ICP is displaying bullish momentum with a confirmed ABC pattern suggesting a potential reversal at targets of $12, $31, and $54.
Despite short-term dips, the weekly gains of ICP indicate growing investor interest in the asset.
ICP is currently trading at $5.28 with a market cap of $2.81B, and recent price movements indicate a potential major upward rally.
Analysts predict a bullish breakout for ICP as it tests the upper boundary of a widening wedge pattern, with targets of $6.45, $7.50, $8.66, $10.00, and $12.50 if it breaks above wedge resistance.