ICP has experienced significant fluctuations recently. Will it be able to突破 the key level of $3.78?

2025-12-22 01:22:54

[Coin World] A technical executive from the Dfinity Foundation recently put forward an interesting perspective – AI-driven no-code development tools may become a new approach to safeguarding infrastructure security, potentially avoiding a recurrence of large-scale service interruptions like those experienced with AWS.

The topic shifts to the performance of ICP, which has been quite volatile recently. It rebounded by 22.6% from last Friday's low, seemingly set to recover, but was pulled back down by 8.46%, essentially erasing the entire increase for November—from a high of $2.79 to a peak of $9.85.

From a technical chart perspective, the situation is a bit tricky. A bearish structure is presented on the higher time frame, and to reverse the situation, it must break through the key level of $3.78. If this level cannot be defended, traders on the lower time frame will be closely watching the support around $2.9—will this level become a new defense line? Further observation is needed.

ICP-0,22%

View Original

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.

7 Likes