ICP
ICP/USDT Gearing Up for a Bullish Rally? 👀🚀ICP Analysis💎Paradisers, let's focus on #ICPUSDT, which is currently showcasing exciting market movements within an ascending channel.
💎At the moment, #InternetComputer is making its way towards the ascending resistance, originating from the demand zone. This opens up the possibility for the price to rebound from this zone and embark on an upward trajectory, aiming for the bearish Order Block (OB) as its next objective.
💎However, if CRYPTOCAP:ICP does not manage to rally and instead dips below the demand zone, we might see a pullback to the Bullish OB region around the $10.878 mark, where it could find renewed energy for an upward push.
💎The Bullish OB zone has historically been a crucial point for initiating significant market recoveries upon testing. Yet, a failure of this zone, signaling a bearish trend, may lead to a continuation of bullish momentum from a more subdued position.
💎In the event that #ICP doesn't harness the momentum from this or a further reduced level, a continued decline may follow. Rest assured, Paradisers, your ParadiseTeam is closely watching these developments, ready to offer support and guidance through these market shifts.
ICP/USDT preparing bullish trajectory|👀ICP analysis💎Paradisers, the #ICPUSDT pair is exhibiting interesting behavior. After encountering resistance at a significant level of $20.940, it has regained momentum near a critical support zone at $16.640. If it maintains this pace, there's a favorable chance it will surpass the previously observed resistance level.
💎 However, consider an alternative scenario: Should #INTERNETCOMPUTER fail to hold steady at this support level and slip below it, we need to adjust our strategy. We anticipate a robust recovery from slightly lower levels, specifically at a support level that has been tested twice before.
💎 In the event that the price of CRYPTOCAP:ICP dips below this pivotal area, it's prudent to reassess our approach. Our hope lies in a rebound from the subsequent support line at $15.442. Should it struggle to recover from there, further decline may be imminent. Stay vigilant and adaptable as we closely monitor developments.
ICP Road Map🗺️!!! situation+next targets.Hi.
COINEX:ICPUSDT
Today, I want to analyze ICP for you in a 3D time frame so that we can have a mid-term view of ICP regarding the technical analysis. (Please ✌️respectfully✌️share if you have a different opinion from me or other analysts).
Bullish pennant is on the table on 3D timeframe🔍
Looking for a break out and more upside📈
✅ Due to the Ascending structure of the chart...
- High potential areas are clear in the chart.
- AB=CD
- Ascending pennant
Stay awesome my friends.
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✅Thank you, and for more ideas, hit ❤️Like❤️ and 🌟Follow🌟!
⚠️Things can change...
The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
Internet Computer ($ICP) Soars 70% as Network Ventures into AIAfter a prolonged period of dormancy, CRYPTOCAP:ICP has emerged from the shadows with an impressive 70% price surge, capturing the attention of investors and enthusiasts alike. This resurgence comes on the heels of a groundbreaking announcement unveiling the integration of AI functionalities within the Internet Computer ecosystem.
The introduction of AI Smart Contracts marks a watershed moment in the evolution of blockchain technology. It signifies the convergence of two revolutionary domains, each poised to redefine the way we interact with digital systems. By harnessing the power of AI within the secure framework of blockchain, Internet Computer pioneers a new era of decentralized intelligence, unlocking limitless possibilities for innovation and collaboration.
At the heart of this groundbreaking development lies the visionary architecture of Internet Computer, a World Computer blockchain designed to support the seamless execution of complex computations across a distributed network. With its unique blend of scalability, security, and interoperability, Internet Computer lays the foundation for a decentralized ecosystem capable of hosting AI-driven applications with unparalleled efficiency and transparency.
The implications of this convergence extend far beyond the realm of speculative investment. They resonate deeply with the core principles of decentralization and democratization that underpin the ethos of blockchain technology. By democratizing access to AI capabilities through Smart Contracts, Internet Computer empowers developers and entrepreneurs to unleash their creativity and drive meaningful change across diverse industries.
Furthermore, the timing of this announcement couldn't be more fortuitous, as the broader crypto market experiences a bullish resurgence fueled by renewed optimism and institutional adoption. Against this backdrop of growing momentum, the meteoric rise of ICP serves as a beacon of hope for investors seeking high-impact opportunities in the digital asset space.
However, amidst the euphoria surrounding ICP's price surge, it's crucial to maintain a nuanced perspective on the underlying fundamentals driving this phenomenon. While speculation undoubtedly plays a role in short-term price movements, the long-term viability of Internet Computer hinges on the successful execution of its ambitious vision for AI integration.
In light of these considerations, investor sentiment remains cautiously optimistic, with some predicting a potential price target of $60 by the end of April. Yet, beyond mere price speculation, the true measure of Internet Computer's success lies in its ability to deliver tangible value through innovative AI solutions that resonate with users and enterprises alike.
As AI Smart Contracts continue to undergo testing on Internet computers' testnet, anticipation builds for their eventual deployment on public networks, signaling the dawn of a new era in blockchain-enabled intelligence. With each milestone achieved, Internet Computer solidifies its position as a trailblazer in the convergence of blockchain and AI, paving the way for a future defined by decentralized innovation and empowerment.
In conclusion, the recent surge in CRYPTOCAP:ICP price represents more than just a fleeting market phenomenon—it embodies a profound shift in the trajectory of blockchain technology towards a future where AI and decentralization converge to redefine the boundaries of possibility. As the Internet Computer charts a course toward this bold vision, the world watches with bated breath, eager to witness the dawn of a new era in digital transformation.
ICP wait for a LONG
ICP is of my interest because of the project, the team and their continuous dev activities.
In my opinion, after a long period of declining (check my previous trade in the link below), ICP has found its bottom. However, in short and mid-term, ICP is going to consolidate in a range from $3.5 to $7.5.
I'm waiting for it to be back in the demand zone to fill my bag.
What do you think about this crypto, the project as well as this analysis?
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ICP (Internet Computer Protocol) is a cryptocurrency associated with the Internet Computer blockchain, developed by the DFINITY Foundation. The Internet Computer aims to create a decentralized and secure blockchain platform that can host a wide range of applications and services, providing an alternative to the traditional centralized web infrastructure.
Key features and concepts of the Internet Computer include:
Decentralization: The Internet Computer aims to be a fully decentralized and censorship-resistant blockchain network.
Canister Smart Contracts: Instead of using traditional smart contracts, the Internet Computer uses "Canister" smart contracts: secure and scalable building blocks that enable the creation of decentralized applications (DApps) and services on the network.
Internet-Scale: The Internet Computer is designed to be internet-scale, meaning it can scale to handle vast amounts of data and user traffic without compromising on performance.
On-Chain Governance: The network implements an on-chain governance system that allows token holders to participate in decision-making processes, such as protocol upgrades and changes.
ICP on a Bullish Run: Price Soars Towards First ResistanceInternet Computer (ICPUSDT) has been on a tear since October 2023, showing no signs of slowing down. Currently trading at $17.30, ICP is steadily climbing toward its first major resistance level of $23.40.
With ICP breaking key resistance levels, a breakout towards even higher prices could be imminent. However, others caution that the market remains volatile and a correction could always occur.
One thing is for certain: Internet Computer is a must watch closely in the coming weeks and months.
Growth target for Internet Computer ICP price On the one hand, ICP's price is only trying to rebound from the "bottom" where it has been falling mercilessly for investors for 2.5 years since its listing.
On the other hand, the ICPUSD price entered the first strong liquidity zone $15-22 , where for some time some sold and others bought ICP thinking that this was the "bottom" in early 2022
It is likely that the price of the Internet Computer token will be able to reach $21-23 in this race.
However, it is also likely that some holders will start selling their ICPs in the range of $15-22 at the price at which they bought them two years ago and sat through a significant deposit drawdown.
If you believe that the Internet Computer project is reviving and has good prospects for the future, then place a pending order to buy ICP around $6 and wait.
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ICP Huge Accumulation - Target ~$55ICP is in the last stages of a giant accumulation here. We just came back down for the BU/LPS stage before the markup. The measured move would put this up near $55. This is going to be a gem too, along with Tezos and most of the other alts right now that are about to take off!
Cryptolean Internet Computer ICP UpdateICP is trying to push into the bullish territory in the daily chart above $13.54.
A bullish daily candle closure above $13.54 and a sustained price action above this level will result in a move towards the key daily resistance zone of $15.27-$15.94.
An inability to sustain the price action above $13.54 will lead to (1) a dip into the daily range zone where ICP price action will be choppy and (2) a slow move to $12.06.
Bears will be more active towards $10 upon a bearsih break-out of $12.06.
ICP technical analysis, buy here for the long term!ICP looks very strong from a technical perspective. We can see that we have started this whole uptrend with an impulse wave 12345, which is very good to see if you are an Elliott Wave trader. We are now in a corrective phase, and usually we want to see a liquidity sweep below the previous wave (4). In this case, below 8.5 USDT - that would be a great level to buy ICP for the long term!
What is the Internet Computer and ICP?
The Internet Computer blockchain incorporates a radical rethink of blockchain design, powered by innovations in cryptography. It provides the first “World Computer” blockchain that can be used to build almost any online system or service, including demanding web social media, without need for traditional IT such as cloud computing services. As such it can enable full end-to-end decentralization.
Why Does the ICP token have value?
The ICP token has three main utilities. Firstly, ICP provides a source of “cycles” that are burned to power computation (thus when ICP is converted to cycles, it disappears, creating deflationary pressure). Secondly, ICP can be staked in the permissionless Network Nervous System DAO that governs the Internet Computer blockchain, creating voting neurons that generate voting rewards. Thirdly, ICP plays the role of a store of value, for example allowing users to invest in decentralization sales run by web3 services.
Cryptolean Chainlink $ICP Update After being unable to re-claim the key resistance zone of $15.27-$15.94 and forming a double top, ICP declined sharply to $12.06, the key daily support.
A bullish reversal from $12.06 is likely, assuming we see back bullishness in Bitcoin, and will result in a move to re-test $13.54, however the price action may be slow and choppy.
A bearish break-out of $12.06 will push ICP price in the bearish territory and will increase probability of a deeper correction towards the key support zone at$9.66-$10.33 and, possibly, lower to $8.06.
Intraday Chart
The ICPUSDT 4-Hour chart is bearish and trading very close to the key intraday support zone at $10.62-$11.43.
(1) A rejection of $12.58 or (2) a bearish dip and a bullish rejection of $10.62-$11.43 will lead to a upward move towards $13.54 and, possibly, higher to $15.32.
A bullish break-out of $12.58 will push price to re-test $13.54 and possibly $14.43.
Support once read!
Thank you.
⚡ ICP (Internet Computer) Trade Setup ⚡📊 Analysis:
Historical Price Movement: ICP has experienced a significant decline from its all-time high of $2,800 in May 2021.
Target Price: The analysis suggests a reasonable target at the September 2021 high of $85.00.
Buy Area: Plan to enter a long spot trade in the buy area between $11.00 - $12.00.
Take Profit: Consider taking profits at the area of resistance around $14.00 - $15.75 and the next area at $22.00 - $23.50.
Stop Loss: Set the stop loss just below $10.60 to manage potential losses.
🌐 Note: Always stay informed about market conditions and adjust your strategy accordingly.
ICP - Easy +40%? Hi, this is my new update for ICP. In the past 2-3 months altcoins have exploded more than 100% each, but ICP has been very stable in this beautiful ascending triangle.
As you see we are getting very close to the end of this triangle and we are going to see a big breakout in the next couple of the days. The probability that it will breakout upside is much higher.
I expect once we break the resistance 14.50-15.50, then we are going to fill the gap in the blue box around 19.70 - 20.70.
Watch closely once we breakdown the red trendline then we have lost both the 20 & 50 EMA and things will get little bit complicated and we should consider sell.