Internet computer protocol (ICP) Saw a Pabagu -change of 24 hours, Climbing from $ 5.84 to a session high of $ 6.08 Before giving up on the sale of pressure.
The 5% swing opens within a $ 0.28 trading corridor, which reflects both strong interest in buying and rapid income revenue, according to the CoinDesk Research’s technical research data model.
The early momentum brought the ICP through multiple resistance points, with rally peaking at $ 6.08 around 3pm on August 14. The elevated volume in highly confirmed institutional sales activities, established a clear resistance zone between $ 6.06 and $ 6.08. On the downside, the support built on the $ 5.87- $ 5.90 range, where consumers continue to step to absorb the supply.
The volatility of the ICP subsequently compressed sharply. The token was exchanged with a narrow $ 0.04 band between $ 5.88 and $ 5.92 from 09:25 to 10:24 UTC, indicating a integration -including the stage as entrepreneurs re -evaluated.
The sentiment on the market has been Shaken by a high -profile security incident with Bitcoin -based platform Odin.funthat trading was suspended after losing 58.2 BTC in a suspected exploitation. The breach, which triggers a 40% collapse in the amount of Odindog, Internet computer security frameworkEspecially its “sign-in Bitcoin” authentication system.
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