Despite the red market, Internet Computer (ICP) and Algotech have shown great resilience. ICP's price faces the risk of dropping below a key support level even amidst bullish sentiment. Amidst the bearish market, DTX Exchange's presale has surpassed Polygon and ICP, promising 25x gains. The founder of Internet Computer ($ICP) criticizes 95% of blockchains. Meanwhile, BlockDAG has outperformed ICP and XRP with a market cap nearing $63 million following an endorsement by UFC Champ Alex Pereira. The DFINITY Foundation has unveiled an updated Internet Computer roadmap within a market context of ICP's price dropping by 10%. The entrance of Copper to support Internet Computer's ICRC and SNS Tokens, a noteworthy development, seeks to strengthen ICP. However, the market is witnessing intensified competition with MoonBag's meme coin pre-sale challenging ICP as well. As for ICP's next move, it is predicted to witness a 12% surge as the company unveils its roadmap for decentralized AI and chain interoperability. ICP's recent 200% surge and future trajectory are being closely monitored by the market as the price increased by 6% in less than 24 hours. The ICP community's 'BEYOND THE BLOCKCHAIN’ event celebrates the ICP 3rd anniversary as ICP is projecting steady growth as Solana (SOL) accelerates. ICP's recovery is likely to stall under $10 as critical resistance looms. However, a positive correlation with Bitcoin could boost its gains. Despite a slow rebound from a six months low, if ICP loses its current support could fall below $10. The introduction of verified credentials for privacy-centric Web3 from Internet Computer (ICP) as the price records 36% gains present a market dilemma of buy, sell or HODL. This decision moreover accompanies the ICP's price consolidation which is emerging as the calm before the price continuation. Its growth, evident from its recent rally, might face resistance if it fails to cross the $17.861 hurdle.
Internet Computer ICP News Analytics from Fri, 16 Feb 2024 08:00:00 GMT to Sat, 03 Aug 2024 15:00:32 GMT - Rating 5 - Innovation 7 - Information 8 - Rumor 3
