$ICP The price may currently be forming a wave B, similar to Bitcoin, within a larger fifth downward wave. At this time, there is no confirmation that a broader bottom has yet formed. The first micro-resistance zone lies between $2.99 and $3.64. Based on the current structure, a test of this zone appears likely. If the price forms another high within this range and the subsequent pullback develops into a three-part corrective move that creates a higher low, the orange scenario remains intact, opening the possibility for the formation of a larger wave B.
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