ICP - Inevitable

Technical analysis:

- ICP has been in the accumulation period since June
- 4.236 Fibonacci retracement of pivot 1 known with 1.0 Fibonacci retracement based on pivot 2 = 400% bullish mark
- If this target breaks, fibonacci retracement of pivot 1 is discarded and becomes valid fibonacci retracement based on pivot 2. Targets represented by red rectangles on the chart
- It is not possible to predict when the accumulation period will be broken, however considering the great chance of cryptocurrencies keeping in the bull market until the end of 2021 and beginning of 2022, so this is the gap that ICP can go to the moon.
- Buy ICP preferably within the accumulation period with sell at 400% target and buy in one of the fibonacci retracement supports based on pivot 1, targeting the values of the red rectangles

Fundamental analysis:

"The network is intended to grow exponentially to support the creation of new decentralised applications (dApps), with 123 data centres running 4,300 nodes by the end of this year. It has set an ambitious plan involving thousands of data centres running millions of nodes, with the goal of creating a new ‘open internet’ within 10 years."
Source: capital.com/internet-computer-icp-price-predictions