Internet Computer Price Sets Out For 12% Surge

Quick Summary:

Internet Computer price is gearing up for a modest breakout as the Federal Reserve matches market expectations, leaving the interest rate unchanged between 5.25% and 5.5%.

In his latest remarks, Powell maintained a dovish tone on interest rate cuts, shrinking the chances of a rate cut in July.

After breaking out of the falling wedge, traders should anticipate impediment at the 50-day Exponential Moving Average (EMA).

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Article Details

Author / Journalist: John Isige

Category: Crypto

Markets: India

Topics: ICP Price Internet Computer price Price Analysis

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-07-31 @ 18:31:31 (17 hours ago)

News Timezone: GMT +8:00

News Source URL: coingape.com

Language: English

Article Length: 416 words

Reading Time: 3 minutes read

Sentences: 42 lines

Sentence Length: 10 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © CoinGape

News ID: 21876628

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About CoinGape

Main Topics: Crypto

Official Website: coingape.com

Update Frequency: 27 posts per day

Year Established: 2017

Headquarters: India

News Last Updated: 13 hours ago

Coverage Areas: India

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Publisher ID: #59

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