ICX price is up by 8.60% on Tuesday’s trading session. The price is testing the SMA of $1.74 Investors may expect the price to progress towards the support level of $1.44. Whereas, all technical indicators recommend a buy signal in the coin.
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ICON performed a positive momentum on Thursday’s trading session
The bullish momentum can be the product of speculation of an upcoming ICX Airdrop
ICX price is $1.43, which is up by 51.38% in the last 24-hour time-frame and 82.00% up from the previous week
ICX/BTC pair is positive with a gain of 16.58% in Thursday’s trading session (0.00003195)
Icon (ICX) crypto price is in an uptrend with a pullback from its healthy support level of $0.5583. If It breaches above the resistance level and sustains above $0.6300 and 50 days, EMA is also being broken. One can further expect a bullish trend till the price of $0.6866.
50 EMA: $0.6093
. There is a possibility of temporary retracement to suggested support line (0.5885). if so, traders can set orders based on Price Action and expect to reach short-term targets.
. ICXUSD is in a range bound and the beginning of uptrend is expected.
.The price is above the 21-Day WEMA which acts as a dynamic support.
ICX / USD Short-term price analysis
ICON has a bullish outlook over the short-term, with the ICX / USD pair attempting to move back towards its current 2019 trading high.
The four-hour time frame shows that a head and shoulders pattern has started to take shape, with bulls now trying to invalidate the bearish pattern.
Technical indicators on the four-hour time...