ICP broke the support at 4.33 dollars and started to decline.

Notable Drop in ICP Price

Internet Computer Protocol (ICP) is trading at $4.369, experiencing a 7% decrease during this process. This indicates that ICP has deepened its recent losses.

Break of Important Support Level

An increase in trading volume of 7.86 million confirmed the break of the $4.33 support level, exceeding the average by 224%. This situation suggests that the downtrend indicated by technical analysis may accelerate.

New Resistance and Support Levels

Currently, a new resistance is observed at the $4.69 level. Additionally, the lower support level to watch is determined to be $4.20.