Internet Computer (ICP) price faced a challenging week, which ended in a breakeven scenario. The price seemed to be struggling to find a clear direction and was consolidated near the demand zone for the whole week. Despite a positive start to the week, ICP failed to capitalize on the gains and was consolidated.
Earlier, Internet Computer price noted a strong downturn amid the broader market’s weakness. However, a recovery was noted in the market leaders after a crash in which ICP lagged and was consolidated near the support.
After a mixed to bearish performance in the first half of August, investors are likely considering whether to hold ICP. Let’s analyze from a price perspective and try to get a clear picture of where ICP is headed next, bullish or bearish.
Weighted Sentiment Curve Indicates A Potential Recovery
After a bearish stint last week, ICP managed to stay above the support this week indicating a stability in the price. Also, the weighted sentiment curve se
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