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As the market re-evaluates its assets, coins like ICP are being categorized as AI-related projects due to their integration of artificial intelligence into their operational framework. Not only is ICP involved with AI, it is notable for being one of the first blockchains to implement AI technology, specifically through models like GPT-2. This positioning opens the door for a narrative that aligns ICP with the booming AI sector.
Technical Analysis: A Bullish Outlook for ICP
Examining the charts and employing Elliott Wave analysis reveals an optimistic landscape for ICP. Current patterns suggest the market is setting up for what could be a substantial bullish run. The analysis indicates a structured path forward, marked by the formation of waves that imply sustained upward movement.