Bearish
ICP Price Drops After Failed $5.17 Breakout - Market Returns to Consolidation Phase
19.11.2025 19:48
The ICP cryptocurrency has experienced a price decline following an unsuccessful attempt to break through the $5.17 resistance level. This failed breakout has caused the market to revert back to consolidation patterns, indicating continued uncertainty among traders. Technical analysis shows ICP struggling to maintain momentum as buying pressure diminishes near key resistance zones. Market participants are now watching for the next significant price movement that could determine ICP's short-term trajectory in the evolving crypto landscape.