Ok folks, we have to look at every possibility for ICP and even though in my opinion this could be the bottom we have to take into consideration of more downside risk.Where could we go?
In this chart you see that we could possibly be in a descending channel. The bottom of that channel places us around $10 right now.
Yes. It sound's insane. A sub $10 ICP but we have to go with what the chart tells us and not with our emotional bias.
I'd encourage you to have some powder in the bag just in case.
I got ICP down to $10.50 (with a good tail wind)...so, yes, I agree
Mattysalads
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Insane? It’s over valued! ICP is at a 4B MC, above Gnosis Chain, Elrond, Theta, Tezos, Harmony, and many more superior, functioning networks that aren’t fraud, clown, or ghost chains. Should be less than 1B before Dfinity get class action’d + SEC’d. That’d put the price @ $5 and under before it goes to a penny post SEC.