Part 4/7:
A pivotal aspect of the bullish sentiment stems from market patterns indicating that ICP is in the early stages of a robust upward trajectory. The completion of an identifiable wave structure suggests that the asset has navigated through a correction phase and is poised for a new rally—potentially targeting price points around $22.
Short-term and Long-term Projections
In the short term, while there may be some price fluctuations due to market consolidation and resistance around $11 to $13, the long-term outlook positions ICP favorably. The bullish structures seen on the charts hint at an imminent increase once the asset successfully surpasses significant resistance levels.