Rally

bullish

Internet Computer

Divergence

Coin

<ul class="wp-block-list news-points">
 <li>ICP has surged a whopping 11.81% in the past 24 hours and is trading at $8.67.</li>
 <li>The ICP price action has confirmed a Hidden Bullish Divergence with the RSI.</li>
 <li>Analyst Javon Marks predicted a 750% surge in the long term for ICP.</li>
</ul>
ICP, the native token of the Internet Computer blockchain, has turned bullish in the past 24 hours and skyrocketed 11.81%, currently trading at $8.67 as the fundamentals of the altcoin’s price trajectory have turned optimistic.
Crypto analyst Javon Marks pointed to a Hidden Bullish Divergence on the <a href="https://x.com/JavonTM1/status/1819223860945784981" target="_blank" rel="noopener noreferrer nofollow">ICP price chart</a>, suggesting a potential reversal in the cryptocurrency’s trajectory. This pattern, where prices make lower lows while the Relative Strength Index (RSI) makes higher lows, often indicates increasing buying pressure. This hints at a recovery and continuation back to and above the post-breakout highs” standing at $20.96.&nbsp;
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A Hidden Bullish Divergence with the RSI means that the price action is forming lower lows but the Relative Strength Index (RSI) is forming higher lows, suggesting an increase in the buying pressure for the digital asset.&nbsp;
Marks believes ICP could see a 129% surge, with a more ambitious target of $79.5…
The post <a href="https://coinedition.com/icp-price-surges-11-analyst-predicts-potential-750-rally/" rel="noopener noreferrer nofollow">ICP Price Surges 11%, Analyst Predicts Potential 750% Rally</a> appeared first on <a href="https://coinedition.com" rel="noopener noreferrer nofollow">Coin Edition</a>.

ICP Price Surges 11%, Analyst Predicts Potential 750% Rally

Coin Edition

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