I'm heavily invested in ICP and most of it is locked up for a minimum of 8 years, so yes, I'm biased... I think this has got to be THE most undervalued project in all of crypto.
And so I'm perpetually disappointed with the uninspiring ICP/USD chart. What IS going on with that? Nothing to hold onto, nothing to indicate the price is coiling up, ready to spring out...
What is Internet Computer Protocol? (ICP)
Summary of Internet Computer Protocol
The Internet Computer Protocol offers a quick and efficient blockchain to enable decentralized Web3 services.
ICP is Internet Computer network’s native utility token that is used to facilitate the network’s governance and reward network participants.
Internet Computer uses...
Clearly a big move will be coming at the end of March - beginning of April.
Insane Clown Posse will be no joke for April Fools.
A top pick in crypto-space!
Watching for evidences wave 2 finished 10.55.
Clearing 15.83 we will focus to the upside for wave 3 looking for price to aim for the 1.618 projection multiple between waves 3 and 1.
Internet Computer has been turning lines of resistance into support. It's climbing the latter nicely. If you look at the moving average ribbon the 20-day just bounced off the 50-day and the ribbon looks nice and expanded and ready for a run upward. $37, $58, $87 look like major resistance targets (approx.).
Some notes on ICP’s future price potential.
I’ve been trying to get a sense for the price gains we may expect from ICP going forward. Obviously – given the mountain of innovation that the project team has already delivered – the project is greatly undervalued, but what would fair value look like?
I think a good metric to use is Market Dominance, expressed as...
ICP outside of the top 10 is absurd. It is the only real web 3 platform.
- Where else can you create the backend and frontend of your app on chain?
- Where else do you have an integrated governance system on a code level?
- Where else do you have a BTC and ETH layer 2s integrated at the same time, without using a bridge?
- Where else do you have AI fully on...
ID has printed a 1h sell signal. The price has retraced for a second retest of supply zone. We should get a hard rejection off this area to the previous swing low/demand zone.
ICP the most hated crypto is one I keep stacking. As you can see from the Wyckoff accumulation that we are mimicking exactly what the image shows. The whales accumulating this are hiding their accumulation in plain sight. If we drop a little bit, I will be adding to my very large sacks. Looks like we are in ST phase and ready for a move up with Ethereum...
big volume spike near all time low, leaving the value area to explore price upward,
30.0 is a round and easy reachable level, that would mean about 80% ROI,
stop loss should be below 15.0
Chart looks good...
I feel 30 bucks is a minimum for icp so im allocating 10% of my profile, as a "safe play"
not advice, curious of others thoughts..
thanks
got some at 15.34 and again at 16.xx (for personal reminder)
above 200
lines with mass fib
ypping
good team
thinking 31, but potential for 160s and beyond
high 669 or so
Internet Computer (ICPUSD) is on the 2nd straight green 1W candle following the Higher Low pricing at the bottom of the September 2023 Channel Up. As the 1W MACD posted a Bearish Cross into Bullish Cross, we treat this as the start of the Channel's new Bullish Leg.
The previous Bullish Leg recorded +470% gains. Assuming a similar rise from the Higher Low, we are...
Previous resistance level for ICP has now been broken at= $16.41, which is now acting as our new major Support Level.
Next target= $23.50 which will be our next key resistance level.
Likely to see sideways price action in-between $19 as well to take note of
How I determine the price action.
* tools...
1. SMA's ( simple moving averages)
5,10,15,20,40, section 1
50,75 section 2
200, 233 section 3
2. Fib's
a. Trend fib
b. Retracement fib
3. * Moon phase ( InSillico's 4 season)
4. BTC and news.
I start with where is the price in relation to the 200 SMA on the...
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...
