1
Internet Computer crypto broke below the 50-Day EMA, suggesting weakness over the charts.
2
ICP crypto was at $9.79, recording an intraday loss of 6.32% (press time).
Internet Computer crypto price lost ground near the 50-Day EMA and declined sharply after the breakdown. The crypto has entered a bearish territory and might show more drops in the upcoming sessions.
Moreover, the ICP crypto started the week extending the previous week’s weakness. The price dropped nearly 6% on Monday however closed above the 50-Day EMA.
On the very next day, the bulls attempted to defend the price above the 50-Day EAM and registered swift gains in the morning sessions. However, it could not hold till the Afternoon due to heavy short positions on the upper side and dropped lower.
At the time of writing, the Internet Computer cryptocurrency was at $9.79 with an intraday loss of 6.32%. Also, it has a market capitalization of nearly $4.460 Billion after the intraday loss
We współpracy z: https://www.thecoinrepublic.com/2024/01/23/internet-computer-price-slumps-below-50-day-ema-can-icp-reverse/
