$ICP ICP has been especially volatile lately mainly due to two factors: sharp swings in overall crypto market sentiment and project-specific news hype.
Here's what's driving the action:
- Recent volatility began with a 22% rally after news that the Canton Network secured key partnerships and AI tool-related news sparked market excitement. But as the market mood soured, ICP quickly slipped by over 8%
- Technical analysis shows that after the big run, momentum indicators (like RSI) were overbought, inviting profit-taking and a rapid reversal
- Across the crypto market, fear has surged (Crypt
Here's what's driving the action:
- Recent volatility began with a 22% rally after news that the Canton Network secured key partnerships and AI tool-related news sparked market excitement. But as the market mood soured, ICP quickly slipped by over 8%
- Technical analysis shows that after the big run, momentum indicators (like RSI) were overbought, inviting profit-taking and a rapid reversal
- Across the crypto market, fear has surged (Crypt
ICP2.54%
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MC:$3.54KHolders:1
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