The price structure of ICON has been engaged in a fierce battle, with bulls initially dominating the price and holding the upper hand, as the price jumped from $0.1500 to $0.4000. Nevertheless, bears disrupted the market on March 14th, 2024, leading to a loss of momentum for the bulls. Therefore, bears dominated and set new lower lows and highs on the daily chart,...
ICX crypto price got support from the 50 day EMA and jumped higher in Intraday today.
The Icon crypto price currently trades at 0.317 USD reporting a positive development of 2.35%.
The ICX crypto got the buyers back on Wednesday near the 50 day exponential moving average and snapped off a three day losing streak. The bulls made a comeback at the lower levels as...
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.
Resistance: $1.84
Support: $1.44
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Icon 2.0 is due for release soon. The amount of patnerships this company has is amazing. You have a couple defi projects...
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.
Resistance: $0.6300
Support: $0.5583
50 EMA: $0.6093
Trading suggestion:
. 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.
Technical analysis:
. 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...
