ICX is trading above the Fibonacci pivot point of $0.91. As some of the oscillators have shown bullish signals, we can expect the price to increase and test the Fibonacci pivot resistance level of $1.17 soon. However, to test the level of $1.17, the price has to break immediate resistance at $1.04. Once it breaks the level of $1.04, it will test $1.17 and traders can go long.
In an update titled Geometry Release, Balanced has published price charts, a statistics page, its transaction history and disclosed its first DAO vote.
ICX price has tested and fallen below the 76.4% FIB retracement level of $1.06. The price may soon fall below the 138.2% FIB retracement level of $0.98 as well. Thus, by day end, if the price retests and breaks out of these levels, then the price uptrend is strong enough to sustain till tomorrow.
ICX price has tested and fallen below the 23.6% FIB retracement level of $1.027. It may soon fall below the 23.6% FIB extension level of $1.012. Thus, as of now, the bears seem strong. Hence, the price downtrend is expected to continue tomorrow as well.
This article will take a look at ten cryptocurrencies that have interesting developments lined up for the month of June, which could also have a positive effect on their price.