% with volume up ~93% as new tokenomics plans—where 80% of “cloud engine” revenue goes to node providers and 20% to burning ICP—boosted short-term sentiment and demand. It’s currently trading around $2–$3 mid-range amid a broader market rebound.
• 📉 Market Structure: Despite the bounce, ICP remains below key moving averages, signaling resistance overhead. Sustained bullishness may need a breakout above major technical levels.
• 🛠 Ecosystem & Development: ICP continues focusing on decentralized computing and AI tools, with infrastructure upgrades and real-world rollout (e.g., national subnet launches) keeping long-term interest alive even if price action is choppy.
