He came to the fore with his recently shared analysis. altcoin Sherpa, Web3 project Internet Computer that the price maintains its upward potential believes.
According to Sherpa, the ICP token is in a very interesting position. According to his analysis, the token is currently located in the bullish demand zone, as well as the four-hour 200 Days EMA, which it has not tested in a while. The analyst suggested that he would open a “long position” considering these two details.
According to altcoin Sherpa’s chart, it is critical that Internet Computer’s native token ICP holds the 200-day EMA as “support” around the key $11.25 level. If the token achieves this, it can create significant room for rise.
ICP is trading at $11.14, up more than 270% since its close of $2.99 on October 19.
As we reported as Koinfinans.com, Altcoin Sherpa recently commented on the Chainlink price, suggesting that the asset will remain in a consolidation phase but will rise later.
