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- ICON(ICX) is unable to maintain sustainability at the prices and started falling continuously against the resistance level of $0.260.
- The ICX/BTC level is also performing negatively with the overall loss of -1.85% bringing the level to 0.00003579.
ICX bulls are unable to maintain their u-surge and slowly diminishing against the price level of $0.260 After facing heavy variations in the prices, bulls were unable to maintain their further rise and started falling towards the support level.
There is a strong resistance of 0.260 which is not allowing prices to make a static and further climb, and also applying serious pressure to them as they are unable to resist it and continue falling towards the support level
This fall of the cryptocurrency is a very bad indication, that ICX prices are venerable against further climb and they developed a tendency to keep on falling on and on below the major region of $0.280
Currently, the market capitalization is at $131,713,863 USD with the volume traded of $32,655,863 USD with the market circulating supply of 531,884,520 ICX.
The technical chart reflects that after maintaining a slight gradual climb they again started to diminish against the bears, bulls are also not giving up as there is some positive trading in the chart and bulls can commit a comeback.
The technical indicators and oscillators are showing an increase in selling volume of the ICON as traders are concerned due to the negative nature of altcoin.
The MACD level again adopted the bullish momentum and selling volume is fading away, representing that there is an increase in buying trade of the cryptocurrency.
RSI took a positive divergence towards the crucial level of 50 and started trading in the bullish zone.
The 24hr-CCI enjoyed the over buying region but then took a negative divergence and currently it is falling towards the normal zone.
Resistance Level: $ 0.260
Support Level: $0.200
