Icpusdtanalysis
internet ComputerBig Project here :
What is the Internet Computer (ICP)?
The Internet Computer is the world’s first blockchain that runs at web speed with unbounded capacity. It also represents the third major blockchain innovation, alongside Bitcoin and Ethereum — a blockchain computer that scales smart contract computation and data, runs them at web speed, processes and stores data efficiently, and provides powerful software frameworks to developers. By making this possible, the Internet Computer enables the complete reimagination of software — providing a revolutionary new way to build tokenized internet services, pan-industry platforms, decentralized financial systems, and even traditional enterprise systems and websites. The project was founded in October 2016 by Dominic Williams, and attracted notable interest from the crypto community. DFINITY raised a total of $121 million from contributors such as Andreessen Horowitz, Polychain Capital, SV Angel, Aspect Ventures, Electric Capital, ZeroEx, Scalar Capital, and Multicoin Capital, and several notable early Ethereum supporters.
To make it simple this project is a Decentralised concurent of Microsoft Azure and Google Cloud but in decentralised Version.
Market cap is 6.5 Billions so it's already a big project, can buy it on Binance or Coinbase.
This coin dropped a lot as it seems early investors took some profits.
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Trading Parts :
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Buy Zone 52$ ish ( a bit ) ( wait for break EMA50)
Rebuy Zone 27$ ( Full Buy )
TP1 : 79.5$
TP2 : 129.5$
TP3 : 198$
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Happy Tr4Ding !
ICP 6h Got a bottom and growth to $130 or down again by $10?Although The Internet Computer was founded in 2016, life was started in late 2020 with the launch of the alpha mainnet.
On May 10, 2021, a global decentralized Internet computer with open source was launched.
Each ICP service token holder can control the global Internet computer.
This coincidence of news and action helped the price of ICPUSDT soar to $600, but since then the price has been falling non-stop for 1.5 months.
And yesterday, on June 27, huge volumes appeared on the chart, which can theoretically be regarded as a signal that the bottom has been groped.
If this is the case, then buyers should not be allowed the ICPUSD price to drop below $30-34 in the coming days.
Confirmation of the strength of buyers can provoke further growth in the price of ICPUSDT to the zone of $110-130
A price decrease below $28-30 may provoke a continued fall in the value of the ICP token in search of a bottom, and the next level for a rebound may be $10-11
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