Cryptocurrency Internet Computer Rises More Than 4% In 24 hours
Portfolio Pulse from Benzinga Insights
Internet Computer's cryptocurrency (ICP) has seen a 4.49% increase in price over the last 24 hours, reaching $4.62, continuing a positive trend with a 10% gain over the past week. Despite the recent gains, it is still far from its all-time high of $700.65. The trading volume has decreased by 13% over the past week, while the circulating supply slightly increased by 0.01%. The current market cap ranks ICP at #34, valued at $2.07 billion.
November 28, 2023 | 7:00 pm
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Internet Computer (ICP) has experienced a 4.49% increase in price over the last 24 hours and a 10% increase over the past week, indicating a positive short-term trend despite a decrease in trading volume.
The price increase of ICP over the past 24 hours and week suggests a positive short-term momentum that could attract investors' interest. However, the decrease in trading volume might indicate less trading activity, which could temper the price movement. The distance from its all-time high suggests that while the trend is positive, there may be significant resistance ahead.
CONFIDENCE 85
IMPORTANCE 75
RELEVANCE 100