ICPUST trade ideas
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 Weekly AnalysisInternet Computer Protocol (ICP) has experienced a remarkable surge, peaking at $19.78, marking an impressive 72.64% increase. This rally commenced following the conclusion of its bearish trend, diverging from the $10.54 price point.
Presently, the price is encountering resistance at $19.772, leading to sideways accumulation, with interim support identified at $18.876. A breach of this level could potentially extend the support retest to $17.216.
Technical indicators and moving averages unanimously indicate a robust buy signal for ICP, projecting favorable prospects in both the midterm and long term.
Crypto ICP to?Currently priced at $19, ICP offers a compelling entry point for investors and enthusiasts alike.
Analysts foresee ICP's price potentially soaring to €200 and beyond, making it an attractive prospect for those seeking long-term investment opportunities.
ICP Ready For A 200% Push Up?ICP is project I have never charted but have alot of interest in the "proclaimed" fundamentals behind it. At least the idea of reverse gas fees and universal integration. Mass adoption would be kin to daily use by the general public... Daily use by the masses with Gas fees? Gas Cost? Understanding? Mass Scale? Good luck...
While ICP may have some of the fundamentals to clear those hurdles at end of the day I am a technical operator and view the chart as the final culmination of all buying and selling decisions. The market could care less about individual interpretations.
It is the collective interpretation that moves price. The collective decision is only available on the chart and the activity of the tape. If the collective agree with the fundamentals they will buy and their buys are recorded on the tape along with the decision to sell.
This is a daily chart using the octave method to measure potential areas of interest in the future. This method works by taking the initial range from any major pivot and expanding that range exponentially into the future in both time and price. The bottom run is set at the high of the first high made after any major pivot and increases in equal increments.
Current Trading Plan:
Hold long for the macro golden pocket in the $35-$50 range. This area also aligns very nicely with the .625 or 5/8ths level on the octave scale. Projected move from current price is approximately 200% IF price continues at the same momentum.
Trade Well...
Your Friend,
Degen
ICP - POTENTIAL 200 - 500% IN THIS ALT SEASON
The sell side liquidity was taken and then very swiftly price surged more than 350%. Here is a crossroad for buyers asking the question such as should I buy here at this point? The answer is YES if you don't mind price retracing to discount ($7.55 - 6.30) and DCAing at discount again especially if you're having FOMO (fear of missing out) and NO if you are a conservative and a patient trader waiting to enter at the discount price (retracement - 50-60% Fibonacci level).
Either way, what is worth noting is that BINANCE:ICPUSDT fall from grace -99.90% from it all time high (ATH) and on this ALT SEASON, based on price action, a retracement to at least 38 - 50% Fibonacci golden level which is approximately 200 - 500% from current price is very possible.
I will keep updating as price develops, stay tuned.
OTHER ANALYSIS
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 back to ATH = 16435% increaseICP is very undervaluated and oversold. It is finally breaking through an important restistance zone with a few small resistances zones to come at the daily graph. But is it worth the risk to sell early?
At the weekly time frame there are no resistance zones.
When ICP is back at it’s ATH it is a potential profit of approx 16435%.
Look into ICP to see the high potential of this project. It’s ranking in the top 10 most highly developed blockchains at the moment.
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!
ICP is gaining momentum with only 2.89% of supply on exchanges Just as the title says more and more people have taken ICP off exchange websites. Coming in a 2.89% of total supply ICP has the least amount of coins available on exchanges out of any other coin in the top 100. Thanks
ICPUSDT.PHello Trader BINANCE:ICPUSDT.P
Previous chart history, the 15,358 area has not been broken through, a potential short area because usually before the rise in resistance the area rejects and returns to the nearest support, I put the max tp area in the nearest support area too.
take profit 15%
stop loss 3.8%
Please add a comment and Positive feedback and constructive criticism are important to authors and the community.
Disclamer: Not Financial Advice
ICP - AI integraticonICP is showing what appears to be an attempt to break out of a Wyckoff channel, indicating the end of a lengthy accumulation process lasting approximately 97 days. It has touched the same support level at least 4 times, accumulating liquidity.
On the technical analysis side, all indicators are showing strong buying pressure and momentum. Additionally, there's a zig-zag ABCD pattern suggesting the price's intention to break out of the accumulation channel.
On the fundamental side:
DFINITY recently announced the integration of DALL-E and GPT-4 Vision Preview into dApps on ICP. Developers can seamlessly incorporate OpenAI’s advanced AI models, DALL-E and GPT-4 Vision Preview, into their dApps on the ICP blockchain through the Juno platform. This integration represents a significant advancement for dApp development.
ICPUSDT"Yeah, it seems like we have a very simple yet insanely powerful **bullish trend** in this hidden treasure. In terms of **geometrical perspective**, we have a fork that has acted like a magnet. The price moved away and aggressively came back inside it, now reacting to it precisely. Since the fork is very effective, influential, critical, and magnetic for the price, we expect it to reach the median line as well. The first price target is around **$25**, and the second is **$45**.
**Bonus**: If ICP (Internet Computer Protocol) is going to be this powerful, we can expect the entire market to follow suit.
Now, we just have to sit on our hands and wait to see how it plays out. From now on, everything else is pure speculation and bias confirmation. So, I would rather shut my mouth and **be patient**."
ICP 4h icp shows a break on triangle pattern
i think every low is a chance for buy to 15 18 20 targets
ICP to holdAfter a down trend, an accumulation phase is completed and the asset has probably started an up-trend phase.
icp inteligentassetBullish scenario
Resistances 12.3, 12.8 in 50 ema, 15.6, 16.5 in 800 ema, 17.69 upper limit channel & horizontal
Bearish scenario
Supports 11.5, 1.57 pivot low, 9.27 horizontal & 200 ema, 7.26
$ICPjust spotted this
invalidation below white line
lots of accumalation lets see where we go will update HTF in a bit
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.
icp inteligentassetBullish scenario
Resistances 13.1 in 50 ema, 15.6, 16.7 in 800 ema, 17.69 upper limit channel & horizontal
Bearish scenario
Supports 12.34, 11.5 lower limit channel, 9.27 horizontal & 200 ema
ICP to 17 dollars ??Based on the chart, $17 per ICP is coming.
We just completed a correction of the impulse cycle from $12, Abc correction completed at $13.9 with out entry at $14.198, Target is $17 then you can also breakeven even and continue HODLing.
As always NFA.
ICPUSDT - Complete Reversal IdeaPlotting theoretical movements out of the long degen bear run and using the current bull structure to its full advantage
A full recovery
AI coins are promising in this environment
⚡ 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.
