InternetComputer
112,520 views
43 Discussing
Hot
Latest
Internet Computer (ICP) Price Prediction: Strong Growth Ahead?
$ICP
Internet Computer (ICP) has seen a remarkable surge in network activity, as evidenced by an 8,870% year-over-year growth in cycles burned. This metric, which represents network revenue, highlights the increasing adoption of ICP-powered decentralized applications (dApps). Such explosive growth suggests that the platform is gaining significant traction among developers and users, fueling optimism about its future price trajectory.
Given the rapid expansion of ICP's ecosystem, demand for its native token is expected to rise. As more developers deploy smart contracts and dApps on the network, the consumption of ICP to generate cycles (computational fuel) will increase. This could lead to higher scarcity and potential price appreciation.
Furthermore, ICP's ability to provide fast, cost-effective, and scalable blockchain solutions positions it as a strong competitor in the Web3 space. If this adoption trend continues, ICP may witness significant price gains in 2024 and beyond. While predicting exact price levels is speculative, many analysts anticipate a potential breakout if adoption accelerates.
However, investors should consider broader market trends, including macroeconomic conditions and Bitcoin’s performance, which heavily influence altcoins like ICP. If the crypto market enters a bullish phase, ICP could experience a substantial rally, possibly surpassing previous highs.
With strong network growth, increasing dApp adoption, and rising demand for cycles, ICP appears poised for an upward trajectory. Investors should closely monitor developments within the ecosystem for further bullish signals.
#icp #InternetComputer #BinanceAlphaAlert #BNBRiseContinues #CZBroccoliMeme
Internet Computer (ICP) has seen a remarkable surge in network activity, as evidenced by an 8,870% year-over-year growth in cycles burned. This metric, which represents network revenue, highlights the increasing adoption of ICP-powered decentralized applications (dApps). Such explosive growth suggests that the platform is gaining significant traction among developers and users, fueling optimism about its future price trajectory.
Given the rapid expansion of ICP's ecosystem, demand for its native token is expected to rise. As more developers deploy smart contracts and dApps on the network, the consumption of ICP to generate cycles (computational fuel) will increase. This could lead to higher scarcity and potential price appreciation.
Furthermore, ICP's ability to provide fast, cost-effective, and scalable blockchain solutions positions it as a strong competitor in the Web3 space. If this adoption trend continues, ICP may witness significant price gains in 2024 and beyond. While predicting exact price levels is speculative, many analysts anticipate a potential breakout if adoption accelerates.
However, investors should consider broader market trends, including macroeconomic conditions and Bitcoin’s performance, which heavily influence altcoins like ICP. If the crypto market enters a bullish phase, ICP could experience a substantial rally, possibly surpassing previous highs.
With strong network growth, increasing dApp adoption, and rising demand for cycles, ICP appears poised for an upward trajectory. Investors should closely monitor developments within the ecosystem for further bullish signals.
#icp #InternetComputer #BinanceAlphaAlert #BNBRiseContinues #CZBroccoliMeme
$ICP
Price Forecast for 2025: A Strong Foundation for Future Growth 📈
Current Price: $7.268 (+2.97%)
Looking ahead to the rest of the year, the price of Internet Computer ($ICP ) will likely be influenced more by technical factors than by any significant fundamental shifts. While the project may see gradual user adoption through the remainder of this year, a major surge in user activity seems unlikely until we enter the next bull market phase.
When analyzing $ICP ’s price chart, it’s clear that the token is currently testing a crucial support/resistance level around $8.50. This level has been a pivotal point for $ICP throughout the year, previously acting as a springboard for a significant rally that pushed the token above $19 in March.
As we move into 2025, $ICP ’s price will likely be driven by a combination of market sentiment, technical analysis, and the broader crypto market's momentum. The future looks promising, with a solid foundation to support future gains once the market enters the next bullish cycle.
#ICP #InternetComputer #CryptoGrowth #PricePrediction #BlockchainInnovation
Price Forecast for 2025: A Strong Foundation for Future Growth 📈
Current Price: $7.268 (+2.97%)
Looking ahead to the rest of the year, the price of Internet Computer ($ICP ) will likely be influenced more by technical factors than by any significant fundamental shifts. While the project may see gradual user adoption through the remainder of this year, a major surge in user activity seems unlikely until we enter the next bull market phase.
When analyzing $ICP ’s price chart, it’s clear that the token is currently testing a crucial support/resistance level around $8.50. This level has been a pivotal point for $ICP throughout the year, previously acting as a springboard for a significant rally that pushed the token above $19 in March.
As we move into 2025, $ICP ’s price will likely be driven by a combination of market sentiment, technical analysis, and the broader crypto market's momentum. The future looks promising, with a solid foundation to support future gains once the market enters the next bullish cycle.
#ICP #InternetComputer #CryptoGrowth #PricePrediction #BlockchainInnovation
🚀 ICP Set to Gain Momentum with DFINITY’s SF Office Launch! 🔥
$ICP
The DFINITY SF Office Grand Opening Celebration is happening on February 12, 2025, and this marks a huge milestone for the Internet Computer ( $ICP ) ecosystem! 🎉
With a new presence in San Francisco, a global tech and Web3 hub, $ICP is poised for:
✅ Increased adoption as developers and projects take notice
✅ Stronger networking with investors, builders, and partners
✅ Boosted visibility in the blockchain space
Over the next week, we could see growing excitement around ICP, potential new collaborations, and increased market attention. 🌍💡 Keep an eye on ICP—big things are coming!
#DFINITY #ICP #Crypto #Blockchain #InternetComputer
$ICP
The DFINITY SF Office Grand Opening Celebration is happening on February 12, 2025, and this marks a huge milestone for the Internet Computer ( $ICP ) ecosystem! 🎉
With a new presence in San Francisco, a global tech and Web3 hub, $ICP is poised for:
✅ Increased adoption as developers and projects take notice
✅ Stronger networking with investors, builders, and partners
✅ Boosted visibility in the blockchain space
Over the next week, we could see growing excitement around ICP, potential new collaborations, and increased market attention. 🌍💡 Keep an eye on ICP—big things are coming!
#DFINITY #ICP #Crypto #Blockchain #InternetComputer
Although the major (3) is forced. #ICP is having a bullish scenario as long as it's above the invalidation red lines.
Breaking $9.72 then $6.83 cancels this idea.
Passing $15.89 is a bullish confirmation and takes the price to $40 : $60 as a start.
#InternetComputer
Breaking $9.72 then $6.83 cancels this idea.
Passing $15.89 is a bullish confirmation and takes the price to $40 : $60 as a start.
#InternetComputer
$ICP is the blockchain for the people. Here's why:
- ICP is the fastest, cheapest, most secure, and most energy-efficient blockchain.
- ICP is designed to save our time, money, enhance our safety, and protect our environment.
- ICP solves real-world problems like cybersecurity, data ownership, centralized AI etc.
- ICP helps startups build end-to-end decentralized solutions without dependency on big tech.
- ICP gives control back to the people through biggest and most functional DAO in human history.
- ICP addresses issues with decentralized money, i.e Bitcoin's slowness and high costs, through its chain-key technology.
Most other blockchains are basically scams, taking hefty gas fees, lacking in data ownership, hosting apps on big tech platforms, and not solving any real-world problems.
#ICP #InternetComputer
- ICP is the fastest, cheapest, most secure, and most energy-efficient blockchain.
- ICP is designed to save our time, money, enhance our safety, and protect our environment.
- ICP solves real-world problems like cybersecurity, data ownership, centralized AI etc.
- ICP helps startups build end-to-end decentralized solutions without dependency on big tech.
- ICP gives control back to the people through biggest and most functional DAO in human history.
- ICP addresses issues with decentralized money, i.e Bitcoin's slowness and high costs, through its chain-key technology.
Most other blockchains are basically scams, taking hefty gas fees, lacking in data ownership, hosting apps on big tech platforms, and not solving any real-world problems.
#ICP #InternetComputer
$ICP /USDT Trading Signal - Strong Rally
Entry Zone: $11.40 - $11.50
Targets:
• Target 1: $11.70
• Target 2: $12.00
Stop Loss: Below $11.20
Internet Computer (ICP) is showing impressive bullish momentum, breaking above resistance levels to hit $11.45. A continuation of this rally could see prices testing $11.70 and $12.00 in the near term.
Failure to hold above $11.40 could result in a minor pullback toward $11.20 before resuming the trend. Watch for high volume to confirm the rally’s strength.
#CryptoTrading #TradingSignals #InternetComputer
Entry Zone: $11.40 - $11.50
Targets:
• Target 1: $11.70
• Target 2: $12.00
Stop Loss: Below $11.20
Internet Computer (ICP) is showing impressive bullish momentum, breaking above resistance levels to hit $11.45. A continuation of this rally could see prices testing $11.70 and $12.00 in the near term.
Failure to hold above $11.40 could result in a minor pullback toward $11.20 before resuming the trend. Watch for high volume to confirm the rally’s strength.
#CryptoTrading #TradingSignals #InternetComputer
The ICP Pulse - S03 E70 - 14/01/2025: Your Comprehensive ICP Market Update
Welcome to the latest edition of The $ICP
Pulse! This is Season 3, Episode 70, where we provide a deep dive into the most recent market insights, technical analysis, and on-chain data surrounding ICP. Let’s get right into it!
1. ICP Price Action Overview
Ethereum may be grabbing headlines, but ICP is also showing promising signs as we approach a critical support zone. The broader market has been lackluster, with Bitcoin (BTC) experiencing volatility, dipping to $90K before bouncing back to $94.9K this morning. As always, altcoins, including ICP, are closely tied to Bitcoin’s performance.
In terms of price levels, ICP seems to be heading towards a solid support zone between $9.5 - $9.89, with potential dips to as low as $9.41 if market conditions turn more volatile. On the upside, we are eyeing a resistance range of $10.5 - $11.0 and a crucial target of breaking through the 200 EMA (around $10.0 - $10.2). Patience is key as we monitor the next moves in the market. As always, this analysis is not financial advice, so please make sure to conduct your own research (DYOR).
2. On-Chain Metrics: A Look at the Data
Internet Identity Count: ICP’s ecosystem continues to grow despite challenging market conditions. Over the past 24 hours, around 800 new entities have joined the network, reinforcing its expansion.
Burned ICP Stats: Approximately 5.9K ICP (valued at $58.4K) has been burned in the last 24 hours, reducing circulating supply and potentially d
riving scarcity.
Neurons Stats: In preparation for governance via the Network Nervous System (NNS), 443 neurons were activated within the last 24 hours, further increasing decentralization.
3. NFT Market Insights
In the NFT space, there have been some notable changes in value:
Motoko Ghosts saw a drop to 28 ICP,
BTC Flower decreased to 29 ICP,
While ICP Flower saw an increase, reaching 7 ICP. These fluctuations showcase the dynamism in the NFT market on ICP, contributing to overall ecosystem engagement.
4. Gainers and Losers
In terms of tokens, Damonic saw a notable gain, up 18.9% at $0.0764, while OpenFPL rose by 4.3%. However, Taggr and ICPCC experienced losses, dipping by 11.8% and 3.8%, respectively. This volatility highlights the risks and rewards present in the ecosystem, making it essential to stay informed.
5. Governance and Proposals
The governance side of ICP remains active, with 5 proposals in the NNS, 9 in OpenChat SNS, and others across various SNS platforms like ICLighthouse and BoomDAO. With a TVL (Total Value Locked) of $2.329 billion, and the launch of initiatives like Canistore SNS Swap and FomoWell SNS Swap, there's plenty of activity for investors and developers to track.
6. Key Ecosystem Updates
There have been significant updates from the DFINITY Foundation, including the launch of the VS Code plug to enhance validations for developers. Additionally, the Foundation is hosting two developer office hours tomorrow. The growing developer community and ecosystem advancements are critical for the continued success of ICP.
That wraps up today’s analysis! There’s always something exciting happening in the ICP ecosystem, and this episode has highlighted key updates, market trends, and governance developments. If you're interested in staying ahead, don’t forget to like and subscribe to keep receiving the best ICP insights.
#ICP #InternetComputer #CryptoMarketUpdate #ICPPriceAction
#NFTs
Pulse! This is Season 3, Episode 70, where we provide a deep dive into the most recent market insights, technical analysis, and on-chain data surrounding ICP. Let’s get right into it!
1. ICP Price Action Overview
Ethereum may be grabbing headlines, but ICP is also showing promising signs as we approach a critical support zone. The broader market has been lackluster, with Bitcoin (BTC) experiencing volatility, dipping to $90K before bouncing back to $94.9K this morning. As always, altcoins, including ICP, are closely tied to Bitcoin’s performance.
In terms of price levels, ICP seems to be heading towards a solid support zone between $9.5 - $9.89, with potential dips to as low as $9.41 if market conditions turn more volatile. On the upside, we are eyeing a resistance range of $10.5 - $11.0 and a crucial target of breaking through the 200 EMA (around $10.0 - $10.2). Patience is key as we monitor the next moves in the market. As always, this analysis is not financial advice, so please make sure to conduct your own research (DYOR).
2. On-Chain Metrics: A Look at the Data
Internet Identity Count: ICP’s ecosystem continues to grow despite challenging market conditions. Over the past 24 hours, around 800 new entities have joined the network, reinforcing its expansion.
Burned ICP Stats: Approximately 5.9K ICP (valued at $58.4K) has been burned in the last 24 hours, reducing circulating supply and potentially d
riving scarcity.
Neurons Stats: In preparation for governance via the Network Nervous System (NNS), 443 neurons were activated within the last 24 hours, further increasing decentralization.
3. NFT Market Insights
In the NFT space, there have been some notable changes in value:
Motoko Ghosts saw a drop to 28 ICP,
BTC Flower decreased to 29 ICP,
While ICP Flower saw an increase, reaching 7 ICP. These fluctuations showcase the dynamism in the NFT market on ICP, contributing to overall ecosystem engagement.
4. Gainers and Losers
In terms of tokens, Damonic saw a notable gain, up 18.9% at $0.0764, while OpenFPL rose by 4.3%. However, Taggr and ICPCC experienced losses, dipping by 11.8% and 3.8%, respectively. This volatility highlights the risks and rewards present in the ecosystem, making it essential to stay informed.
5. Governance and Proposals
The governance side of ICP remains active, with 5 proposals in the NNS, 9 in OpenChat SNS, and others across various SNS platforms like ICLighthouse and BoomDAO. With a TVL (Total Value Locked) of $2.329 billion, and the launch of initiatives like Canistore SNS Swap and FomoWell SNS Swap, there's plenty of activity for investors and developers to track.
6. Key Ecosystem Updates
There have been significant updates from the DFINITY Foundation, including the launch of the VS Code plug to enhance validations for developers. Additionally, the Foundation is hosting two developer office hours tomorrow. The growing developer community and ecosystem advancements are critical for the continued success of ICP.
That wraps up today’s analysis! There’s always something exciting happening in the ICP ecosystem, and this episode has highlighted key updates, market trends, and governance developments. If you're interested in staying ahead, don’t forget to like and subscribe to keep receiving the best ICP insights.
#ICP #InternetComputer #CryptoMarketUpdate #ICPPriceAction
#NFTs
#ICP : Is "Internet Computer" a Good Investment?
$ICP
#ICPBTC
#ICP.
”Should I invest in Internet Computer CryptoCurrency?"
”Should I buy ICPtoday?"
According to our Forecast System, ICP is an acceptable long-term (1-year) investment*.
We predict future values with technical analysis for wide selection of digital coins like Internet Computer. If you are looking for virtual currencies with good return, ICP can be a profitable investment option. Internet Computer price equal to 15.211 USD at 2024-12-07. If you buy Internet Computer for 100 dollars today, you will get a total of 6.574 ICP. Based on our forecasts, a long-term increase is expected, the price prognosis for 2029-12-01 is 33.951 US Dollars. With a 5-year investment, the revenue is expected to be around +123.2%. Your current $100 investment may be up to $223.2 in 2029.
Current Price: 15.211 USD
#InternetComputer Target Price :
Internet Computer price target in 14 days:19.325 USD* upside and 14.266 USD* downside. (Highest and lowest possible predicted price in a 14 day period)
Calculation For Trading:
Resistance Level (R3):16.799
Resistance Level (R2): 16.073
Resistance Level (R1): 15.672
Pivot Point: 14.946
Support Level (S1): 14.544
Support Level (S2): 13.819
Support Level (S3): 13.417
Click Here 👉👉 & Don’t miss a thing! Follow us for all of our latest posts and updates!
#BinanceNextWave
#2024withBinance
Disclaimer: This list is for informational purposes only and should not be considered as investment advice. Cryptocurrency markets are highly volatile, and prices can fluctuate rapidly.
(*) This data could be outdated. Research done on: 07-12-2024
#ICPBTC
#ICP.
”Should I invest in Internet Computer CryptoCurrency?"
”Should I buy ICPtoday?"
According to our Forecast System, ICP is an acceptable long-term (1-year) investment*.
We predict future values with technical analysis for wide selection of digital coins like Internet Computer. If you are looking for virtual currencies with good return, ICP can be a profitable investment option. Internet Computer price equal to 15.211 USD at 2024-12-07. If you buy Internet Computer for 100 dollars today, you will get a total of 6.574 ICP. Based on our forecasts, a long-term increase is expected, the price prognosis for 2029-12-01 is 33.951 US Dollars. With a 5-year investment, the revenue is expected to be around +123.2%. Your current $100 investment may be up to $223.2 in 2029.
Current Price: 15.211 USD
#InternetComputer Target Price :
Internet Computer price target in 14 days:19.325 USD* upside and 14.266 USD* downside. (Highest and lowest possible predicted price in a 14 day period)
Calculation For Trading:
Resistance Level (R3):16.799
Resistance Level (R2): 16.073
Resistance Level (R1): 15.672
Pivot Point: 14.946
Support Level (S1): 14.544
Support Level (S2): 13.819
Support Level (S3): 13.417
Click Here 👉👉 & Don’t miss a thing! Follow us for all of our latest posts and updates!
#BinanceNextWave
#2024withBinance
Disclaimer: This list is for informational purposes only and should not be considered as investment advice. Cryptocurrency markets are highly volatile, and prices can fluctuate rapidly.
(*) This data could be outdated. Research done on: 07-12-2024
#MyFirstFeedPost Hello, Binance Square!
7 coins for completing 7 years with Binance:
1. Ada
2. Dot
3. ICP
4. Erg
5. Alph
6. Clore
7. BTC
Bonus for the 8th year: BTCMeme, listed 7 days ago in uniswap, listed in bitget today, buy it while you can! May be we are looking at the next Bonk! Not financial advice!
#cardano #BTC #internetcomputer #Polkadot #ERG #Alph #Clore
7 coins for completing 7 years with Binance:
1. Ada
2. Dot
3. ICP
4. Erg
5. Alph
6. Clore
7. BTC
Bonus for the 8th year: BTCMeme, listed 7 days ago in uniswap, listed in bitget today, buy it while you can! May be we are looking at the next Bonk! Not financial advice!
#cardano #BTC #internetcomputer #Polkadot #ERG #Alph #Clore
Rollblock’s 2025 Plan Might Overtake Polygon and Internet Computer’s Market Position
Internet Computer (ICP) May Never See 2021 Levels Again
#InternetComputer has also had a difficult month, losing over 25% of its value to find support at $10.79. The current market cap of Internet Computer is just over $5.1 billion, securing Internet Computer a place at number 29 in the CoinMarketCap top 50 crypto rankings.
Internet Computer is still an incredible 98% away from its all-time high of $700, recorded in May 2021. Internet Computer bulls clearly have a long way to go and will need to bring sustained buying pressure to even begin to reclaim these levels from the previous bull run.
#hurryup #Buytime
$ICP
Internet Computer (ICP) May Never See 2021 Levels Again
#InternetComputer has also had a difficult month, losing over 25% of its value to find support at $10.79. The current market cap of Internet Computer is just over $5.1 billion, securing Internet Computer a place at number 29 in the CoinMarketCap top 50 crypto rankings.
Internet Computer is still an incredible 98% away from its all-time high of $700, recorded in May 2021. Internet Computer bulls clearly have a long way to go and will need to bring sustained buying pressure to even begin to reclaim these levels from the previous bull run.
#hurryup #Buytime
$ICP
$ICP
The price is currently following the roadmap as per the white scenario. Other interpretations are possible but the white scenario is preferred. The price has now reached the 138% extension level, which is an ideal target for a third wave. Should wave (4) start from here, then $9.40 and $11.36 is support. Another upside extension to $18 or higher is probable in wave (3).
#ICPCoin #InternetComputer
The price is currently following the roadmap as per the white scenario. Other interpretations are possible but the white scenario is preferred. The price has now reached the 138% extension level, which is an ideal target for a third wave. Should wave (4) start from here, then $9.40 and $11.36 is support. Another upside extension to $18 or higher is probable in wave (3).
#ICPCoin #InternetComputer
$ICP /USDT Daily Chart Analysis – Bearish Pressure Increasing 📉🚨
Current Price: $6.866 (-8.29%)
Daily Range: High $7.491 – Low $5.585
📊 Key Technical Insights:
🔹 Trend & Price Action:
ICP is in a downtrend, facing strong bearish momentum.
Trading below all key moving averages, signaling continued downside risk.
🔹 Moving Averages (MA):
❌ Bearish: SMA 5, SMA 10, SMA 20, SMA 50 → All SMAs are in a downtrend.
🔹 Momentum Indicators:
RSI (19.33): Oversold, suggesting a potential bounce, but no confirmation yet.
Stochastic RSI: Bullish crossover, hinting at a possible short-term relief rally.
MACD: Bearish crossover, confirming strong downward pressure.
🔹 Other Indicators:
ADX Bearish Crossover: Indicates strong bearish trend.
MFI (Money Flow Index): Oversold, signaling exhaustion of selling pressure.
VWAP (Volume Weighted Average Price): Uptrend, slight divergence from price action.
📉 Resistance & Support Levels to Watch:
🚀 Key Resistance: $7.50, $8.00
📉 Key Support: $6.00, $5.50
⚠️ Outlook & Trading Plan:
✅ Bullish Scenario: If ICP holds above $6.00 and sees buying volume increase, a recovery towards $7.50–$8.00 is possible.
⚠️ Bearish Risk: A break below $6.00 could trigger further selling pressure down to $5.50 or lower.
📢 Conclusion: ICP is in a strong bearish trend, but oversold conditions could lead to a short-term bounce. Traders should wait for confirmation before entering new positions.
🔥 Follow me for the latest trends and analysis! 🚀📊
#ICPUSDT #InternetComputer #CryptoTrading #TechnicalAnalysis #Bearish
Current Price: $6.866 (-8.29%)
Daily Range: High $7.491 – Low $5.585
📊 Key Technical Insights:
🔹 Trend & Price Action:
ICP is in a downtrend, facing strong bearish momentum.
Trading below all key moving averages, signaling continued downside risk.
🔹 Moving Averages (MA):
❌ Bearish: SMA 5, SMA 10, SMA 20, SMA 50 → All SMAs are in a downtrend.
🔹 Momentum Indicators:
RSI (19.33): Oversold, suggesting a potential bounce, but no confirmation yet.
Stochastic RSI: Bullish crossover, hinting at a possible short-term relief rally.
MACD: Bearish crossover, confirming strong downward pressure.
🔹 Other Indicators:
ADX Bearish Crossover: Indicates strong bearish trend.
MFI (Money Flow Index): Oversold, signaling exhaustion of selling pressure.
VWAP (Volume Weighted Average Price): Uptrend, slight divergence from price action.
📉 Resistance & Support Levels to Watch:
🚀 Key Resistance: $7.50, $8.00
📉 Key Support: $6.00, $5.50
⚠️ Outlook & Trading Plan:
✅ Bullish Scenario: If ICP holds above $6.00 and sees buying volume increase, a recovery towards $7.50–$8.00 is possible.
⚠️ Bearish Risk: A break below $6.00 could trigger further selling pressure down to $5.50 or lower.
📢 Conclusion: ICP is in a strong bearish trend, but oversold conditions could lead to a short-term bounce. Traders should wait for confirmation before entering new positions.
🔥 Follow me for the latest trends and analysis! 🚀📊
#ICPUSDT #InternetComputer #CryptoTrading #TechnicalAnalysis #Bearish
Internet Computer Targets $79.57 Amid Strong Momentum and Breakout Recovery
Internet Computer breaks a multi-year downtrend and eyes a potential 750% rally toward $79.57 resistance.
Higher lows and rising volume support ICP’s bullish momentum, signaling a strong recovery after the October 2022 breakout.
Consolidation above key trendlines suggests resilience, with traders targeting a breakout beyond the $79.572 resistance level.
The price of Internet computers (ICP) continues to display remarkable recovery, fueled by a breakout and consistent higher lows. ICP has changed into a positive structure after a protracted decline from late 2021 to 2022.
The resistance level of $79.572, a key target in its current climb, is being watched carefully by analysts.
A Multi-Year Downtrend Breaks
Between 2021 and late 2022, ICP faced a relentless bearish trend characterized by lower lows and declining trading activity. However, October 2022 marked a pivotal moment as the cryptocurrency broke above its descending trendline.
This breakout ignited renewed buying interest, supported by rising trading volume. The shift from a downtrend to bullish territory signaled the end of ICP’s prolonged slump.
Consequently, the price embarked on an upward journey with sustained higher lows. By mid-2023, a strong upward trendline became apparent, reinforcing the bullish momentum.
Additionally, trading volume spiked during key trendline tests, indicating growing market participation.
Momentum Builds Toward Critical Resistance
The $79.572 price level emerged as a resistance point during ICP’s upward rally. After testing this zone, the price experienced a minor pullback. However, it stabilized above higher support levels, affirming market strength.
Besides, the consolidation near this region suggests potential accumulation, setting the stage for another breakout attempt.
Moreover, ICP’s higher lows underline its bullish trajectory. This upward momentum aligns with an anticipated 750%
#icp #ICPCoin #InternetComputer #altcoins #CryptoNews
Internet Computer breaks a multi-year downtrend and eyes a potential 750% rally toward $79.57 resistance.
Higher lows and rising volume support ICP’s bullish momentum, signaling a strong recovery after the October 2022 breakout.
Consolidation above key trendlines suggests resilience, with traders targeting a breakout beyond the $79.572 resistance level.
The price of Internet computers (ICP) continues to display remarkable recovery, fueled by a breakout and consistent higher lows. ICP has changed into a positive structure after a protracted decline from late 2021 to 2022.
The resistance level of $79.572, a key target in its current climb, is being watched carefully by analysts.
A Multi-Year Downtrend Breaks
Between 2021 and late 2022, ICP faced a relentless bearish trend characterized by lower lows and declining trading activity. However, October 2022 marked a pivotal moment as the cryptocurrency broke above its descending trendline.
This breakout ignited renewed buying interest, supported by rising trading volume. The shift from a downtrend to bullish territory signaled the end of ICP’s prolonged slump.
Consequently, the price embarked on an upward journey with sustained higher lows. By mid-2023, a strong upward trendline became apparent, reinforcing the bullish momentum.
Additionally, trading volume spiked during key trendline tests, indicating growing market participation.
Momentum Builds Toward Critical Resistance
The $79.572 price level emerged as a resistance point during ICP’s upward rally. After testing this zone, the price experienced a minor pullback. However, it stabilized above higher support levels, affirming market strength.
Besides, the consolidation near this region suggests potential accumulation, setting the stage for another breakout attempt.
Moreover, ICP’s higher lows underline its bullish trajectory. This upward momentum aligns with an anticipated 750%
#icp #ICPCoin #InternetComputer #altcoins #CryptoNews
🔥Internet Computer (ICP) is positioning itself as a strong contender for significant gains in the coming months, with analysts like Javon Marks projecting a potential 639% surge. This forecast aligns with bullish technical setups and increasing network activity.
Analyst Insights:
Current Price: $10.39
Target Price: $79.57 (Potential 7.3x gain)
Recent Performance: Down 3.62% over the last 24 hours, reflecting broader market challenges.
Key Catalysts: Integration in the Real-World Assets (RWA) market, social media buzz, and increased developer adoption.
Key Technical and Fundamental Highlights:
1. DeFi Ecosystem: ICP's Chain Fusion functionality offers seamless compatibility with Bitcoin and Ethereum, making it a sought-after platform for developers.
2. Network Growth: A 13x increase in activity highlights its growing utility and adoption in decentralized finance.
3. Social Sentiment: Among the top 20 most-discussed cryptocurrencies on social platforms, indicating rising interest.
As the crypto market evolves, ICP's strong fundamentals and technical momentum suggest significant upside potential for both short-term traders and long-term investors. Watch for the breakout level at $79.57 while monitoring market conditions.
#CryptoTrading #ICP #InternetComputer
Analyst Insights:
Current Price: $10.39
Target Price: $79.57 (Potential 7.3x gain)
Recent Performance: Down 3.62% over the last 24 hours, reflecting broader market challenges.
Key Catalysts: Integration in the Real-World Assets (RWA) market, social media buzz, and increased developer adoption.
Key Technical and Fundamental Highlights:
1. DeFi Ecosystem: ICP's Chain Fusion functionality offers seamless compatibility with Bitcoin and Ethereum, making it a sought-after platform for developers.
2. Network Growth: A 13x increase in activity highlights its growing utility and adoption in decentralized finance.
3. Social Sentiment: Among the top 20 most-discussed cryptocurrencies on social platforms, indicating rising interest.
As the crypto market evolves, ICP's strong fundamentals and technical momentum suggest significant upside potential for both short-term traders and long-term investors. Watch for the breakout level at $79.57 while monitoring market conditions.
#CryptoTrading #ICP #InternetComputer
🚀 $ICP is building decentralized cloud solutions. Is Internet Computer the next frontier? 🌐
#InternetComputer #DecentralizedWeb #BinanceSquareFamily
#InternetComputer #DecentralizedWeb #BinanceSquareFamily
$ICP Price Surge: Internet Computer Token Burn Reaches New Heights
The Internet Computer (ICP) token is making waves in the crypto market, marking its third consecutive day of growth. The token surged to an intraday high of $12, a substantial recovery from last month’s low of $8.83. This bullish momentum is supported by a significant uptick in ICP’s token burn rate, signaling robust demand and activity within the ecosystem.
Why is ICP Gaining Momentum?
One of the primary drivers behind ICP’s recent surge is its accelerating burn cycle. According to the latest data, the ICP burn rate has skyrocketed by 8,800% on an annual basis, now standing at over 849 billion cycles, compared to the 90-day average of 512 billion cycles. This sharp increase reflects growing utility and adoption of the token, which is critical for developers and users within the ecosystem.
Additionally, the Internet Computer protocol has reached a record-breaking 879,670 smart contracts (canisters), a massive jump from 374,000 a year ago. This metric showcases the network’s increasing adoption and developer interest.
Ecosystem Growth and Challenges
While the burn rate and smart contract activity signal positive developments, the ecosystem’s growth in decentralized finance (DeFi) remains modest. With only 11 DeFi apps and a Total Value Locked (TVL) of just over $52 million, the Internet Computer network trails far behind leading blockchain networks like Base and Sui.
Despite this, the network’s technical advancements and improved tokenomics are drawing attention. The reduced token supply, due to the intensified burn rate, may contribute to further price stability and potential upward momentum.
ICP Price Analysis
The daily chart for ICP reveals a significant rebound from its December low of $8.83. Several bullish indicators underscore the token’s current momentum:
Resistance Break: ICP has successfully broken above the critical resistance level of $10.97, last tested in July 2024.
Moving Averages: The token has crossed above the 50-day and 200-day Exponential Moving Averages (EMAs), signaling a bullish trend.
Fibonacci Retracement: ICP is trading near the 50% Fibonacci Retracement level, suggesting potential room for further growth.
Double-Bottom Pattern: ICP confirmed a bullish reversal by breaking the neckline resistance at $11.60, following a double-bottom formation at $9.40.
What’s Next for ICP?
With ICP now trading at $12.31 (+14.73%), the next key levels to watch are:
1. $12.85 – Immediate resistance near the upper boundary of the Murrey Math Lines trading range.
2. $14.00 – A psychological and historical resistance level.
3. $15.50 – A potential target if bullish momentum persists.
ICP’s continued growth hinges on its ability to sustain its burn cycle, attract developers, and expand its ecosystem. While challenges remain in DeFi adoption, the token’s technical breakout and network activity suggest that the Internet Computer is far from slowing down.
Conclusion
ICP is showing strong signs of recovery, backed by fundamental and technical factors. As the token continues to outperform in the short term, traders and investors should monitor key resistance levels and ecosystem developments closely.
Disclaimer: This analysis is for informational purposes only and does not constitute financial advice. Always do your own research before making investment decisions.
#ICP #InternetComputer #CryptoNews #CryptoTrading #DeFi
Why is ICP Gaining Momentum?
One of the primary drivers behind ICP’s recent surge is its accelerating burn cycle. According to the latest data, the ICP burn rate has skyrocketed by 8,800% on an annual basis, now standing at over 849 billion cycles, compared to the 90-day average of 512 billion cycles. This sharp increase reflects growing utility and adoption of the token, which is critical for developers and users within the ecosystem.
Additionally, the Internet Computer protocol has reached a record-breaking 879,670 smart contracts (canisters), a massive jump from 374,000 a year ago. This metric showcases the network’s increasing adoption and developer interest.
Ecosystem Growth and Challenges
While the burn rate and smart contract activity signal positive developments, the ecosystem’s growth in decentralized finance (DeFi) remains modest. With only 11 DeFi apps and a Total Value Locked (TVL) of just over $52 million, the Internet Computer network trails far behind leading blockchain networks like Base and Sui.
Despite this, the network’s technical advancements and improved tokenomics are drawing attention. The reduced token supply, due to the intensified burn rate, may contribute to further price stability and potential upward momentum.
ICP Price Analysis
The daily chart for ICP reveals a significant rebound from its December low of $8.83. Several bullish indicators underscore the token’s current momentum:
Resistance Break: ICP has successfully broken above the critical resistance level of $10.97, last tested in July 2024.
Moving Averages: The token has crossed above the 50-day and 200-day Exponential Moving Averages (EMAs), signaling a bullish trend.
Fibonacci Retracement: ICP is trading near the 50% Fibonacci Retracement level, suggesting potential room for further growth.
Double-Bottom Pattern: ICP confirmed a bullish reversal by breaking the neckline resistance at $11.60, following a double-bottom formation at $9.40.
What’s Next for ICP?
With ICP now trading at $12.31 (+14.73%), the next key levels to watch are:
1. $12.85 – Immediate resistance near the upper boundary of the Murrey Math Lines trading range.
2. $14.00 – A psychological and historical resistance level.
3. $15.50 – A potential target if bullish momentum persists.
ICP’s continued growth hinges on its ability to sustain its burn cycle, attract developers, and expand its ecosystem. While challenges remain in DeFi adoption, the token’s technical breakout and network activity suggest that the Internet Computer is far from slowing down.
Conclusion
ICP is showing strong signs of recovery, backed by fundamental and technical factors. As the token continues to outperform in the short term, traders and investors should monitor key resistance levels and ecosystem developments closely.
Disclaimer: This analysis is for informational purposes only and does not constitute financial advice. Always do your own research before making investment decisions.
#ICP #InternetComputer #CryptoNews #CryptoTrading #DeFi
Can anyone help me with #InternetComputer ( ICP) analysis .
I'm Worried about #ICP . I was a very new trader when I invested in ICP at the High market price during the 2021 #BullRun .
So I Have #hold it for Upcoming Bull Run .
so dear expert please help me know the ICP price prediction in this upcoming Bull Run in #2025
I'm Worried about #ICP . I was a very new trader when I invested in ICP at the High market price during the 2021 #BullRun .
So I Have #hold it for Upcoming Bull Run .
so dear expert please help me know the ICP price prediction in this upcoming Bull Run in #2025
🔥 Internet Computer. (ICP) Aiming for 639% Surge: Analyst Insights
Internet Computer (ICP) is gaining notice in the crypto market as it prepares for a possibly huge breakthrough. Popular crypto analyst Javon Marks has tweeted that ICP is displaying strong bullish indications supported by good positive volumes.
Potential 7.3x Surge Places ICP on the Radar
Marks notes that ICP can aim for a breakout level of $79.57, which is already more than 639% apart from its present price. This estimate points to a possible rise of more than 7.3x, so this coin should be watched in the next months.
Meanwhile, as of writing, ICP is swapped hands at about $10.39, dropping 3.62% over the last 24 hours. Reflecting the difficult market conditions, this slump has driven the market cap below the $5 billion mark.
Notwithstanding this, ICP’s special qualities and growing acceptance in important industries help to maintain the hope for its long-term future.
ICP has especially been becoming popular in the Real-World Assets (RWA) market. According to a CNF prior report, among the top 20 cryptocurrencies most mentioned on social media are Internet Computer Protocol, projects like Chainlink (LINK), Avalanche (AVAX), and VeChain (VET). This buzz on social media emphasizes its increasing importance and acceptance among the crypto enthusiasts.
Furthermore appealing is ICP’s significant increase in network activity during the past year. The growing need for compatible DeFi solutions has mostly fueled this expansion. As we previously reported, its Chain Fusion ICP function has been very important since it thirteen times increases network activity.
ICP is a good platform for DeFi applications since this unique ability guarantees flawless compatibility with main blockchain ecosystems like Bitcoin and Ethereum. More developers and projects are so looking to the Internet Computer to use its sophisticated features.
#ICP #InternetComputer
Internet Computer (ICP) is gaining notice in the crypto market as it prepares for a possibly huge breakthrough. Popular crypto analyst Javon Marks has tweeted that ICP is displaying strong bullish indications supported by good positive volumes.
Potential 7.3x Surge Places ICP on the Radar
Marks notes that ICP can aim for a breakout level of $79.57, which is already more than 639% apart from its present price. This estimate points to a possible rise of more than 7.3x, so this coin should be watched in the next months.
Meanwhile, as of writing, ICP is swapped hands at about $10.39, dropping 3.62% over the last 24 hours. Reflecting the difficult market conditions, this slump has driven the market cap below the $5 billion mark.
Notwithstanding this, ICP’s special qualities and growing acceptance in important industries help to maintain the hope for its long-term future.
ICP has especially been becoming popular in the Real-World Assets (RWA) market. According to a CNF prior report, among the top 20 cryptocurrencies most mentioned on social media are Internet Computer Protocol, projects like Chainlink (LINK), Avalanche (AVAX), and VeChain (VET). This buzz on social media emphasizes its increasing importance and acceptance among the crypto enthusiasts.
Furthermore appealing is ICP’s significant increase in network activity during the past year. The growing need for compatible DeFi solutions has mostly fueled this expansion. As we previously reported, its Chain Fusion ICP function has been very important since it thirteen times increases network activity.
ICP is a good platform for DeFi applications since this unique ability guarantees flawless compatibility with main blockchain ecosystems like Bitcoin and Ethereum. More developers and projects are so looking to the Internet Computer to use its sophisticated features.
#ICP #InternetComputer
See original
It looks like the holders of $ICP have to wait a little longer (of course, everything is in comparison) before the long-awaited growth begins!)
Buy zone for #ICPUSDT - $8.20 - 10.50
Another correction wave down is "imposing" - if it is weak, then the price of #InternetComputer should not fall below $10.50, and if the alt market is sharply "drained", then a pending order to buy at $8.20 will be just right.
🙏 And then all that remains is to keep our fingers crossed that the price of #ICPCoin reaches the medium-term target of $40+, and if we are lucky, then $50+
Buy zone for #ICPUSDT - $8.20 - 10.50
Another correction wave down is "imposing" - if it is weak, then the price of #InternetComputer should not fall below $10.50, and if the alt market is sharply "drained", then a pending order to buy at $8.20 will be just right.
🙏 And then all that remains is to keep our fingers crossed that the price of #ICPCoin reaches the medium-term target of $40+, and if we are lucky, then $50+