One good sign is that price never go below 30k Satoshi.As soon as price reach their, it begins to go up.It indicates ICN price is being manipulated by a whale or a group of whales.
For now there is a big buy wall at 32.9 k (~ 140k ICN). So if that wall is not fake price should not go bellow for some time.
Good to see this, but really hard to believe that in such a speculative market right now, this is a real buy wall and not just another attempt at market manipulation.
How can fake wall be created? if you dont have funds,you can't create a buy order.
If price reach that level, the order will be executed.
A fake wall can be easily created by someone who has enough funds. Once the price falls and the wall is touched, it will dissapear ie. the buy orders will be deleted - that's why it is called fake