Internet Computer (ICP) is trading slightly higher and approaching a critical support level. The long-to-short ratio suggests that traders anticipate a rally in the asset price. If the support level holds, ICP could rally 27% to retest its previous high. The Relative Strength Index (RSI) indicates weak momentum but must rise for a bullish reversal. Coinglass's long-to-short ratio supports the bullish outlook. However, if ICP fails to find support and closes below the ascending trendline, the price could decline by 11% to the next support level.



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