Internet Computer (ICP) After early sales pressure, a reliable recovery was achieved on Tuesday, climbing 1%.
The rebound of intraday lows demonstrates the structural strength of the assets and the growing number of buyer convictions at key technical levels.
After slipping in early morning in Europe, ICP Support was found near the $4.72 marktrading activities intensify, and buyers actively intervene. According to technical analysis data from Coindesk Research, this level is now a high-trust support zone, marking a potential basis for further uptrends.
Prices stabilize above this threshold and gradually climb to previous highs, indicating that there is accumulating and strengthening bullish sentiment.
The trend of volume around reversal was significantly higher, indicating strong responses when institutions were involved and supported. The strength of the rebound and sustained recovery shows that ICP remains a solid foundation in technology even in a wider market volatility.
With bullish continuation patterns emerging, without immediate elevated resistance to re-determine itself, ICP may be expected to challenge the recent highs. Both traders and long-term holders can reduce the elasticity to $4.72 as a basis for a higher next move.
Technical analysis highlight
- ICP rebounds by 1% per day.
- After high volume accumulation, the $4.72 level appears as a well-defined support area.
- Higher buying activity shows that traders have strong beliefs during the recovery process.
- Short-term resistance levels were tested and overcome without significant drawdowns.
- In the coming days, the market structure will remain favorable for potential bullish continuation.
Disclaimer: Part of this article was generated with the assistance of AI tools and reviewed by our editorial team to ensure accuracy and compliance Our standards. For more information, see Coindesk’s complete AI policy.
