Internet Computer logs lowest weekly transaction fee at $0.0000652
- —Average ICP fee hit $0.0000652, putting 100,000 transactions at about $6.52
- —Analyst flagged resistance at $9.818, $11.514 and $13.736 on the way to $16.221
- —A weekly close below $2.100 would strengthen the bearish scenario for ICP
Why it matters: Cheap fees support dApp developers, but without rising activity and a break of resistance, ICP's price recovery remains uncertain.
Source: TronWeekly