Home
News
- ICX Price is currently on its way for the completion of the second corrective wave. A pump in the price can be seen after the correction.
- ICON is trailing at the value of $1.82 with an intraday gain of 4.76%.Meanwhile the ICX/BTC pair has seen a gain of 9.06%
ICX price is currently at a value of $1.82 with a gain of 4.9%.ICX price on going upwards will see resistance at the value of $2.2 and on the downside, it will support at the value of $1.55.It is forming an Elliott corrective wave pattern on the daily chart. On the completion of the second-wave, the price would see a pump and will reach the new highs. It can also form a downward corrective wave if it breaks down below the support of $1.5.
ICON is currently at 64th rank with a market capitalization of $1,075,865,308. ICX volume traded in the last 24-hour has seen a gain of 204.32% in the intraday session.
Technical Levels Suggests An Uptrend For ICX
ICX price is currently seeing a bearish momentum with the support at the value of $1.5.According to the Fibonacci retracement, the price is currently in between fib1.89 and fib 1.75. It has formed a bearish pattern which showcases that price may see a downtrend furthermore.
SMA-50 & 100 acts as another strong support in the coin. SMA-50 (yellow) intersects SMA-100 (white), which is the beginning of a positive trend. Investors can observe the price is sustaining above both the SMA’s on Today’s trading session.
RSI(Bearish): It is currently trailing at the value of 52.62 showcasing its presence in the overbought zone. There is a negative slope formation in the RSI which highlights that the price may see a reversal before retracing back to the higher levels. The overall sentiment of RSI is negative
ICON Is Preparing For Next Bull Run
ICX price is at $1.82 with a gain of4.8% in the last 24-hour time-frame. ICON maintains a healthy gain of 31.47% on the weekly time-frame. In contrast, the market capitalization went up by 6%. ICON still maintains its bullish regime with a modest price correction in Friday’s trading session.
Resistance: $2.2
Support: $1.55
Adarsh Singh is a true connoisseur of Defi and Blockchain technologies, who left his job at a “Big 4” multinational finance firm to pursue crypto and NFT trading full-time. He has a strong background in finance, with MBA from a prestigious B-school. He delves deep into these innovative fields, unraveling their intricacies. Uncovering hidden gems, be it coins, tokens or NFTs, is his expertise. NFTs drive deep interest for him, and his creative analysis of NFTs opens up engaging narratives. He strives to bring decentralized digital assets accessible to the masses.
