Internet Computer (ICP) enables decentralized cloud computing, making it ideal for AI and Big Data applications. It allows developers to build scalable, data-intensive dApps directly on-chain without traditional servers. With its high-speed processing and low-cost storage, ICP supports real-time analytics and AI model deployment within a fully decentralized ecosystem.
The ICP price has rebounded from the lower support of the symmetrical triangle but failed to test the upper resistance. As a result, the price is plunging back to the support levels while the RSI is about to plunge below the ascending trend line. Previously, the RSI rebounded, and hence a similar reversal is expected that could push the ICP price higher.
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