ICP Rebounds Above $2.92 to Reverse Some Mid-Week Losses
CoinDesk
ICP climbed 1.04% to $2.94, reversing some weekly losses as trading activity strengthened above key support levels.Summary
The Internet Computer Protocol (ICP) token staged a recovery, climbing 1.04% to $2.94 and reversing a portion of its earlier mid-week declines. Trading activity increased by 20% above its seven-day average, with ICP regaining footing above the $2.92 resistance level, signaling traders were buying the dip. The rebound aligns with improving sentiment across major layer-1 networks, bolstered by ICP's continued leadership in transaction throughput. Technically, support is now established between $2.89 and $2.92; holding this range could allow for a test of the $2.98–$3.00 zone, with a close above $3.00 signaling a full reversal of the week's losses.
(Source：CoinDesk)