The pair Internet Computer/Tether (ICP/USDT) goes from the descending trendline down.
A continuation of the bearish trend down to the next support level at 2.354 will continue.
Caution: A possible trend reversal in the direction of the resistance level at 2.534 could happen.
Consider stop-loss settings accordingly.
Next a ‘Support Level’ indicator layout is detected. The indicator is ‘Support Level’. which could be a negative chart scenario. The currency pair is likely to fall.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 2.559 |
| 2nd High | 2.557 |
| Next High | 2.534 |
| Current Price | 2.385000000 |
| Next Low | 2.354 |
| 2nd Low | 2.34 |
| 3rd Low | 2.274 |
2.534 – 2.531 – 2.525 – 2.394 – 2.397 – 2.496 —
2.418000000 – 2.395000000 —
38.350776253371 – 33.83129924841 —
– —
2.534 – 1774107000