DFINITY’s Launch of ICPEx DEX Signals a Bullish Future for Internet Computer (ICP)

Azeez Mustapha


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DFINITY has launched ICPEx, a decentralized exchange (DEX) on Internet Computer (ICP), marking a significant development for DeFi and Web3. ICPEx aims to transform trading by optimizing capital utilization and price discovery with Proactive Market Making (PMM) and advanced smart routing algorithms.

The platform offers diverse liquidity pools and user-friendly features for an enhanced trading experience. Analysts foresee a bullish run for ICP, anticipating that ICPEx will attract substantial trading volumes and drive ecosystem growth, solidifying Internet Computer’s leadership in decentralized finance.

Key Internet Computer Levels To Watch – April 27


DFINITY's Launch of ICPEx DEX Signals a Bullish Future for Internet Computer (ICP)The main trend began after the retracement ended in January 2024. As prices rebounded off the trendline, a significant rally emerged in fractals.
A bounce off the major trendline is now impending. ICPUSD is likely to experience another surge to the upside, probably getting the $16.400 high invalidated.

ICPUSD Key Levels

Resistance levels: $16.280, $20.960, $23.510 
Support levels: $11.000, $9.530, $7.330

ICPUSD Metrics

Total Market Capitalization: $2.58T 
Internet Computer Market Capitalization: $5.66B
Internet Computer Volume: $62.44M
Market Rank: #22

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Azeez Mustapha

Azeez Mustapha is a trading professional, currency analyst, signals strategist, and funds manager with over ten years of experience within the financial field. As a blogger and finance author, he helps investors understand complex financial concepts, improve their investing skills, and learn how to manage their money.

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