- The ICX crypto above all the multiple EMA’s during intraday.
- The 24-hour trading volume is at $40 million.
- ICX/BTC pair is trading neutral by 0.1% at 0.00003355 BTC.
On the daily price chart of ICX crypto, The Moving Average (EMA), which includes the 8,13,21,55 EMA, acts as reliable support for currency price movements. Investors may notice a price break above the yellow line, ensuring a ICON uptrend until the price resides above all the EMA’s.
Trading volume (442.022 K) is above the 20-day moving average (339.691 K). The volume is high, so the cost is moving upside. Investors may also find that the volume is increasing. This indicates that unusual fluctuations are common on subsequent trading days.
ICX Crypto High Volume Initiated, Price Seems to be Stable
ICX crypto daily price charts show an uptrend. Based on the price action, the support zone is located at 1.30- 1.40 USD. On the other hand, the resistance zone to look for is 2.20- 2.30 USD. Therefore, the chart shows a bullish harami candlestick pattern during the day.
The RSI showed a 64 (bearish) signal, projecting a buying in the currency for the short-term. Investors can observe an RSI line forming a declined slope on the index. It can surge in future trading sessions.
The MACD indicator gives (bearish) cross over the signal line on October 12, demonstrating a sell signal in the coin. Additionally, Investors can see red bars on the Histogram index.
Conclusion
ICON’s price today is $2.10 with a 24-hour trading volume of $40,178,661. The price of ICX is up 2.8% in the past 24 hours. There are 670 million ICX coins in circulation and a total of 800 million.
The RSI shows a sell sign, and MACD points to a sell signal. The traders have prompted high volume. In fact, the cost got rejected from the resistance zone. A market overview also shows that this pattern will continue to sustain in the coming trading days.
Resistance Level: $2.20 – $2.30
Support Level: $1.30 – $1.40