Technical analysis by CryptoStation about Symbol ICX: Buy recommendation (7/27/2022)

ICX is currently moving in the $0.26-0.32 zone since mid-June and a break out of this zone will create a massive price move for ICX.Accumulating at the bottom of the range is possible and the risk is low to stop loss only when ICX falls out of the range.If ICX does not lose the $0.26 zone, we can expect a strong rally to the $0.32 zone or even a break of the $0.32 zone for a strong rally to the $0.38-0.4 zone in August.However, we need to be careful when ICX loses the $0.26 zone because it will fall sharply to the $0.2 zone and it is a very good opportunity to buy ICX for long-term target.