Internet Computer (ICP)Comprehensive Analysis of ICP
Introduction
The Internet Computer Protocol (ICP) is one of the leading projects in the blockchain space, developed with the aim of creating a decentralized internet. This project enables decentralized applications (dApps) to run directly on the blockchain without relying on centralized infrastructure. Due to these features, ICP has captured the attention of developers and investors alike, showcasing significant growth potential in the future.
From a price perspective, ICP has experienced substantial volatility since its launch. It is currently trading within a medium-term ascending channel, which plays a critical role in determining its future price trend.
🔍 Current Status
At present, ICP has entered a correction phase after encountering a weekly resistance zone at $14.623 - $15.704. It is now approaching the lower boundary of its ascending channel and the key weekly support zone at $6.166 - $6.944, which are crucial for preventing further price decline.
Conversely, significant resistance levels at higher zones could limit the upward momentum of the price.
🚀 Key Levels Analysis
Support Levels:
Lower boundary of the ascending channel
Weekly support zone: $6.166 - $6.944
Resistance Levels:
Daily resistance zone: $11.089 - $11.767
Weekly resistance zone: $14.623 - $15.704
Breaking these resistance levels, accompanied by increased trading volume, could strengthen the bullish price movement.
📈 Entry Strategy and Stop Loss
First Entry Point:
When to Enter: If the price bounces off the lower boundary of the ascending channel and the gray support zone ($6.166 - $6.944), a gradual entry is recommended.
Stop Loss: Below the gray support zone at $6.
Second Entry Point:
When to Enter: If the daily resistance zone ($11.089 - $11.767) is broken, initiating a second entry is advisable.
Stop Loss: Below the gray support zone at $6.
Complementary Entry:
A breakout of the 50-level on RSI can serve as an additional confirmation signal for entry.
🎯 Price Targets
Target 1: $21.158 - $23.555
Target 2: $36.722 - $40.641
Achieving these targets requires a confirmed breakout above the weekly resistance zone ($14.623 - $15.704).
⚠️ Key Considerations
Trading Volume: Resistance breakouts must be confirmed by a significant increase in trading volume.
Risk Management: Gradual entry strategies and defined stop losses are essential for minimizing risk.
Ascending Channel: As long as the price remains above the lower boundary of the ascending channel, the medium-term uptrend remains intact.
Alternative Scenario
If the weekly support zone ($6.166 - $6.944) is broken and a candle closes below it, the price could drop further toward $4.5. In this scenario, exiting long positions is recommended.
🔗 Conclusion
The analysis indicates that ICP holds considerable growth potential. However, maintaining proper risk management and closely monitoring key support and resistance zones is crucial. Entering at support zones with a stop loss below $6 and confirming resistance breakouts with high trading volume can be a solid strategy for investment.
ICP
TradeCityPro | ICPUSDT Early Entry Points👋 Welcome to TradeCityPro Channel!
Let’s update the analysis of ICPUSDT, one of my favorite altcoins. We'll review the new triggers for potential early entries together.
🌐 Overview Bitcoin
Before diving into the analysis, as always, let’s take a look at Bitcoin on the 1-hour timeframe. Bitcoin shows potential for upward movement, as recent candles have pushed its price higher. With increasing volume, it could even set a new ATH. A breakout above the 108454 trigger could present a risky long position with a wide stop-loss.
As Bitcoin’s dominance is rising, this indicates that bullish movements may first occur in Bitcoin. It’s better to focus on Bitcoin or coins with a strong performance relative to Bitcoin.
🕵️♂️ Previous Analysis
In our last analysis, the trigger for a long position was 12.476, but it was never activated. Instead, the price rejected from that level, breaking our lower timeframe trigger. Sellers took control, causing Fibonacci levels to be revisited and the price to move towards the 9.821 support.
📈 Daily Timeframe
Currently, after rejecting the 11.333 resistance, the price has entered a triangle pattern and is consolidating. A breakout from this triangle seems imminent.
When the price rejected from 11.333, we observed increased volume, which isn’t ideal for bullish momentum as it highlights the strength of sellers. However, the price is now sitting on a critical support level, which is also the 0.618 Fibonacci level and the top of the daily box, now acting as daily support.
The daily candle looks promising, sitting on a strong support level. You can consider buying based on this setup, but I prefer to wait for the continuation trendline to break or for the 11.333 trigger to be breached. The 11.333 level is especially significant after the recent rejection. If we see increased volume upon breaking it, I’ll enter a position myself.
For exiting this coin, as long as we remain above $7, I’ll continue holding unless negative news arises. Keep in mind that my entry point is 3.582, which I previously mentioned. Exiting below $7 would still be in profit for me. However, I recommend exiting at current levels if your entry was higher.
⏱ 4-Hour Timeframe
After rejecting the 12.476 level, the price dropped to 9.466, where it seems to have stabilized, and bearish momentum has subsided.
📉 Short Position Trigger
I’ll consider opening a short position if the 9.466 support is broken. Profits from this trade will be used to accumulate more ICP, effectively making my holdings cost-free.
📈 Long Position Trigger
For a risky long position, you can enter after the continuation trendline breaks. Personally, I prefer waiting for the price to reach 11.411 and break that level before entering a long position. This ensures that momentum has entered the coin, allowing me to trade with greater confidence and potentially set a tighter stop-loss.
📝 Final Thoughts
Stay calm, trade wisely, and let's capture the market's best opportunities!
This analysis reflects our opinions and is not financial advice.
Share your thoughts in the comments, and don’t forget to share this analysis with your friends! ❤️
ICP Leading the Way - TP Target $23.04
I am waiting on a pullback to enter ICP as it leads the way with a good increase in volume that hasn't been reflected in most other coins despite their increase in price. Most coins I am seeing overbought signals on the 4 hour suggesting an opportunity for a pull back.
For ICP, I am looking at buys at approx. 11.54 and 10.90 before we keep moving (VWAP's on 4 hr and Daily).
TP's depend on how long you like to hold, Fib Level 1.618 is 23.04 for an optimistic target, most likely TP along the way to this.
Internet Computer in 2025ICP is having a possible bullish scenario as long as it's above the invalidation red lines.
Although the counting of the major (3) is forced, but it's what I find most fitting.
Breaking $9.72 then $6.83 cancels this idea.
Passing $15.89 is a bullish confirmation and would take the price to $40 : $60 as a start.
Public trade #4 - #ICP price analysis ( Internet Computer )It looks like CRYPTOCAP:ICP holders have to wait a little longer (of course, everything is in comparison) before the long-awaited growth begins!)
‼️ Buy zone for OKX:ICPUSDT - $8.20 - 10.50
Another downward correction wave is “asking for it” - if it is weak, then the price of #InternetComputer should not fall below $10.50, and if the alt market is sharply “merged”, then the pending buy order at $8.20 will be just right.
🙏 And then we just have to keep our fingers crossed that #ICP reaches the medium-term target of $40+, and if we're lucky, $50+
_____________________
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Internet Computer $ICPOverview:
FWB:ICP may be the best blockchain technology there is to date. We can thank (or hate) SBF for destroying this chart right out the gate, however the projects fundamentals, developments, and team have not stopped since day one. However, i do not think this bull cycle (unless extended) will be one where we see FWB:ICP 's value really shine. Not to say it wont 5-10X from where it currently is, but this is a 1-5 trillion dollar market cap project in the long term.
Price Action:
Realistically, I see FWB:ICP going as high as $80 in the mid term. We found a demand zone in the $3 area, and have now changed character. there are a few obsticales in the way of going past $80 this cycle including A bearish FVG, some major resisra some major restistance, and the supply zone at 80,.
Take Profit Structure:
Percentages represent growth of total initial investment at current price level.
TP1 - 15% - at $24.14
TP2 - 20% - at $35.39
TP3 - 25% - at $53.58
TP4 - 30% - at $71.79
Will let the last 10% ride.
ICP Growth Outlook: Key Levels You Need to Watch. 12/26/24The price of BINANCE:ICPUSDT ICP, after setting a new high, faced sharp sell-offs and entered a correction, during which it retested a mirror level. At the specified price level, buyers began to show activity, contributing to further price growth. I believe that positions can be confidently accumulated from the current levels up to $9.8.
Targets: $23 - $27.
DYOR.
ICPUSDT Analysis: Key Resistance and Potential DropThe red box marks the first serious resistance point for ICPUSDT. If the price fails to break above this level, it may fall towards the blue box . However, if the price breaks through with volume and retests this level, there’s minimal resistance ahead, and the price could rise significantly.
Key Points:
Red Box: This is the first major resistance. A failure to break it could lead to a drop towards the blue box.
Break and Retest: If the price breaks the red box with volume and retests, it may continue higher due to lack of resistance.
Confirmation Indicators: Validate entries with CDV, liquidity heatmaps, volume profiles, volume footprints , and upward market structure breaks in lower time frames.
Learn With Me: Want to learn how to use CDV, liquidity heatmaps, volume profiles, and volume footprints to identify key demand zones? DM me for details.
If this analysis helps you, please don’t forget to boost and comment. Your support motivates me to share more!
If you think this analysis helps you, please don't forget to boost and comment on this. These motivate me to share more insights with you!
I keep my charts clean and simple because I believe clarity leads to better decisions.
My approach is built on years of experience and a solid track record. I don’t claim to know it all, but I’m confident in my ability to spot high-probability setups.
If you would like to learn how to use the heatmap, cumulative volume delta and volume footprint techniques that I use below to determine very accurate demand regions, you can send me a private message. I help anyone who wants it completely free of charge.
My Previous Analysis
🎯 ZENUSDT.P: Patience & Profitability | %230 Reaction from the Sniper Entry
🐶 DOGEUSDT.P: Next Move
🎨 RENDERUSDT.P: Opportunity of the Month
💎 ETHUSDT.P: Where to Retrace
🟢 BNBUSDT.P: Potential Surge
📊 BTC Dominance: Reaction Zone
🌊 WAVESUSDT.P: Demand Zone Potential
🟣 UNIUSDT.P: Long-Term Trade
🔵 XRPUSDT.P: Entry Zones
🔗 LINKUSDT.P: Follow The River
📈 BTCUSDT.P: Two Key Demand Zones
🟩 POLUSDT: Bullish Momentum
🌟 PENDLEUSDT.P: Where Opportunity Meets Precision
🔥 BTCUSDT.P: Liquidation of Highly Leveraged Longs
🌊 SOLUSDT.P: SOL's Dip - Your Opportunity
🐸 1000PEPEUSDT.P: Prime Bounce Zone Unlocked
🚀 ETHUSDT.P: Set to Explode - Don't Miss This Game Changer
🤖 IQUSDT: Smart Plan
⚡️ PONDUSDT: A Trade Not Taken Is Better Than a Losing One
💼 STMXUSDT: 2 Buying Areas
🐢 TURBOUSDT: Buy Zones and Buyer Presence
🌍 ICPUSDT.P: Massive Upside Potential | Check the Trade Update For Seeing Results
🟠 IDEXUSDT: Spot Buy Area | %26 Profit if You Trade with MSB
📌 USUALUSDT: Buyers Are Active + %70 Profit in Total
🌟 FORTHUSDT: Sniper Entry +%26 Reaction
🐳 QKCUSDT: Sniper Entry +%57 Reaction
📊 BTC.D: Retest of Key Area Highly Likely
I stopped adding to the list because it's kinda tiring to add 5-10 charts in every move but you can check my profile and see that it goes on..
Internet Computer is still consolidating at the bottoms. ICP is creating a structure that should expand as it approaches the consolidation point. Momentum and trend oscillators are still moving to oversold conditions, which could present the best DCA opportunities. In the meantime, keep in mind that the daily is still pushing down, and the 4-hour has reached trading levels. Wait for confirmation.
ICP Under $12: Positioning for a $50 Exit by May!Picked up some BINANCE:ICPUSDT under $12 and will continue adding between $10.5-$12. My target exit is closer to $50, so this is a position trade with a plan to offload everything by May.
I decided to jump in after the retest of the reclaim range low from early 2024, with strong confluence from the moving averages. Looking forward to seeing how this plays out!
ICP | Massive Upside PotentialWe have shared many analyzes here and achieved pinpoint success in most of them.
Have some trust in the brand, this is XU99.
I'm longing from bluebox.
There is a nice volume in ICP. Sounds like it gives a sweet buy on Sunday evening's pullback.
I don't overcomplicate things and add a ton of dirty crap to my charts, but you can check out the success of my analysis below.
I approach trading with confidence backed by experience and past success in identifying high-probability setups.
While I don’t claim to be the best, my track record speaks for itself, and I strive to let my analysis and results do the talking. Watch these levels closely—markets can confirm what charts already whisper. Let’s see how this plays out together.
My Previous Hits
🐶 DOGEUSDT.P | 4 Reward for 1 Risk (or more if you’re bold).
DOGEUSDT.P: Next Move
🎨 RENDERUSDT.P | HTF Sniper Precision
RENDERUSDT.P: Opportunity of the Month
💎 ETHUSDT.P | Buyer Zone So Accurate You’ll Double Check
ETHUSDT.P: Where to Retrace
🟢 BNBUSDT.P | Buyer Zone Mastery (CZ vibes).
BNBUSDT.P: Potential Surge
📊 Bitcoin Dominance | Called it Like a Pro
BTC Dominance: Reaction Zone
🌊 WAVESUSDT.P | The Blue Box: A Demand Zone with Potential
WAVESUSDT.P: Demand Zone Potential
🟣 UNIUSDT.P | Long-Term Trade
UNIUSDT.P: Long-Term Trade
Now sit back, relax, and watch the market do its thing. Or don’t, FOMO is real. 😉
Will ICP reach $40?BINANCE:ICPUSDT was in a downtrend throughout the 2022-2023 period. However, with the start of 2024, the first bullish move pushed the price from $3 to $20.
The selling pressure in the $20-23 range was not surprising, and the resulting decline caused the price to drop by as much as 72%.
The second half of 2024 mostly consisted of consolidation. Following the election results in the United States, the price began trending upward again.
I believe the price will continue its upward movement from the last consolidation zone, first reaching $23 and then potentially moving towards $38.
The positive market sentiment and notable advancements in ICP's use cases will likely support the price.
ICP EOY targets and OctoberHello Tradingview community!
As always: If these patterns I'm showcasing doesn't work as predicted..
then please don't come crying to me (ty) -> NFA DYOR
The chart explains itself pretty much..
We got 2 scenarios for EOY:
Bull target: 15 - 17 dollars
Bear target: 5.5 - 4 dollars
and of course the October target: 9-10 dollars
I think BINANCE:ICPUSDT is a great project/coin overall
But it's simply not the strongest when it comes to price action
- I do believe in the project and i do own a small amount of it
All of this is just an idea that could very simply be WRONG.
NFA DYOR <<<<-----
Alikze »» W | Ascending channel - 1D🔍 Technical analysis: Ascending channel - 1D
- It has been moving in a downward channel on the daily time frame
- After breaking the short-term downward channel, it is currently moving in an upward channel
- According to the momentum at the top of the channel, it can exit the channel with a pullback to the broken structure and continue its growth up to the first supply range as wide as the channel.
- In the future, it can continue its growth by breaking the first supply area to the second supply area.
💎 Alternative scenario: In addition, if the green box area is broken, it can go down with a pullback to the 0.1709 range.
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BINANCE:WUSDT
#ICP/USDT / Ready to go up#ICP
The price is moving in a descending channel on the 12-hour frame and sticking to it well
We have a bounce from the lower limit of the descending channel, this support is at 6.90
We have a downtrend, the RSI indicator is about to break, which supports the rise
We have a trend to stabilize above the moving average 100
Entry price 9.00
First target 9.47
Second target 10.00
Third target 10.50
ICP - Most underrated CryptoICP has been lagging behind the rest of the crypto market recently. I sold some of my DOGE (I had accumulated while it was hated) and added to my ICP. ICP has the best tech, and it really has never had rally which most crypto often have. The RSI is so low and it could move anytime. This is my largest bag and I am patiently waiting. I do not know if we will make a new high but I believe we will get close.
Nothing here is investment advice so please do your research
Don't forget to please like and follow if you agree with the idea.