$ICP experienced a pullback after a strong rally, losing some momentum following a 30% weekly surge, which is typical profit-taking behavior after sharp moves.
MEXC
Technical support levels around $3.40–$3.48 and resistance near $4.60–$4.80 are key to watch. A break below support could lead to deeper correction; holding it would stabilize the market.
CoinMarketCap
Market indicators like the MACD and RSI show mixed signals—momentum has softened and short-term volatility remains elevated.
@icp Bullish influences
Tokenomics improvements like the Mission 70 proposal to reduce inflation are boosting confidence and perceived scarcity.
CoinMarketCap
Protocol upgrades and ecosystem tools (AI platform Caffeine, Chain Fusion) remain structural drivers for interest and adoption.
AInvest
Institutional engagement and partnerships reported as growing, though speculative volume also plays a significant part in price moves. #icp
