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Internet Computer eyes 50% move as ICP enters ‘falling wedge’ breakout territory -Breaking

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Internet Computer Prices (ICPAfter hitting a record low at $14.50 on February 24,, the direction of ) was reversed and it has since rebounded more than 30%. The 35th-largest market capitalization digital asset appears to have more potential for growth in the weeks ahead.

ICP’s daily chart displays a fall wedge pattern — a setup consisting of two descending, converging trendlines connecting lower highs and lower lows. This intersecting pattern indicates that there is weakening bearish sentiment. Accordingly, bullish analysts are anticipating a break out from a wedge.

A daily price chart showing a falling wedge’ arrangement. TradingView
ICP/USD price chart daily. Source: TradingView