ICPPERP trade ideas
Next pump will melt facesLook at that weekly. Consolidating after exiting the bottoming range in the beginning of the bull market with the seed unlocks going down from 3 to 1 mill coins a month in April. Hesus. This is going to pump.
Probably to $50 without a red week. Im bullish if it wasn't clear enough.
Price breakout, bull momentum incomingBreakout and retest of ascending triangle happening with a sign of strength at the breakout. Retest happening. Would not be surprised to see price hit the local high a few times before smashing to the resistance @23.60 as target one.
Disclaimer: Not financial advice, dyor.
If you have been around you know what ICP can do in a bullLets say that we have a standard bull run and we go to 8 trillion MC for the entire market. And now lets say CRYPTOCAP:ICP captures 2% of that as a normal successful blue chip project. That is 160 bill MC. That is approximately 350 bucks per ICP. Totally realistic.
Lets look at an optimistic scenario. Lets say that crypto surprises everyone to the upside and we go to 14 trillion MC. And lets assume that ICP gets hyped and captures 3% of that. That is 420 bill MC. That is approximately 918 dollars.
Obviously we are not going to sell the top of the moves, but we can manage to sell at 50% off the top.
So for these scenarios to play out, first of all the market needs to go in to a decent to raging bull market. And you need to time the top with your stakes. This requires skill and luck and is not what most people are going to capture.
ICP is coiling for another massive moveICP did more then a 5x from the bottom and is now consolidating at 4x in a bull flag pattern. The next move could be really fast as well. I would be surprised if we double from current prices in just month/ month and a half.
Not that i can do anything about it. Im staked.
$ICP LONG PLAYCRYPTOCAP:ICP settled nicely along the the EMA and Gaussian Channel. This looks to be a solid short term ascending channel. Bulls are gearing up for a break past the $16-$17 range, to apply the pressure.
Looking into ICP's technology, it is nothing short of fascinating in comparison to industry competitors and worth another deep dive by all investors at current prices.
ICP's Potential Disruption in the Cloud Market:Get ready for a shake-up! ICP, a blockchain technology, offers unique features that could disrupt the cloud market:
Sovereign Chains:
Each application enjoys its own secure chain, boosting privacy and control.
Data Ownership:
Users control their data, attracting privacy-conscious organizations.
Community Governance:
Open and transparent governance fosters trust and participation.
Scalability:
Sharding architecture avoids performance bottlenecks.
Dynamic Scaling:
Individual chains scale independently for flexibility.
New Use Cases: Powerful dApps like data marketplaces and secure collaboration platforms emerge.
Interoperability:
Open-source nature attracts developers building cross-chain solutions.
ICP is poised to challenge the status quo.
Vitalik's thoughts
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Disclaimer: This information is for general informational purposes only and should not be construed as financial advice.
ICPWatching ICP charts for a while I have noticed it often likes to break upward from descending wedges. We may be in one now and see a shot upward in the coming days. but, unless we hold this area and break back above $12.20 we are still in a downtrend seeing lower highs and lower lows. If we fall below $9.50 I think we are likely heading to $6.20 support.
IMHO
ICP the best tech in crypto, just bet on itIF ICP gets to what Solana MC was last cycle top aka 77B, its going be worth 170 dollars.
Plot twist, half of the ICP supply is currently staked/locked or in other words can not be sold. Second plot twist with all of the wall street money coming in crypto this cycle, what if the total MC surprises everyone and gets to something crazy like FWB:14T ? Im just throwing out speculation numbers out there but...
You get what im going with this? Making a bet on the most tech advanced crypto on the market with one of the fastest growing ecosystems, that really hant experienced a bull market in its existence until now is not to be faded. Especially when i dont think that the chance of ICP going to 0 is high, because its a real project with a real team, trying to solve real problems.
Things can get out of hand in 2025. If ICP captures a realistic 2.5% dominance (which has been done by a lot of projects in the past) of the speculative Total 14T MC, its equal to 350B MC for ICP. If that happens ICP theoretically can get to 765 USD.
Nothing is for sure obviously, but when you get asymmetric opportunities like this in life, just make a bet, even if its a small % of your portfolio and its very important that you stake it until at least 2025 so you cant paper hand it.