INTERNET COMPUTER PRICE ANALYSIS & PREDICTION (June 9) – ICP Breaks Out Key Resistance Line Amid Fresh Surge, Signals Bullish

Description

After correcting lower for almost a month, ICP found support two days ago and initiated a fresh buy. It currently broke out of a key resistance line and now appears poised for a bullish move on the daily chart. Unlike many other mid-cap altcoins, ICP saw less recovery during the last leg up due to low demand. It subjected the bearish trend to sideways movement and remained relatively indecisive on the weekly chart. The sideways movement came with a correction after managing to tap $6.2 last mont...