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Icx

$ICX - A realistic projectionSadly, too many moonboys in the space who have no idea how market cap works as a function of price. Especially when the supply of a token has since inflated dramatically since the ICO / mania / hype / listing phase. Yes the overall market is growing in market cap - however there are also many more projects competing for said market cap, so it's all relative. Do I think we see ATH this bullseason? Totally. Do I think it happens tomorrow this month ? Unlikely. I do see a pattern that I have laid out, following along the linear regression channel, with a rough elliot wave projection towards 4.50-4.80 area, with support areas shown. The RSI is showing high lowers but lower highs, which may mean momentum is slowing. Either some large fundamental news needs to come for ICX to get an unnaturally large pump in the price (like a coinbase listing for example), or we will likely see quite boring price action here. Then again, there's always the possibility of irrational mania at some point and this could moon sooner, but as always, the easier it comes, the easier it goes, so stay prepared :)
BINANCE:ICXUSDLong
by TheTraderAndy
4
ICX - ICON Alt Coin BUY Trade SetupICX - ICON Alt Coin BUY Trade Setup ICON price today is $1.90 with a 24-hour trading volume of $119,445,970. ICX price is up 1.3% in the last 24 hours. It has a circulating supply of 590 Million ICX coins and a max supply of 800 Million. Binance is the current most active market trading it. ICON is a blockchain technology and network framework designed to allow independent blockchains to interact with each other. ICON is supported through a cryptocurrency token, called ICX. ICON is a South Korean-based company that developed a blockchain technology and accompanying cryptocurrency token called ICX. The company bills itself as an interconnected blockchain network, allowing participants in a decentralized system to “converge” at a central point.
Long
by BeeDayTrader