Internet Computer (ICP) Holders Face 2 Opposing Signals. Here’s What Each One Says

Internet Computer (ICP) is drawing more new addresses to its network, yet its price keeps slipping. Daily new addresses rose about 45% from their summer level, while ICP fell 8.29% in the past month. That leaves holders weighing two opposing signals. Analysts, however, disagree on whether the chart points to a breakdown or a base. ICP Network Shakes Off Its Summer Slump According to Santiment, Internet Computer’s median daily active addresses climbed about 35% to 3,860 between September 22 and October 21. That compares with 2,838 between July 24 and August 22 . “The October highs are spiky. Oct 14 and Oct 21 each topped 7,400, while 16 of the month’s 21 days landed between 3,100 and 4,300,” the team said. New addresses grew faster over the same windows.

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