Internet Computer ($ICP) Halts Recent Price Dip With 30% Pump

Emmanuel Musa -

Internet Computer’s ($ICP) upward trend experienced a bearish pullback in the first week of 2024 to dampen the bullish momentum. After a significant breakout about the $11.4 resistance level, $ICP retraced to the $11 price level within five days.

However, bulls displayed their strength at the new support level of $11.4 with a strong 30% price jump over the past 24 hours. This curtailed the bearish retracement and could see $ICP hit the $16 - $18 price zone in the coming days.