ICP advances 2.8% as buying interest revives

ICP saw a notable rise of 2.8%, compared to a mere 1.9% increase in the CoinDesk 20 index. Throughout trading, prices varied between 4.60 USD and 4.84 USD.

During a sharp decline on Sept. 1, ICP’s price dropped from 4.74 USD to 4.60 USD, with trading volume peaking at 827,000 units, significantly exceeding the 24-hour average.

Following the dip, ICP rallied to resistance levels near 4.83 USD and 4.84 USD. Continued buying interest at these support levels suggests a bullish trend may develop, with potential targets above 4.85 USD.

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