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ICPUSD trade ideas

ICP next move predictionBTC dictates the game, as always. There is still a great chance to see the digital gold below 30K and in this case ICP will dive, with support at $65-78 range. If BTC reclaim the $40K and up, expect ICP to explode and near at least the 300 mark. The project is greatly misunderstood or not understood at all. The ICP token can only go up in price when there is enough demand, that's it enough people to believe in it willing to buy(not the case with the late super weak performance), or there is technical demand for icp to be converted into cycles to power up ongoing processes on the mend eco system. Obviously, the second option is the one with some potential and it greatly depends on the team behind, how it will be advertised, pulling developers and slowly going to the surface(next 1-3years). Sporadic pumps of course at any time, but no one really understand them. GBWY
COINBASE:ICPUSD
by CryptonBite
ICP Investment Opportunity The best way to make money in crypto, is to buy good projects early on in launch, and hold for 10 years. Zero trading, buying and not selling. Here we have an innovative brand new project, which claims to be on par with the advent of Bitcoin and Ethereum, as far as it’s innovation in t crypto space, that has just dropped 90% and may drop further to $16 which would be a 97% dip. It’s a great time to buy, and hold this asset for 10 years. This is the point of maximum financial opportunity. From a technical point of view, Trend Based Fibonacci reveals that there is a support level at ~$16. Not wise to wait to buy as we cannot time the market most likely, and we do not want to miss the chance to buy this bottom. Price may dip lower however and it’s possible to Dollar Cost Average in, to get a better price, without trying to time the exact bottom. Good luck and kudos to whoever sees the gold in this opportunity and takes it, and wisely holds for the next decade.
COINBASE:ICPUSDLong
by jacobvonharringa
4
Manipulation much? ICP (imo) has been experiencing heavy manipulation for several weeks now. I'll go over a few of the possible reasons I think this is the case. Very simply, the first is greed. I think this is the root of any manipulation of any market although, there can be other causes at times. The second and more devious, but very possible reason, is threat. ICP presents an industry changing technology that could take power away from those that have it over cloud services and the internet. Just think about this for a minute - BigTech, corrupt government, regulation.. They all have this in common - using the internet as a means to manipulate and control. ICP is taking the control of cloud and internet services out of the hands of any single entity and placing it into the hands of anyone that wants to hold it. Any application or software service or platform doesn't have to worry about being rejected by BigTech or negative influence from high officials (which as we have seen, leads to rejection by BigTech e.g. media, twitter, facebook, amzn, goog) so the theory is this.. possible manipulation coming from any entity that is now at risk of losing control of their monopoly. ICP is what software engineers have been imagining since blockchain tech was introduced by bitcoin. To be able to build and deploy software services and applications to a platform that is managed by the developer himself. To control the internet is to control the world.. and ICP is taking away that control from those that have it.
COINBASE:ICPUSD
by The_Yeager
14
ICP, Triangle-Formation With Potential Breakout Ahead!Hi, Welcome to this analysis about ICP, we are looking at the 4-hour timeframe perspectives. In recent times ICP has moved on to somewhat build a potential bottom in the structure besides that I discovered a interesting formation which is a descending-triangle-formation marked in my chart with the waves A to C almost already completed and now ICP is about to consolidate further in the structure building up for the breakout above the upper-boundary which will finally emerge when ICP moves above the upper boundary and closes there as it is marked in my chart to confirm the breakout-setup and show up with further continuations in which it will approach the upper target-zone from where the dynamic needs to be elevated anew. For now, it will be important how ICP manages the potential breakout as mentioned. In this manner, thank you for watching the analysis and great contentment for everybody supporting, all the best! "Good luck is when opportunity meets preparation." Information provided is only educational and should not be used to take action in the market.
COINBASE:ICPUSD
by VincePrince
3
Internet Computer (ICP) Have We Finally found the Bottom?Internet Computers chart is looking very very juicy from a technical standpoint. A front page cryptocurrency in the top 11, has Coinbase listing, has over a $10 Billion market, was recently dumped, and now going sideways. These kinds of chart setups don't come too often, usually after a cryptocurrency is released, pumped, dumped, then flatlined. It' seems like ICP is holding a sturdy support of $100+ in this Elon Musk engineered bear trend. When Bitcoin temporarily traded at a low of $29,000 from the flash crash; Internet Computer (ICP) did hit an all time low of $89 but it was quickly bought up. But can we go lower? Yes depending on how Bitcoin feels, but so far on Bitcoins worse day ICP traded at an all time low of $89. I do believe ICP will get picked up from these prices in this overall bull market. Like I said I'm keeping a heavy eye on this project and this chart. Cheers! Much peace, love, health, and wealth.
COINBASE:ICPUSDLong
by peacefuljustin
8
ICPUSD ⚡️ For the future $2500-$5k+ "Range 2 - 3 years" The Internet Computer is the world’s first blockchain that runs at web speed with unbounded capacity. It also represents the third major blockchain innovation, alongside Bitcoin and Ethereum — a blockchain computer that scales smart contract computation and data, runs them at web speed, processes and stores data efficiently, and provides powerful software frameworks to developers. By making this possible, the Internet Computer enables the complete reimagination of software — providing a revolutionary new way to build tokenized internet services, pan-industry platforms, decentralized financial systems, and even traditional enterprise systems and websites. The project was founded in October 2016 by Dominic Williams, and attracted notable interest from the crypto community. DFINITY raised a total of $121 million from contributors such as Andreessen Horowitz, Polychain Capital, SV Angel, Aspect Ventures, Electric Capital, ZeroEx, Scalar Capital, and Multicoin Capital, and several notable early Ethereum supporters. In 2018, over 50,000 registerter participants received ICP utility tokens in an airdrop. On December 18, 2020, DFINITY launched the alpha mainnet of the Internet Computer. In a final step towards decentralization, on May 10, 2021, DFINITY launched the Internet Computer into the public domain. This major milestone means that the internet now functions as a decentralized global computer — marked by the release of all of the Internet Computer’s source code into the public domain, as well as ICP utility token allowing tens of thousands of community members to govern the Internet Computer network.
COINBASE:ICPUSDLong
by FAS_BTC
10
ICPUSD Range boundICPUSD seems to be range bound after hitting the overall fib level which is the 1.618 and on the local level it's sitting at the 0.886. You cant confirm that it's technically rangebound on this asset with the data presented but it definitely acted as support before breaking below and haven't retested it since. One could infer that at these levels, Bitcoin willing, that we would see buying pressure come in and we will retest these levels as resistance, confirming the hypothetical range that we could be in. SL and TP levels are highlighted in this position and with this asset I highly recommend using this tight SL with how volatile it is. Best of luck and keep educating yourself! Drop a comment and let me know your ideas!
COINBASE:ICPUSDLong
by YouKnowTheVibes
2
mere speculation of the coming weeks.Hey again, THIS IS TOTALLY just speculation. I'm deciding to trade a bit more on the bearish side. I can't wait for BTC to pick up the pace, but I'm going off of the fib lines and I'm not yet confident it's ready for a bull market. I do sense a generous pull back down into sub 30k levels and as such the alt coins will be affected by this, one of my favorite coins (ICP) that has been trading pretty closely with BTC (though a bit undervalued relative to it, just in my opinion :P ) will likewise decline. of course if the wedge(pennant?) breaks upwards and a trend begins I will trade bullish on ICP and this chart will mean essentially nothing, so do NOT place faith or anything, this literally was thrown together by me ( a rookie) in a matter of 15 minutes. I'm just saving it here more for my own reference :) we'll see what happens! If anyone has any ideas or inputs, let me know! Be safe out there guys, and DON'T OVERLEVERAGE, that's exactly what they want you to do, and why bear markets become so strong. margin calls create a domino effect of more margin calls and the short positions increase and it just continues. Don't become a statistic.
COINBASE:ICPUSD
by scindo
1
bullish falling wedge perhaps.hey there, this is just an idea. (I'm still fairly new to charting) I know the controversy behind ICP that caused such a quick decline, however I think there is an impending breakout, just a gut feeling. As of today (May 26th) Dfinity- the company behind ICP opened a new fund for over 200 million USD for ICP's production, may be a bit of a perk up for it. Of course this is all speculation and I'm not a financial advisor, but even if that doesn't create a bump, it does resemble a falling wedge, at least from my perspective, though I may have charted it wrong because I'm a noob. I welcome input! Thanks everyone.
COINBASE:ICPUSDLong
by scindo
2