Binance Announces Its New Program That Could Deeply Affect Altcoins! 18 Altcoins Selected in the First Stage!
Launch of New Program: Binance has introduced the "Altcoin LiquidityBoost Program," a dedicated spot liquidity initiative for altcoins aimed at supporting small and medium-sized market makers, with refunds of up to 1 bps.
Program Details: Set to launch on June 17, the program will initially support 18 altcoins and is designed to allow liquidity providers to specialize in altcoin trading without competing in larger markets like Bitcoin.
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Technical Analysis for ICP
Technical Sentiment Analysis for Internet Computer (ICP). As of , Internet Computer (ICP) is exhibiting a Sell technical sentiment. Our proprietary analysis, which aggregates 4 technical signals, shows that 1 indicators are flashing buy, while 3 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status. Currently, the Relative Strength Index (RSI) for ICP stands at -, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -, providing a Neutral signal for short-term momentum. Other oscillators like the Stochastic Oscillator at - and the Commodity Channel Index (CCI) at - further confirm a - outlook for the crypto.
Support, Resistance & Moving Averages. From a structural perspective, ICP is trading below its 60-day moving average of $- and below its 200-day long-term moving average of $-. Key price levels to watch include the immediate resistance at $- and strong support at $-. A break above $- could signal a bull continuation, while falling below $- may test the next Fibonacci floor at $-.
Internet Computer (ICP) Support & Resistance Level
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 1.224 | 1.612 | 2.016 | 2.404 | 2.808 | 3.196 | 3.6 |
| Fibonacci | 1.612 | 1.915 | 2.102 | 2.404 | 2.707 | 2.894 | 3.196 |
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