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- ICON(ICX) is unable to maintain sustainability in the rise of prices and started falling as soon as it acquires the price level of $0.2160.
- The ICX/BTC level is also performing positively with the overall profit of 00003230 % bringing the level to 0.00003062.
- ICX is showing signs that are suffering many problems to maintain a gradual climb and bulls are out of play against the resistance level.
ICX bulls are unable to maintain their u-surge and got completely collapsed against the price level of $0.2160 After facing heavy variations in the prices, bulls were unable to maintain their further rise.
There is a strong resistance of 0.2160 which didn’t allow prices to make the further climb and also pushed them down. Since then prices are continuously struggling.
This fall of the cryptocurrency is a very bad indication, that ICX prices are venerable against further climb and keep on falling downwards.
Currently, the market capitalization is at $109,573,132 USD with the volume traded of $21,165,858 USD with the market circulating supply of 531,328,060 ICX.
ICON Price Analysis
The technical chart reflects that the prices are unable to maintain their climb as they started to diminish against the bears, bulls are also not giving up as there is some positive divergences in the chart.
The technical indicators and oscillators are showing increase selling volume of the ICON
The MACD level again adopted bullish momentum as there is an increase buying volume, representing that there is a decrease in selling trade of the cryptocurrency which is a positive indication.
RSI took a negative divergence from the top of the positive region and still, it is trading over the zone of 50.
The 24hr-CCI also took a negative divergence from the overselling region and entered the normal zone and maintaining its trade over there.
Resistance Level: $ 0.1920
Support Level: $0.1850
