ICP
ICP / ICPUSDTGood Luck >>
• Warning •
Any deal I share does not mean that I am forcing you to enter into it, you enter in with your full risk, because I'll not gain any profits with you in the end.
The risk management of the position must comply with the stop loss.
(I am not sharing financial or investment advice, you should do your own research for your money.)
TradeCityPro | ICP: Navigating the Waves of Crypto AI👋 Welcome to TradeCityPro!
Today's analysis focuses on the ICP coin, a project within the crypto AI sector boasting a market cap of $4 billion.
📅 Weekly Timeframe
In the weekly timeframe, we're observing a rounding pattern that has been forming for some time, establishing a low at $2.923. Currently, an upward trend has begun, and we are now in a correction phase.
🔍 The bullish trend began with the breakout of $6.562, which continued up to $14.957, and now a range box between $6.562 and $14.957 has formed. The volume is consistently supporting the trend, converging well. The price is currently near a curved trend line, and it remains to be seen how it interacts with this area.
🧩 The overlap of this trend line with static support areas might create a very strong PRZ, potentially starting the next bullish leg. Conversely, if this trend line breaks, the likelihood of a trend reversal increases.
🔽 If the area of $6.562 is broken, we could confirm the beginning of a trend change. If increased selling volume enters the market and momentum turns bearish, the minimum bearish target for the price could be $2.923. A break of 36.20 on the RSI would support this scenario, increasing its likelihood.
📈 On the flip side, if the price can maintain support and break the ceiling of $14.957, the next bullish targets would be $23.104 and $79.510.
📅 Daily Timeframe
In the daily timeframe, we are seeing a descending wedge starting from the peak of $15.511, directing the price back towards the bottom of the box. Currently, both the floor of $9.834 and the RSI at 38.84 have been breached and confirmed. The price is reacting to the bottom of the wedge and may gradually descend to the bottom of the box.
✨ If the wedge breaks downwards past $6.857, bearish momentum will enter the market, and the price could move toward a target of $5.188.
📉 Conversely, if the wedge is broken upwards, we have a trigger at $11.421, which is currently not advisable. We need to wait for the price to form a structure near this resistance and strengthen this area with a reaction. In this case, this area could be a suitable trigger for a breakout.
🔼 main long trigger is at $15.511, which we discussed in the weekly timeframe. If the price can stabilize above this area, we may witness a very strong bullish leg.
📝 Final Thoughts
This analysis reflects our opinions and is not financial advice.
Share your thoughts in the comments, and don’t forget to share this analysis with your friends! ❤️
ICP breakout expected as positive cashflow is achievedInternet Computer Protocol is a unique project, that allows investors to accurately assess fundamentals. 2024 has been an amazing year for the project:
ICP has been recognised as being the fastest blockchain in terms of max recorded transactions per second, outperforming Solana by more than 3 times (Cryptogics November 2024).
In terms of compute, ICP is frequently burning more than 1 trillion 'cycles' per second, approximately 200x the 5B cycles/s it routinely burned a year ago.
It is also reported to be the cheapest for transactions and data storage, by one or more orders of magnitude, depending on the blockchain it is compared with (Token Terminal December 2024). More than 4Tb of data is stored on ICP, more than 3.3x the data stored on Ethereum and potentially more data than is held on-chain by all other crypto projects combined.
ICP is attracting developers at breakneck speed (3rd preferred blockchain for new developers), with fees collected up 40x year-on-year (Token Terminal December 2024).
These metrics are impressive, but despite the heavy-hitting results booked to date, ICP is still ranked 39th with a market cap of (just) US$4.1B in the CoinGecko list of crypto projects, well below projects with no or little utility. This has led to some insiders referring to ICP as 'crypto's most undervalued project'.
This month (January 2025), ICP will achieve 'positive cashflow', defined here as the point at which revenue from compute (ICP burned) exceeds the cost of the network (ICP minted to reward node providers). Refer to my post on Nuance for more detail (nuance.xyz).
Apart from this critical milestone, the tokenomics of ICP are such that effective deflation is affected by the value of the ICP token. I built a model described in another Nuance post (nuance.xyz) that estimates deflation (defined as a decrease in the ICP circulating supply) to be achieved in 2028, but at the current depressed ICP price below US$10, effective deflation will be achieved before this Christmas!!
In the context of the above, I expect ICP to increase significantly in value this year and given the chart provided here, my expectation is that the price of ICP will flip on a dime this week with the news of ICP achieving positive cashflow ('operational profit'). My view is that 10x is achievable in 2025.
I do not provide financial advice. The above expresses my personal view and may be way off the mark. Please do your own research but feel free to comment.
Internet Computer (ICP)Comprehensive Analysis of ICP
Introduction
The Internet Computer Protocol (ICP) is one of the leading projects in the blockchain space, developed with the aim of creating a decentralized internet. This project enables decentralized applications (dApps) to run directly on the blockchain without relying on centralized infrastructure. Due to these features, ICP has captured the attention of developers and investors alike, showcasing significant growth potential in the future.
From a price perspective, ICP has experienced substantial volatility since its launch. It is currently trading within a medium-term ascending channel, which plays a critical role in determining its future price trend.
🔍 Current Status
At present, ICP has entered a correction phase after encountering a weekly resistance zone at $14.623 - $15.704. It is now approaching the lower boundary of its ascending channel and the key weekly support zone at $6.166 - $6.944, which are crucial for preventing further price decline.
Conversely, significant resistance levels at higher zones could limit the upward momentum of the price.
🚀 Key Levels Analysis
Support Levels:
Lower boundary of the ascending channel
Weekly support zone: $6.166 - $6.944
Resistance Levels:
Daily resistance zone: $11.089 - $11.767
Weekly resistance zone: $14.623 - $15.704
Breaking these resistance levels, accompanied by increased trading volume, could strengthen the bullish price movement.
📈 Entry Strategy and Stop Loss
First Entry Point:
When to Enter: If the price bounces off the lower boundary of the ascending channel and the gray support zone ($6.166 - $6.944), a gradual entry is recommended.
Stop Loss: Below the gray support zone at $6.
Second Entry Point:
When to Enter: If the daily resistance zone ($11.089 - $11.767) is broken, initiating a second entry is advisable.
Stop Loss: Below the gray support zone at $6.
Complementary Entry:
A breakout of the 50-level on RSI can serve as an additional confirmation signal for entry.
🎯 Price Targets
Target 1: $21.158 - $23.555
Target 2: $36.722 - $40.641
Achieving these targets requires a confirmed breakout above the weekly resistance zone ($14.623 - $15.704).
⚠️ Key Considerations
Trading Volume: Resistance breakouts must be confirmed by a significant increase in trading volume.
Risk Management: Gradual entry strategies and defined stop losses are essential for minimizing risk.
Ascending Channel: As long as the price remains above the lower boundary of the ascending channel, the medium-term uptrend remains intact.
Alternative Scenario
If the weekly support zone ($6.166 - $6.944) is broken and a candle closes below it, the price could drop further toward $4.5. In this scenario, exiting long positions is recommended.
🔗 Conclusion
The analysis indicates that ICP holds considerable growth potential. However, maintaining proper risk management and closely monitoring key support and resistance zones is crucial. Entering at support zones with a stop loss below $6 and confirming resistance breakouts with high trading volume can be a solid strategy for investment.
TradeCityPro | ICPUSDT Early Entry Points👋 Welcome to TradeCityPro Channel!
Let’s update the analysis of ICPUSDT, one of my favorite altcoins. We'll review the new triggers for potential early entries together.
🌐 Overview Bitcoin
Before diving into the analysis, as always, let’s take a look at Bitcoin on the 1-hour timeframe. Bitcoin shows potential for upward movement, as recent candles have pushed its price higher. With increasing volume, it could even set a new ATH. A breakout above the 108454 trigger could present a risky long position with a wide stop-loss.
As Bitcoin’s dominance is rising, this indicates that bullish movements may first occur in Bitcoin. It’s better to focus on Bitcoin or coins with a strong performance relative to Bitcoin.
🕵️♂️ Previous Analysis
In our last analysis, the trigger for a long position was 12.476, but it was never activated. Instead, the price rejected from that level, breaking our lower timeframe trigger. Sellers took control, causing Fibonacci levels to be revisited and the price to move towards the 9.821 support.
📈 Daily Timeframe
Currently, after rejecting the 11.333 resistance, the price has entered a triangle pattern and is consolidating. A breakout from this triangle seems imminent.
When the price rejected from 11.333, we observed increased volume, which isn’t ideal for bullish momentum as it highlights the strength of sellers. However, the price is now sitting on a critical support level, which is also the 0.618 Fibonacci level and the top of the daily box, now acting as daily support.
The daily candle looks promising, sitting on a strong support level. You can consider buying based on this setup, but I prefer to wait for the continuation trendline to break or for the 11.333 trigger to be breached. The 11.333 level is especially significant after the recent rejection. If we see increased volume upon breaking it, I’ll enter a position myself.
For exiting this coin, as long as we remain above $7, I’ll continue holding unless negative news arises. Keep in mind that my entry point is 3.582, which I previously mentioned. Exiting below $7 would still be in profit for me. However, I recommend exiting at current levels if your entry was higher.
⏱ 4-Hour Timeframe
After rejecting the 12.476 level, the price dropped to 9.466, where it seems to have stabilized, and bearish momentum has subsided.
📉 Short Position Trigger
I’ll consider opening a short position if the 9.466 support is broken. Profits from this trade will be used to accumulate more ICP, effectively making my holdings cost-free.
📈 Long Position Trigger
For a risky long position, you can enter after the continuation trendline breaks. Personally, I prefer waiting for the price to reach 11.411 and break that level before entering a long position. This ensures that momentum has entered the coin, allowing me to trade with greater confidence and potentially set a tighter stop-loss.
📝 Final Thoughts
Stay calm, trade wisely, and let's capture the market's best opportunities!
This analysis reflects our opinions and is not financial advice.
Share your thoughts in the comments, and don’t forget to share this analysis with your friends! ❤️
ICP Leading the Way - TP Target $23.04
I am waiting on a pullback to enter ICP as it leads the way with a good increase in volume that hasn't been reflected in most other coins despite their increase in price. Most coins I am seeing overbought signals on the 4 hour suggesting an opportunity for a pull back.
For ICP, I am looking at buys at approx. 11.54 and 10.90 before we keep moving (VWAP's on 4 hr and Daily).
TP's depend on how long you like to hold, Fib Level 1.618 is 23.04 for an optimistic target, most likely TP along the way to this.
Internet Computer in 2025ICP is having a possible bullish scenario as long as it's above the invalidation red lines.
Although the counting of the major (3) is forced, but it's what I find most fitting.
Breaking $9.72 then $6.83 cancels this idea.
Passing $15.89 is a bullish confirmation and would take the price to $40 : $60 as a start.
Public trade #4 - #ICP price analysis ( Internet Computer )It looks like CRYPTOCAP:ICP holders have to wait a little longer (of course, everything is in comparison) before the long-awaited growth begins!)
‼️ Buy zone for OKX:ICPUSDT - $8.20 - 10.50
Another downward correction wave is “asking for it” - if it is weak, then the price of #InternetComputer should not fall below $10.50, and if the alt market is sharply “merged”, then the pending buy order at $8.20 will be just right.
🙏 And then we just have to keep our fingers crossed that #ICP reaches the medium-term target of $40+, and if we're lucky, $50+
_____________________
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Internet Computer $ICPOverview:
FWB:ICP may be the best blockchain technology there is to date. We can thank (or hate) SBF for destroying this chart right out the gate, however the projects fundamentals, developments, and team have not stopped since day one. However, i do not think this bull cycle (unless extended) will be one where we see FWB:ICP 's value really shine. Not to say it wont 5-10X from where it currently is, but this is a 1-5 trillion dollar market cap project in the long term.
Price Action:
Realistically, I see FWB:ICP going as high as $80 in the mid term. We found a demand zone in the $3 area, and have now changed character. there are a few obsticales in the way of going past $80 this cycle including A bearish FVG, some major resisra some major restistance, and the supply zone at 80,.
Take Profit Structure:
Percentages represent growth of total initial investment at current price level.
TP1 - 15% - at $24.14
TP2 - 20% - at $35.39
TP3 - 25% - at $53.58
TP4 - 30% - at $71.79
Will let the last 10% ride.
ICP Growth Outlook: Key Levels You Need to Watch. 12/26/24The price of BINANCE:ICPUSDT ICP, after setting a new high, faced sharp sell-offs and entered a correction, during which it retested a mirror level. At the specified price level, buyers began to show activity, contributing to further price growth. I believe that positions can be confidently accumulated from the current levels up to $9.8.
Targets: $23 - $27.
DYOR.
ICPUSDT Analysis: Key Resistance and Potential DropThe red box marks the first serious resistance point for ICPUSDT. If the price fails to break above this level, it may fall towards the blue box . However, if the price breaks through with volume and retests this level, there’s minimal resistance ahead, and the price could rise significantly.
Key Points:
Red Box: This is the first major resistance. A failure to break it could lead to a drop towards the blue box.
Break and Retest: If the price breaks the red box with volume and retests, it may continue higher due to lack of resistance.
Confirmation Indicators: Validate entries with CDV, liquidity heatmaps, volume profiles, volume footprints , and upward market structure breaks in lower time frames.
Learn With Me: Want to learn how to use CDV, liquidity heatmaps, volume profiles, and volume footprints to identify key demand zones? DM me for details.
If this analysis helps you, please don’t forget to boost and comment. Your support motivates me to share more!
If you think this analysis helps you, please don't forget to boost and comment on this. These motivate me to share more insights with you!
I keep my charts clean and simple because I believe clarity leads to better decisions.
My approach is built on years of experience and a solid track record. I don’t claim to know it all, but I’m confident in my ability to spot high-probability setups.
If you would like to learn how to use the heatmap, cumulative volume delta and volume footprint techniques that I use below to determine very accurate demand regions, you can send me a private message. I help anyone who wants it completely free of charge.
My Previous Analysis
🎯 ZENUSDT.P: Patience & Profitability | %230 Reaction from the Sniper Entry
🐶 DOGEUSDT.P: Next Move
🎨 RENDERUSDT.P: Opportunity of the Month
💎 ETHUSDT.P: Where to Retrace
🟢 BNBUSDT.P: Potential Surge
📊 BTC Dominance: Reaction Zone
🌊 WAVESUSDT.P: Demand Zone Potential
🟣 UNIUSDT.P: Long-Term Trade
🔵 XRPUSDT.P: Entry Zones
🔗 LINKUSDT.P: Follow The River
📈 BTCUSDT.P: Two Key Demand Zones
🟩 POLUSDT: Bullish Momentum
🌟 PENDLEUSDT.P: Where Opportunity Meets Precision
🔥 BTCUSDT.P: Liquidation of Highly Leveraged Longs
🌊 SOLUSDT.P: SOL's Dip - Your Opportunity
🐸 1000PEPEUSDT.P: Prime Bounce Zone Unlocked
🚀 ETHUSDT.P: Set to Explode - Don't Miss This Game Changer
🤖 IQUSDT: Smart Plan
⚡️ PONDUSDT: A Trade Not Taken Is Better Than a Losing One
💼 STMXUSDT: 2 Buying Areas
🐢 TURBOUSDT: Buy Zones and Buyer Presence
🌍 ICPUSDT.P: Massive Upside Potential | Check the Trade Update For Seeing Results
🟠 IDEXUSDT: Spot Buy Area | %26 Profit if You Trade with MSB
📌 USUALUSDT: Buyers Are Active + %70 Profit in Total
🌟 FORTHUSDT: Sniper Entry +%26 Reaction
🐳 QKCUSDT: Sniper Entry +%57 Reaction
📊 BTC.D: Retest of Key Area Highly Likely
I stopped adding to the list because it's kinda tiring to add 5-10 charts in every move but you can check my profile and see that it goes on..
ICP Under $12: Positioning for a $50 Exit by May!Picked up some BINANCE:ICPUSDT under $12 and will continue adding between $10.5-$12. My target exit is closer to $50, so this is a position trade with a plan to offload everything by May.
I decided to jump in after the retest of the reclaim range low from early 2024, with strong confluence from the moving averages. Looking forward to seeing how this plays out!
ICP | Massive Upside PotentialWe have shared many analyzes here and achieved pinpoint success in most of them.
Have some trust in the brand, this is XU99.
I'm longing from bluebox.
There is a nice volume in ICP. Sounds like it gives a sweet buy on Sunday evening's pullback.
I don't overcomplicate things and add a ton of dirty crap to my charts, but you can check out the success of my analysis below.
I approach trading with confidence backed by experience and past success in identifying high-probability setups.
While I don’t claim to be the best, my track record speaks for itself, and I strive to let my analysis and results do the talking. Watch these levels closely—markets can confirm what charts already whisper. Let’s see how this plays out together.
My Previous Hits
🐶 DOGEUSDT.P | 4 Reward for 1 Risk (or more if you’re bold).
DOGEUSDT.P: Next Move
🎨 RENDERUSDT.P | HTF Sniper Precision
RENDERUSDT.P: Opportunity of the Month
💎 ETHUSDT.P | Buyer Zone So Accurate You’ll Double Check
ETHUSDT.P: Where to Retrace
🟢 BNBUSDT.P | Buyer Zone Mastery (CZ vibes).
BNBUSDT.P: Potential Surge
📊 Bitcoin Dominance | Called it Like a Pro
BTC Dominance: Reaction Zone
🌊 WAVESUSDT.P | The Blue Box: A Demand Zone with Potential
WAVESUSDT.P: Demand Zone Potential
🟣 UNIUSDT.P | Long-Term Trade
UNIUSDT.P: Long-Term Trade
Now sit back, relax, and watch the market do its thing. Or don’t, FOMO is real. 😉
Will ICP reach $40?BINANCE:ICPUSDT was in a downtrend throughout the 2022-2023 period. However, with the start of 2024, the first bullish move pushed the price from $3 to $20.
The selling pressure in the $20-23 range was not surprising, and the resulting decline caused the price to drop by as much as 72%.
The second half of 2024 mostly consisted of consolidation. Following the election results in the United States, the price began trending upward again.
I believe the price will continue its upward movement from the last consolidation zone, first reaching $23 and then potentially moving towards $38.
The positive market sentiment and notable advancements in ICP's use cases will likely support the price.
ICP EOY targets and OctoberHello Tradingview community!
As always: If these patterns I'm showcasing doesn't work as predicted..
then please don't come crying to me (ty) -> NFA DYOR
The chart explains itself pretty much..
We got 2 scenarios for EOY:
Bull target: 15 - 17 dollars
Bear target: 5.5 - 4 dollars
and of course the October target: 9-10 dollars
I think BINANCE:ICPUSDT is a great project/coin overall
But it's simply not the strongest when it comes to price action
- I do believe in the project and i do own a small amount of it
All of this is just an idea that could very simply be WRONG.
NFA DYOR <<<<-----