ICP Price Drops 3.2% to $2.99 After Rejection From $3.15 Resistance
CoinDesk
Internet Computer (ICP) fell 3.2% to $2.9891 after failing to break past the $3.15 resistance level.Summary
Internet Computer (ICP) retreated below $3.00, dropping 3.2% to $2.9891 following a strong rejection from the $3.15 resistance level during a volatile 24-hour period. Selling momentum spiked around 18:00 GMT on October 29th, coinciding with the failure to breach $3.15, which reinforced it as a significant technical barrier. Following this rejection, ICP broke below the $3.04 support level. Current price action shows consolidation between $2.97 support and $3.04–$3.05 resistance, indicating that ICP is range-bound between $2.97 and $3.15 with lingering bearish momentum suggested by lower highs and lower lows.
(Source：CoinDesk)