Internet Computer

Resistance

Coin

<ul class="news-points"> 
 <li>ICP increased by 29.10%, decoupling from the broader market trend.</li> 
 <li>ICP formed a bullish pennant, triggering a break through the $10.15 resistance.</li> 
 <li>The cryptocurrency may hit $14 if it maintains the current momentum.</li> 
</ul> 
At a time when most cryptocurrencies were either consolidating or experiencing major declines, <a href="https://coinedition.com/coinmarketcaps-top-gainer-list-icp-leads-the-race-with-72-surge/">Internet Computer (ICP)</a> defied the trend. According to <a href="https://coinmarketcap.com/currencies/internet-computer/" target="_blank" rel="nofollow">CoinMarketCap</a>, the ICP price increased by 29.10% in the last 24 hours. 
This increase implied that the cryptocurrency whose value has hit almost 3x in the last 90 days could be the best-performing asset in the last days of 2023.&nbsp; 
However, the surge might not be a surprise to ZAYK Charts, an analyst on X. On December 30, ZAYK posted that ICP had formed a bullish pennant on the 4-hour chart. 
<h2 class="wp-block-heading" id="h-icp-flips-the-10-15-resistance">ICP Flips the $10.15 Resistance</h2> 
A bullish pennant pattern occurs when an asset consolidates between converging support and resistance lines before making a strong upward move. After identifying the pattern, the analyst concluded that <a href="https://twitter.com/ZAYKCharts/status/1741319425880629604" target="_blank" rel="nofollow">ICP could make a 20% to 30%</a> increase. 
At press time, ICP’s price was $12.95. From Coin Edition’s observation of the 4-hour ICP/USD chart, bulls had defended the $9.14 su…
The post <a href="https://coinedition.com/icp-closes-the-year-with-a-30-jump-price-targets-14/">ICP Closes the Year with a 30% Jump: Price Targets $14</a> appeared first on <a href="https://coinedition.com">Coin Edition</a>.

ICP Closes the Year with a 30% Jump: Price Targets $14

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