ICP on a Bullish Run: Price Soars Towards First ResistanceInternet 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 a correction could always occur.
One thing is for certain: Internet Computer is a must watch closely in the coming weeks and months.
ICPUSDT
Growth target for Internet Computer ICP price 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 the price of the Internet Computer token will be able to reach $21-23 in this race.
However, it is also likely that some holders will start selling their ICPs in the range of $15-22 at the price at which they bought them two years ago and sat through a significant deposit drawdown.
If you believe that the Internet Computer project is reviving and has good prospects for the future, then place a pending order to buy ICP around $6 and wait.
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ICP Huge Accumulation - Target ~$55ICP 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!
Cryptolean Internet Computer ICP UpdateICP 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 price action will be choppy and (2) a slow move to $12.06.
Bears will be more active towards $10 upon a bearsih break-out of $12.06.
Cryptolean Chainlink $ICP Update 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 break-out of $12.06 will push ICP price in the bearish territory and will increase probability of a deeper correction towards the key support zone at$9.66-$10.33 and, possibly, lower to $8.06.
Intraday Chart
The ICPUSDT 4-Hour chart is bearish and trading very close to the key intraday support zone at $10.62-$11.43.
(1) A rejection of $12.58 or (2) a bearish dip and a bullish rejection of $10.62-$11.43 will lead to a upward move towards $13.54 and, possibly, higher to $15.32.
A bullish break-out of $12.58 will push price to re-test $13.54 and possibly $14.43.
Support once read!
Thank you.
⚡ ICP (Internet Computer) Trade Setup ⚡📊 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 resistance around $14.00 - $15.75 and the next area at $22.00 - $23.50.
Stop Loss: Set the stop loss just below $10.60 to manage potential losses.
🌐 Note: Always stay informed about market conditions and adjust your strategy accordingly.
ICP - Easy +40%? 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 higher.
I expect once we break the resistance 14.50-15.50, then we are going to fill the gap in the blue box around 19.70 - 20.70.
Watch closely once we breakdown the red trendline then we have lost both the 20 & 50 EMA and things will get little bit complicated and we should consider sell.
ICP Secondary trend wedge zone in accumulation channel 10 2023Secondary 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 trend. Accumulation channel.
About mani management in working now on similar medium and low liquidity cryptocurrencies read in the description of this trading idea: RLC/USDT Secondary trend. Decline -63% Wedge. 10 2023
ICP Road Map🗺️!!! situation+next targets.Hi.
BINANCE:ICPUSDT
Today, I want to analyze ALPHA for you in a 3D time frame so that we can have a mid-term view of ALPHA regarding the technical analysis. (Please ✌️respectfully✌️share if you have a different opinion from me or other analysts).
Bullish pennant is on the table on 3D timeframe🔍
Looking for a break out and more upside📈
✅ Due to the Ascending structure of the chart...
- High potential areas are clear in the chart.
- AB=CD
- Ascending pennant
Stay awesome my friends.
_ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _
✅Thank you, and for more ideas, hit ❤️Like❤️ and 🌟Follow🌟!
⚠️Things can change...
The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
#ICP/USDT LONG#ICP
We have been in a descending triangle since the beginning of the month on a 4 H frame
After the previous rise, it is expected to continue rising
We have upward momentum and support from a good area
Current price 9.15
First goal 9.61
The second goal is 10.50
The third goal is 11.55
ICPUSDT Elliott Waves Analysis (Investment Idea)Hello friends.
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Everything on the chart.
Buy zone: 8.5 - 6.5
Targets: 25 - 50 - 90
Cancellation of setup - consolidation under ~3.5
RR: 1 to ~22
risk is justified
Good luck everyone!
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It's not financial advice.
DYOR!
ICP Price Analysis: Bullish Breakout Signals Potential 76% UpswICP has been on a tear since breaking out of its weekly accumulation box. The price has surged over 50% in just a few days and is now approaching its next major resistance level at $13.61.
A bullish engulfing candle on the weekly chart suggests that the bulls are in control and that the price is likely to continue its upward trend. If the price can break above $13.61 with conviction, it could open the door for a rally to $76, representing a potential upside of 76%.
However, traders should exercise caution before entering a long position. The cryptocurrency market is notoriously volatile and prices can reverse quickly. A stop-loss order should be placed below $8 to mitigate risk in case of a sudden sell-off.
It is important to note that this analysis is for informational purposes only and should not be construed as financial advice. Always do your own research and consult with a qualified financial advisor before making any investment decisions.
Key Technical Indicators:
Support Levels: $12.00, $10.00
Resistance Levels: $13.61, $15.00, $18.00
Relative Strength Index (RSI): 65 (Overbought)
Moving Average Convergence Divergence (MACD): Bullish crossover
Trading Strategy:
Buy: If the price breaks above $13.61 with conviction.
Target: $76
Stop-Loss: $8
Disclaimer: This analysis is not financial advice. Always do your own research before making any investment decisions
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Internet Computer $13.00 ➥ $23.00The cryptocurrency Internet Computer (ICP/USDT) is forming an interesting entry point for buying upon a price breakout of $13.325 on the Bybit exchange on the 12-hour timeframe.
The stop is set below $12.659.
The nearest target area is $23. The long-term target could reach $99, according to orders on Coinbase.
ICP is moving upwards for stop huntBINANCE:ICPUSDT , experienced a strong downward trend from 2021 to the end of 2023, has continued its upward movement since 2024.
The price, which rose from $3 to $13 in the first months of 2024, is expected to surpass $23 in the coming days, hunting short positions in that level.
Upon reaching this level, it could be expected to rise up to $28.
ICP NEW UPDATEWith the passage of time, the correction structure is now better defined. After the triangle on the left, we have an ABC, which wave B is a diametric diamond.
We are expected to move from supply to demand
The continuation of the icp movement should be like this.
We have specified the targets on the chart.
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You