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ICP Extends Decline, Testing New Lows Near $3.48
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ICP fell 5% to $3.4945 over 24 hours as initial gains reversed into a downtrend. The intraday high reached $3.7605 but the price could not hold this level and broke below a multiday consolidation range.
The 24-hour trading range was $0.28 with intraday volatility around 8%. Volume totaled 2.6 million ICP, with the most active period during a sharp sell-off after 00:00 UTC. Following this sell-off, the price moved back toward $3.55, erasing a prior rebound and resuming a broader downward trend.
It stabilized between $3.50 and $3.55 before a late-session drop to a low of $3.4782. Key support sits at $3.45–$3.50; a break below this range could lead to retesting deeper November levels. Conversely, a move above $3.55 may indicate momentum repair.
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* This article has been summarised using Artificial Intelligence and may contain inaccuracies. Please fact-check details with the sources provided.