Get started

ICP

ICP Pomp to 44 % ?We have been supported by an upward trendline for a considerable period. However, for the past few days, we have been trading below a downward trendline, and the consolidation is intensifying. Both bullish and bearish scenarios are worth considering. In a bullish scenario, we could anticipate a breakout above 13.97 with the specified targets in mind. Conversely, if the price breaks down below the 11.93 zone, we could accompany the downtrend until the 8.99 target. Which direction are you anticipating?
by Crypto-Oracle1
ICP - a pig of a chart, but signs of secret coiling nonetheless?I'm heavily invested in ICP and most of it is locked up for a minimum of 8 years, so yes, I'm biased... I think this has got to be THE most undervalued project in all of crypto. And so I'm perpetually disappointed with the uninspiring ICP/USD chart. What IS going on with that? Nothing to hold onto, nothing to indicate the price is coiling up, ready to spring out of its pattern and finally surprise crypto-heads the world over. It's easy to draw a teal arrow, and the one drawn in this chart - as anyone can see - is not grounded in T/A. In fact, one could clearly make the case for a disturbing trend of ever less convincing highs (red curve) with chances of a drop down more likely than a pump up. Also, there is a lack of significant historic support, which makes trading ICP uncomfortable. And I'm not saying that a drop is unlikely to occur. ICP has been taken on by crypto heavyweights in the past and may be pounced on again in the future. BUT, there is another way of looking at ICP and of trading it responsibly (if trading is ever responsible). I suggest that for trading purposes, it is much better to use the ICP.D chart (first chart below) or the ICP/BTC chart (second chart below). These are very similar, but my preference goes out to the ICP.D chart which shows the history of ICP market cap dominance. This is a personal preference, related to my favourite way of calculating Fibs. The ICP.D chart has some interesting recent runs and drops that - interestingly - the ICP/BTC chart lacks. These pumps and drops allow fibs and trendlines to be drawn and also show some support by significant moving averages on the daily chart. A triangle is the main feature (on both these charts) and we're right at the bottom, pretty close to some other support features (MAs). This makes me think that ICP IS in fact coiling up with investors in silk slippers accumulating ICP sneakily. But you can make up your own mind of course: I've always has a lively imagination. Now, if I had even more appetite for ICP accumulation (which I don't - I'm already out on a limb) I'd consider buying the day we see some long bullish confirmation candle. With a relatively short stop to be activated in the event of a weekly close below the triangle. That'd be a neat and potentially responsible trade. Note I've also added the weekly ICP.D chart with a crazily optimistic trendlines for peeps that are on my ICP buss... (chart at the bottom)
BINANCE:ICPUSDLong
by Fractaleer
7
ICPUSDT.1DOn the daily chart for Internet Computer (ICP/USDT), the price action is showing signs of a potential trend reversal. After a period of decline, indicated by the descending trendline, there's a notable bullish candle that has broken through this trendline, which might suggest the beginning of an upward movement. The price is currently at $15.566, with the next key resistance level at $17.734. If the price can sustain above the trendline and move past this resistance, it could indicate a stronger reversal and the beginning of an uptrend. The support level at $10.954 is critical; holding above it is important for the bullish case. For traders considering a long position, entry near the breakout with a stop loss below the most recent swing low could be a strategy, aiming for targets at the resistance level and potentially higher if the trend continues. Conversely, a drop below the support level may signal a false breakout and a resumption of the bearish trend. As always, monitoring volume for confirmation and employing proper risk management is advisable.
by MarsSignals
ICP/USDT Shows the price will back test before back to upward!💎 Paradisers, the recent market dynamics surrounding #ICP have indeed been noteworthy. 💎 Previously, when ICP hit the support, it bounced back, and now it appears that the price will retest the support area. However, if ICP fails to bounce, the next likely stop is the Bullish OB area. 💎 A potential scenario could see a strong bounce if ICP reaches the Bullish OB area. If this occurs, there's a possibility that the price will resume its upward movement and head towards the strong resistance. This aligns with the overall bullish trend, characterized by consistent higher highs. 💎 On the other hand, if ICP breaks below the Bullish OB, it may signal a shift to bearish sentiment, resulting in continued downward movement. MyCryptoParadise iFeel the success🌴
by MyCryptoParadise
ICP- Correction over and rise to 22 next?As you're aware, I've been very bullish on BINANCE:ICPUSDT during this bull cycle, consistently predicting growth, with the last target at the 20 zone already achieved. Following this encounter with resistance, the coin began to reverse course, entering a correction phase, and yesterday it reached support at the 15 zone. I believe the correction may be over now, and I anticipate a new upward movement, possibly reaching levels around 22.
Long
by Mihai_Iacob
6
Estimating fair value for ICP (short, medium and long-term)Some notes on ICP’s future price potential. I’ve been trying to get a sense for the price gains we may expect from ICP going forward. Obviously – given the mountain of innovation that the project team has already delivered – the project is greatly undervalued, but what would fair value look like? I think a good metric to use is Market Dominance, expressed as the percentage of the total crypto market value (or top X crypto stocks) that the fully diluted market cap of ICP contributes. Currently that’s about 0.32%. Looking at historic stats of market dominance of other ‘key’ coins, this is low. TON is sitting around 0.8%, MATIC historically reached up to 1.25%, AVAX up to 1.32%, DOT up to 2.25%, SOL up to 3.6%, ADA up to 4.5%, XRP up to 30%. ETH is currently sitting at ~16%. So, in acknowledgement of the enormous amount of work and development being generated by the team in the ICP ecosystem, it’d be reasonable to expect ICP’s market dominance to significantly increase going forward. Without going crazy, I think 3-5% is achievable in the medium- to long-term. And that’s in a rapidly growing market… bringing us to the second metric I wanted to talk about: Crypto Total Market Cap. Currently the entire crypto market is valued at ~US$2.66 Trillion. That’s approximately equal to the market cap of Apple (US$2.62 T) – one single company! So where can the crypto total market cap head to from here? Finding a reasonable ballpark may require having a look at the dot com bubble back in 1999, which topped at something like US$13 T, loosing US$5 T in value in two years. So perhaps US$7-8 T is not too silly as a short- to medium term target (considering a 2024 dollar is worth not much more than 50 cents in 1999) and perhaps double or triple that for the long-term as the crypto market gets a proper foothold in the world economy. So where that leave us ICP hodlers? Well, if we combine the awesome potential of ICP in shaping the crypto world going forward (market dominance) and the growth in the crypto ecosystem as a whole (crypto total market cap), it may not be insane to expect ICP to increase in value by 10x in the relative short term, 25-50x in the medium term and potentially 100+x in the long term, provided the project continues the course and does become a major crypto leader. As depicted in this figure. Hodl those ICP!!
BINANCE:ICPUSDLong
by Fractaleer
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.
Long
by MyCryptoParadise_Simon
2
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 $15.442. Should it struggle to recover from there, further decline may be imminent. Stay vigilant and adaptable as we closely monitor developments.
Long
by MyCryptoParadise_Simon
14
ICP Road Map🗺️!!! situation+next targets.Hi. COINEX:ICPUSDT Today, I want to analyze ICP for you in a 3D time frame so that we can have a mid-term view of ICP regarding the technical analysis. (Please ✌️respectfully✌️share if you have a different opinion from me or other analysts). Bullish pennant is on the table on 3D timeframe🔍 Looking for a break out and more upside📈 ✅ Due to the Ascending structure of the chart... - High potential areas are clear in the chart. - AB=CD - Ascending pennant Stay awesome my friends. _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ ✅Thank you, and for more ideas, hit ❤️Like❤️ and 🌟Follow🌟! ⚠️Things can change... The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
Long
by CobraVanguard
1
Internet Computer ($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.
Long
by DEXWireNews
9
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.
Long
by Z4F4R