The technical team at the Dfinity Foundation recently shared a thought-provoking idea: with the help of an AI-driven no-code development platform, it may open up new directions for infrastructure security, thereby avoiding the risks of large-scale failures like those seen with AWS.
Looking at the market performance of ICP itself, this project has indeed experienced ups and downs recently. After hitting a low last Friday, it rebounded by 22.6%, seeming poised for a resurgence, but unexpectedly dropped again by 8.46%, effectively erasing all gains made in November. Starting from a low point of $2.79, it rose all the way to $9.85, but ultimately failed to maintain its footing.
From a technical perspective, the situation is indeed somewhat stalemated. Higher time frames reveal obvious bearish signs, and to reverse the downward trend, a successful breakthrough of the key support line at $3.78 is necessary. If this level is lost, mid-term operators will focus on the vicinity of $2.9 — whether this area can become a new bottom still needs subsequent price action to confirm. Market participants are currently holding their breath, waiting for the next directional guidance.
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ContractCollector
· 7h ago
The ICP market is really exhausting, a 22.6% rebound was immediately followed by a drop of 8.46%. This unpredictable rhythm is incredible... I'm a bit tired.
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RuntimeError
· 7h ago
Again, it's the same "revolutionary technology" rhetoric... I've heard so much about no-code AI platforms that my ears are getting calloused; how many of them are actually usable?
ICP's recent actions are really messing with people's minds, a 22% rebound disappeared in the blink of an eye; it feels like the market maker is collecting chips. If it can't break 3.78, it might really have to go back to over 2 bucks...
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OldLeekMaster
· 7h ago
Dude, has it dumped again? ICP's temperament is really something, it just doesn't behave.
Wait, can an AI no-code development platform really save infrastructure security? Sounds pretty impressive, but I'll let the coin price do the talking.
If it can't break 3.78, then we really have to panic; 2.9 might really become the floor.
This back and forth has completely wiped out the gains from November, it's frustrating.
The technical team at the Dfinity Foundation recently shared a thought-provoking idea: with the help of an AI-driven no-code development platform, it may open up new directions for infrastructure security, thereby avoiding the risks of large-scale failures like those seen with AWS.
Looking at the market performance of ICP itself, this project has indeed experienced ups and downs recently. After hitting a low last Friday, it rebounded by 22.6%, seeming poised for a resurgence, but unexpectedly dropped again by 8.46%, effectively erasing all gains made in November. Starting from a low point of $2.79, it rose all the way to $9.85, but ultimately failed to maintain its footing.
From a technical perspective, the situation is indeed somewhat stalemated. Higher time frames reveal obvious bearish signs, and to reverse the downward trend, a successful breakthrough of the key support line at $3.78 is necessary. If this level is lost, mid-term operators will focus on the vicinity of $2.9 — whether this area can become a new bottom still needs subsequent price action to confirm. Market participants are currently holding their breath, waiting for the next directional guidance.