- ICX coin price is currently observing a downside momentum but can soon revert to the bull trend. It has seen a gain of more than 2% in the past 24 hours.
- The asset price can soon see a major breakout to a new high in the future. In contrast, ICX/BTC is currently up by more than 0.8% in the intraday session.
ICX coin price is observing a strong consolidated momentum on the daily chart but can soon revert to the uptrend. ICON’s price has observed a gain of more than 2.86% and is trading near $2.1. The asset has a very high ROI which can see more growth in the future. The coin price has to travel more than 75% of its current value to breach its all-time high. The coin can soon observe a breakout to the upside momentum in price in the future. One can invest in ICX as per their needs and risk adversity
ICON’s market dominance along with the market cap is seeing a weak recovery but can soon revert to the uptrend. It is currently on a consolidated run but can soon see a new high. The volume of the coin is also observing a decline on the daily chart. The volume to market cap ratio of the asset price hints towards a bearish trend in the future. One can forecast strong growth in ICX in the upcoming days.
ICX Coin Price Bulls Are On Rest
ICON coin price is currently observing a bearish momentum in our weekly technical chart and can soon see a new high. On coming to the daily chart the coin price is seeing a bearish trend but can soon revert to the upside momentum. The hostile region of ICX while going upwards can be observed near $3.5. The support of the asset price can be found near $1.4. The price of the coin is currently above the 50 and 100 DMA and can soon see a positive crossover in the future. The 50 DMA price is near $1.85 and can act as a temporary hostile region for the price. The price might soon see a breakout above the consolidation zone in the future. ICX/BTC pair can also observe a new high in the upcoming days
Conclusion
ICON coin price is observing a bearish momentum but can soon revert to the uptrend. ICX/BTC pair can also observe a new high in the future
Technical Levels
Major Resistance: $3
Major Support: $1.5