ICPUSDT Elliott Waves Analysis (Local Setup)Hello friends.
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Everything on the chart.
Entry: market and lower
Targets: 4.6 - 5 - 5.5
after first target reached move ur stop to breakeven
Stop: under 3.6 (depending of ur risk). ALWAYS follow ur RM .
RR: 1 to 3
risk is justified
Good luck everyone!
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It's not financial advice.
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ICPUSDT trade ideas
ICPusdt all targetsthis analyse for bullrun but i try for short term ppl show targets and 3 first trgets for you think on short term we can go UP
but this for long term and bulrun
REMEMEBER HIGH TARGETS CANT BE HAPPEN ADN I ONLY SHOW ON CHART
I don't think he will be able to return to the previous peaks, but I write those goals that are achievable.
But above 100 dollars is really very difficult
Good luck
EntryPoint:
4.248
3.550
2.823 this so hard but i think total and BTC can more drop and we can enter here
Supports:
2.109
1.810
1.456
Resistances:
4.417
4.725
Targets:
5.252
6.032
6.784
8.425
10.832
MidTime:
14.915
17.621
22.378
HODL:
35.097
48.232
72.385
Others Targets can see on chart but higher100$ is realy hard
GL
ICP LOOKS BULLISH (4H)Hi, dear traders. how are you ? Today we have a viewpoint to BUY/LONG the ICP symbol.
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
ICP/USDT | 1d 👀We are approaching a breakout, if that happens we will see a big up move.
1. Maybe this double bottom + new icp news change everything.
2. But still bearish market and no one can predict what will happen ICP.
✅ Stay updated on market news and developments that may influence the price of InternetComputer. Positive or negative news can significantly impact the cryptocurrency's value.
✅ Exercise patience and discipline when executing your trading plan. Avoid making impulsive decisions driven by emotions, and adhere to your strategy even during periods of market volatility.
✅ Remember that trading always involves risk, and there are no guarantees of profit. Conduct thorough research, analyze market conditions, and be prepared for various scenarios. Trade only with funds you can afford to lose and avoid excessive risk-taking.
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Icp/usdt Plan Icpusdt
As we can see icpusdt looks bearish on daily timeframe , I am expecting price to test the Upper trendline resistance and drop down because here it will face double resistance , trendline + 50ema
Let's see
Note : This Is Just an idea, do your own research before taking any decision and yes if you are satisfied with our work make sure to follow and support us , Thanks
Happy trading
Positive Reaction and Potential for GrowthICP has shown a continuation of its previous trend, reaching the low point known as the ATL (All-Time Low) in the price range of $3.50 to $3.35. Notably, there was a significant positive response when the price touched this area. This led to the activation of many buy orders, causing the currency's value to increase by 30% and reach the range of $4.40.
However, the upward movement faced strong resistance at the midline of the channel, preventing further growth. As a result, there is a possibility that the currency may retest the support levels in the range of $3.70.
To predict future movements, it's essential to observe how the price behaves in the $3.70 range. If there is a positive response in this area and clear signs of a trend reversal on lower time frames, we could expect the formation of a twin bottom pattern, potentially leading to price growth in the coming weeks.
ICPUSDT and a great reason to go higherHello everyone. I really like the ICPUSDT chart, as it clearly shows the breakdown of the trend for a fall, which lasted 3 months. Next, the price made itself a good reason to go to the top, namely a triple bottom. We have been beating the 4.4 level for a long time, so I think that soon we should break through this resistance level and go down to at least 4.9
ICP / USD (Internet Computer) Coin Analysis 26/10/2021Fundamental Analysis:
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.
The purpose of the Internet Computer is to extend the public internet, so it can also be the world’s compute platform. Today, the internet is a network that connects everybody and everything, but systems and services currently run from private infrastructure. The scientific breakthrough behind the Internet Computer is Chain Key Technology, which encompasses dozens of advanced technology such as novel Consensus, Non-Interactive Distributed Key Generation (NI-DKG), Network Nervous System (NNS), Internet Identity, etc. Chain Key Technology consists of a set of cryptographic protocols that orchestrate the nodes that make up the Internet Computer. It is one of the fundamental breakthroughs behind the Internet Computer, enabling it to have a single public key. This is a huge advantage because it allows any device, including smart watches and mobile phones, to verify the authenticity of artifacts from the Internet Computer. In contrast, this is not possible for traditional blockchains. The single public key is just the tip of the iceberg: Chain Key Technology is the engine that drives the Internet Computer and makes its operation possible. It allows for adding new nodes to form new subnets to scale the network infinitely; replacing faulty or crashed nodes with new ones without ever stopping; reviving subnets even if too many nodes within have failed; and upgrading the Internet Computer Protocol seamlessly, allowing the network to fix bugs and add new features. The DFINITY R&D team has invented a new noninteractive key resharing protocol. Each of the old signers only needs to broadcast a single message to the new signers. To ensure that this is done securely, many concepts from advanced cryptography are utilized, including encryption with forward secrecy and noninteractive zero-knowledge proofs. Because it is noninteractive, the way the key resharing protocol operates is ideal for an asynchronous environment, and the benefits include key preservation. Throughout the lifetime of a subnet, it is known by a single public key, and the other parties on the Internet Computer do not have to keep track of changing public keys.
At Genesis on May 10, 2021, the Internet Computer is supported by 48 independent data centers — located across North America, Europe, and Asia — running 1,300 nodes. The network will continue to grow exponentially to support the next generation of mega dapps, with 123 data centers running 4,300 nodes scheduled by the end of the year, and eventually thousands of data centers running millions of nodes to support the decade-long building out of the Open Internet. Importantly, anyone can become a node provider, interested parties apply for a Data Center ID (DCID) to the Network Nervous System (NNS), procure specialized machine nodes, install the ICP protocol, and connects to the Internet Computer network.
The scientific breakthrough called Chain Key Technology allows the Internet Computer to run at web speed — where query calls execute in milliseconds, and update calls take 1-2 seconds to finalize. More importantly, at Genesis, the Internet Computer will have a block rate of 2.5 blocks per second (bps), then quickly to an industry leading bps of 10.3 bps, and ~1,000 bps by end of the year. In the case of an open version of Reddit running on the Internet Computer, when a user browses the forum, customized views of the hosted content would be formulated and served into their web browser by the execution of query calls, which run in milliseconds on a nearby node, providing a fantastic user experience. But when a user wishes to occasionally make a post, or provide a tip of tokens to the author of a post, this would involve update calls, which would take 1–2 seconds.
ICP are native utility tokens that play three key roles in the network:
Facilitating Network Governance: ICP tokens can be locked to create neurons that participate in network governance by voting, through which they can earn economic rewards.
Production of Cycles for Compute: ICP provides a source store of value that can be converted into cycles; which power computation in the role of fuel that is burned when it is used. The NNS converts ICP to cycles at a variable rate, so chosen to ensure users of the network can always create new cycles at approximately constant cost in real terms, such that the cost of acquiring fuel is predictable.
Rewarding Participants: The network mints new ICP to reward and incentivize those playing important roles that enable the network to function, including: a) the provision of voting rewards to those participating in governance, b) the provision of voting rewards; to those operating the node machines hosting the network, and c) other miscellaneous activities.
What Do Cycles Do?
Cycles power computation in the role of fuel. They also have a constant value over the long-term, which contrasts with ICP, whose value will naturally vary over time. Moreover, Cycles will be pegged to the SDR, which is a logical currency unit defined by the International Monetary Fund, and 1 SDR worth of ICP can be converted into exactly one trillion Cycles to power computation.
What Do Neurons Do?
A neuron locks a balance of ICP utility tokens and enables its owner to participate in network governance, through which they can earn voting rewards.
Who Are the Natural Buyers for ICP Tokens?
Token Holders who want to participate in network governance and earn voting rewards
Developers who need to convert ICP tokens into Cycles to pay for computation.
There will be 469,213,710 ICP tokens at Genesis. Circulating supply depends on the dynamics of the market. However, it is approximated to be 26% at Genesis. Genesis Initial State Token Allocations
Early contributors: 9.50%
Seed donations: 24.72%
Strategic: 7.00%
Presale: 4.96%
Strategic partnerships: 3.79%
Community airdrop: 0.80%
Initial community and developer grants: 0.48%
Node operators: 0.22%
Internet Computer Association: 4.26%
Team members: 18.00%
Advisors and other third-party token holders: 2.40%
DFINITY Foundation: 23.86%.
How Does the Internet Computer Network Nervous System Work for Voting?
The NNS works by receiving proposals and deciding to adopt or reject them based on voting activity by neurons; that network participants have created. Neurons are also used by participants to submit new proposals. After submission, proposals are either adopted or rejected, which can happen almost immediately or after some delay, depending on how the totality of neurons vote.
What Are The Prominent Projects In The Internet Ecosystem?
The Internet Computer launched with several high profile entrepreneurs and applications being built on it. These include:
DeFi
Enso Finance – Decentralized exchange that has raised $5mn
Tacen – A high-performance non-custodial exchange that has raised $2.5mn
SailFish – A gateway to open financial services
Social
Distrikt – A decentralized, professional social media network. It is the Open LinkedIn application shown off by DFINITY in Davos at WEF 2020 that is now being taken to market
OpenChat – An open version of your standard chat app that is not owned by a large tech corporation
CanCan – An open version of TikTok that shows the scalability and power of the Internet Computer
Capsule – A decentralized social media platform which is safe from censorship that has raised $1.5mn
Infrastructure
Fleek – Allows easy building of open web sites and applications. 14,000 websites already running Pan-Industry Platforms
Origyn – A pan-industry platform for tracking the provenance of luxury goods, starting with luxury watches.
Dominic Williams is the Founder and Chief Scientist of DFINITY. He is a crypto theoretician, responsible for inventing Threshold Relay, Probabilistic Slot Consensus, and other novel crypto techniques, serial entrepreneur, and early member of the Bitcoin and Ethereum technical communities. Previously, he was President and CTO of String Labs, an incubator for venture-backed crypto projects, early pioneer of DeFi at Mirror Labs, and Founder and CEO of Fight My Monster, a MMO game for children that scaled to millions of users. He also founded several startups such as System7, Airdocs and Smartdrivez. Graduated King’s College London 1st in Class in Computer Science.
What is the DFINITY Foundation?
The Internet Computer was incubated and launched by the DFINITY Foundation, a not-for profit scientific research organization based in Zurich, Switzerland, comprised of the world’s top cryptographers and distributed systems and programming language experts, with nearly 100,000 academic citations and 200 patents collectively. Notable technologists at DFINITY include: Jan Camenisch, PhD (VP of Research) - world-renowned cryptographer & privacy researcher, led IBM’s Cryptography / Research department for 19 years Andreas Rossberg, PhD (Principal Engineer and Researcher) - the co-creator of WebAssembly and former team lead for the Google Chrome V8 engine Ben Lynn, PhD (Sr Staff Engineer and Researcher) - world-renowned cryptographer and Google Engineer, the “L” in BLS cryptography, the key signature system being used in Ethereum 2.0 Jens Groth, PhD (Principal Researcher) - world-renowned cryptographer, known for pioneering non-interactive zero knowledge proofs Timo Hanke, PhD (Principal Researcher) - creator of AsicBoost, one of the few proven algorithmic optimizations for Bitcoin mining Paul Liu, PhD (Staff Engineer) - architected Intel’s Haskell compiler and received his PhD under Paul Hudak, a key designer of Haskell * Johan Georg Granström, PhD (Director of Engineering) - former Sr Staff Software Engineer at Google responsible for scaling YouTube system infrastructure After public launch on May 10, 2021, the DFINITY Foundation will now be one of many organizations committed to improving and maintaining the Internet Computer network.
The current CoinMarketCap ranking is #24, with a live market cap of $8,582,798,715 USD. It has a circulating supply of 174,363,085 ICP coins and the max. supply is not available.
Technical Analysis:
as you can see the coin has fallen heavily since its lunch and now it is literally at its lowest price, based on the valuable fundamentals we have decided to invest on this coin for a long term did.
We have defined 4 new targets with Fibonacci Projection of the past Bullish Run and highest pick and lowest retracement dumps.
The 3 TP gets confirmed as soon as the price touches the 161.8% of the same Fibonacci Projection followed by some retracement and price correction.
4 TP can be easily achieved as soon as the bull run starts and will be taken with some retracements.
we can ultimately target the 2500$ as this is a new and effective environment which is capable of shooting to the higher price of its Initial offering.