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After 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...
ICP is of my interest because of the project, the team and their continuous dev activities. In my opinion, after a long period of declining (check my previous trade in the link below), ICP has found its bottom. However, in short and mid-term, ICP is going to consolidate in a range from $3.5 to $7.5. I'm waiting for it to be back in the demand zone to fill my...
Internet 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...
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...
ICP 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 trying to push into the bullish territory in the daily chart above $13.54. A bullish daily candle closure above $13.54 and a sustained price action above this level will result in a move towards the key daily resistance zone of $15.27-$15.94. An inability to sustain the price action above $13.54 will lead to (1) a dip into the daily range zone where ICP...
After a down trend, an accumulation phase is completed and the asset has probably started an up-trend phase.
We have identified a new Order Block on the GU H1 chart. Although this demand level is not particularly robust, we can consider entering a long position with low risk. The risk-reward ratio for this trade is 1:5.
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...
After being unable to re-claim the key resistance zone of $15.27-$15.94 and forming a double top, ICP declined sharply to $12.06, the key daily support. A bullish reversal from $12.06 is likely, assuming we see back bullishness in Bitcoin, and will result in a move to re-test $13.54, however the price action may be slow and choppy. A bearish...
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.
Plotting 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
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📊 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...
Hi, this is my new update for ICP. In the past 2-3 months altcoins have exploded more than 100% each, but ICP has been very stable in this beautiful ascending triangle. As you see we are getting very close to the end of this triangle and we are going to see a big breakout in the next couple of the days. The probability that it will breakout upside is much...
Secondary trend. Work with the breakout of the wedge and the range of the horizontal accumulation channel. The price now (narrowed part of the wedge) is in the capitulation zone, that is, under the support of the accumulation channel. Line chart. of this zone to work. Secondary trend That is, the horizontal accumulation channel. ICP/USDT Secondary...