ICP Price Struggles to Break Above $6.80, Traders Remain Cautious

The Internet Computer Protocol (ICP) price is encountering resistance near the $6.80 level despite repeated attempts to break through this crucial barrier. While analysts remain optimistic about its long-term potential, traders are cautious, with ICP currently oscillating between $4.50 and $6.00. 70% of investors have taken a bearish stance on the asset while 30% are bullish as a breakout above $6.80 is imminent. The price remains capped below this level. According to analysts, a sustained closing price above $6.80 would be a strong signal of a bullish trend. However, if the price fails to break through resistance, this could add downside pressure.