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ICPUST trade ideas

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.
Long
by Z4F4R
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. _____________________ Did you like our analysis? Leave a comment, like, and follow to get more
by P_S_trade
9
ICP back to ATH = 16435% increaseICP is very undervaluated and oversold. It is finally breaking through an important restistance zone with a few small resistances zones to come at the daily graph. But is it worth the risk to sell early? At the weekly time frame there are no resistance zones. When ICP is back at it’s ATH it is a potential profit of approx 16435%. Look into ICP to see the high potential of this project. It’s ranking in the top 10 most highly developed blockchains at the moment.
Long
by Soul_Investments
2
ICP - AI integraticonICP is showing what appears to be an attempt to break out of a Wyckoff channel, indicating the end of a lengthy accumulation process lasting approximately 97 days. It has touched the same support level at least 4 times, accumulating liquidity. On the technical analysis side, all indicators are showing strong buying pressure and momentum. Additionally, there's a zig-zag ABCD pattern suggesting the price's intention to break out of the accumulation channel. On the fundamental side: DFINITY recently announced the integration of DALL-E and GPT-4 Vision Preview into dApps on ICP. Developers can seamlessly incorporate OpenAI’s advanced AI models, DALL-E and GPT-4 Vision Preview, into their dApps on the ICP blockchain through the Juno platform. This integration represents a significant advancement for dApp development.
Long
by IvoSqueeze
ICPUSDT"Yeah, it seems like we have a very simple yet insanely powerful **bullish trend** in this hidden treasure. In terms of **geometrical perspective**, we have a fork that has acted like a magnet. The price moved away and aggressively came back inside it, now reacting to it precisely. Since the fork is very effective, influential, critical, and magnetic for the price, we expect it to reach the median line as well. The first price target is around **$25**, and the second is **$45**. **Bonus**: If ICP (Internet Computer Protocol) is going to be this powerful, we can expect the entire market to follow suit. Now, we just have to sit on our hands and wait to see how it plays out. From now on, everything else is pure speculation and bias confirmation. So, I would rather shut my mouth and **be patient**."
Long
by Mohammadhoseyn
ICP technical analysis, buy here for the long term!ICP looks very strong from a technical perspective. We can see that we have started this whole uptrend with an impulse wave 12345, which is very good to see if you are an Elliott Wave trader. We are now in a corrective phase, and usually we want to see a liquidity sweep below the previous wave (4). In this case, below 8.5 USDT - that would be a great level to buy ICP for the long term! What is the Internet Computer and ICP? The Internet Computer blockchain incorporates a radical rethink of blockchain design, powered by innovations in cryptography. It provides the first “World Computer” blockchain that can be used to build almost any online system or service, including demanding web social media, without need for traditional IT such as cloud computing services. As such it can enable full end-to-end decentralization. Why Does the ICP token have value? The ICP token has three main utilities. Firstly, ICP provides a source of “cycles” that are burned to power computation (thus when ICP is converted to cycles, it disappears, creating deflationary pressure). Secondly, ICP can be staked in the permissionless Network Nervous System DAO that governs the Internet Computer blockchain, creating voting neurons that generate voting rewards. Thirdly, ICP plays the role of a store of value, for example allowing users to invest in decentralization sales run by web3 services.
Long
by Xanrox
14
⚡ 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.
Long
by Richtv_official
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
Long
by SpartaBTC
1
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!!
Long
by CobraVanguard
2