Get started
Internet Computer Perpetual FuturesII
DelistedDelistedDelisted

Internet Computer Perpetual Futures

No trades
USDR
USD
No trades
See on Supercharts
Overview News
Ideas
Discussions Markets

ICPPERP trade ideas

ICP Price Prediction: Is $24 Possible In the ICP Price Chart?ICP Price Prediction: Is $24 Possible In the ICP Price Chart? From Q4 2023 to Q1 2024, ICP's price experienced a remarkable 630% gain, rising from $2.8 to $20.87. However, in Q2 2024, the supply zone caused a price deflection, leading to the establishment of a support level at $6.5 by early Q3 2024. As of the last month of Q3, the price has been consolidating into a horizontal narrow wedge, with recent FED news pushing it towards the upper boundary. ICP's price appears to be awaiting a catalyst for a significant move. If a breakout occurs, driven by optimism, it could complete a symmetrical triangle pattern. According to ICP price predictions, a breakout could lead to short-term targets of $10.50 and $11.50. Achieving these targets would establish a Change of Character (ChOCh) above $10.50 and the 200-day EMA band, boosting long-term confidence. In the long term, targets could be set at $15.00, $20.00, and $24.00, respectively. However, if the price fails to show a ChOCh, consolidation might continue, or bearish pressure could push it further down.
COINBASE:ICPUSDLong
by Sam_TCR
Internet Computer (ICP)Internet Computer (ICP) Internet Computer runs on special computing devices known as "node machines". It can be used to create online systems or services without the need of traditional IT. With a market capitalization of $3.34 Billion, it ranks 2nd among the AI tokens and 23rd in the crypto space. Internet computer highlights a consolidation for the last one week near the demand zone. The price lags below all the key exponential moving averages indicating a prevailing bearish trend. Now, a breakout of the consolidation may indicate the end of a correction phase whereas a breakdown of the consolidation may suggest a bearish continuation. The trading volume has surged by nearly 3.8% to $65.8 Million a day. Also, the volume to market cap ratio at 2.26% suggests low volatility.
CLong
by Ritika_TCR
Can Internet Computer protocol Price Show Gains This Week?Can Internet Computer protocol Price Show Gains This Week? Meta Description: Internet Computer price faced a challenging week, ending up near breakeven The weighted sentiment curve has improved indicating a potential recovery in the price. The daily chart showcases a consolidation with a potential breakout or breakdown ahead. Internet Computer price faced a challenging week, ending up near breakeven. The price seemed to be struggling to find a clear direction and was consolidated near the demand zone for the whole week. Despite a positive start of the week, ICP failed to capitalize the gains and was consolidated. Earlier, Internet Computer price noted a strong downturn amid the broader market's weakness. However, a recovery was noted in the market leaders after a crash in which ICP lagged and was consolidated near the support. After a mixed to bearish performance in the first half of August, Investors might be thinking of whether to keep holding ICP or look for a better investment instrument. Let's analyze from a price perspective and try to get a clear picture of where ICP is headed next, bullish or bearish. Weighted Sentiment Curve Indicates A Potential Recovery After a bearish week in the last week, ICP price managed to stay above the support this week indicating a stability in the price. Also, the weighted sentiment curve seemed to be improving in the recent sessions indicating a potential recovery. Source: app.santiment.net The positive sentiment curve has improved due to which the overall sentiment curve has edged closer to the zero line improving from that of a bearish zone as per the sentiment data. The improvement in the weighted sentiment curve indicates that the price may head for a potential recovery in the upcoming sessions. The weighted sentiment curve reflects the combined biasness of the traders and investors. The volume to market capitalization at 1.47% suggests low volatility in the crypto. ICP ranks 24th in the crypto space with a market capitalization of $3.2 Billion. Internet Computer Price Analysis: Breakout Or Breakdown Ahead? The trend analysis highlights a long term bearish trend below the 200 day Exponential moving average. However, the short term trend outlook seemed to be sideways at the moment, majorly depending on a decisive move by ICP. Currently, ICP price seems to be consolidating near the demand, waiting for a directional push. Now, if the price breaks out of a consolidation, it may resume its way for a recovery towards the major $10 level. On the contrary a break below the $6.6 level could initiate another selloff in the crypto. At the time of writing, the RSI line was placed close to 43.7 points and that of the 14 day SMA line was placed at 39.49 points indicating a sideways trend. Moreover, a bullish crossover of both the lines was observed indicating a possible recovery in the upcoming sessions. Internet Computer (ICP) faced a challenging week, ending near breakeven and consolidating near the demand zone. Despite a positive start, ICP failed to capitalize on gains. After a previous downturn, ICP showed stability above support this week, with improving weighted sentiment indicating potential recovery. Moreover, the Long-term trend remained bearish below the 200-day EMA, while short-term trends seemed sideways, awaiting a decisive move. A breakout could push ICP towards $10, while a breakdown below $6.6 could trigger a selloff. RSI and SMA lines suggest a sideways trend with a possible recovery ahead.
CLong
by Ritika_TCR
1
Are Bulls Of ICP Not In Favor Of A Push?Internet computer protocol has a market cap of $5.5 Billion and is ranked 22nd in the cryptoverse. ICP token price is currently trading near $12 with a gain of 146% in the past one year, ICP price is consolidating candles on the daily chart. It is trading below the 50 and 100 EMA which can also act as a resistance for the price. The upside trend of ICP can see a halt near the value of $15. Meanwhile, the support of the asset price can be seen near $10 The RSI of ICP is near 43 with no slope in it. The overall sentiment of the RSI is neutral in nature.
B
by Ritika_TCR
ICP at a crucial level, Is a Bullish Wave On the Horizon? The weighted sentiment data shows an upward trend, reflecting a growing positive outlook among investors. there's an increase in development activities, suggesting significant updates and enhancements are in progress. ICP crypto was hovering at a crucial level, awaiting a definitive direction in its trend. The price has been lingering near the lower edge of a notable pattern on the daily chart. While ICP hasn't seen a significant price surge during the wider market's rebound, certain metrics suggest that a trend reversal could be on the horizon. Let's take a closer look to form a comprehensive view of the potential price trajectory. Improved Weighted Sentiment Curve Could Pave The Way! In recent trading sessions, ICP cryptocurrency has shown a trend that fluctuates between neutral and slightly bearish. Despite this uncertain market behavior, the weighted sentiment indicator has been on an upward trend, consistently enhancing. The general mood among market participants has transitioned from bearish to bullish, with intentions to further elevate the positive trajectory. Weighted Sentiment gauge reflects the prevailing attitude of traders and investors—be it optimistic, pessimistic, or neutral—and aids in gauging the collective market sentiment towards the cryptocurrency. The Rise In Development Activity Suggests A Long Term Growth! The development trajectory clearly indicates that significant enhancements and modifications are being implemented within the cryptocurrency, marking a favorable progression. The development curve has demonstrated robust expansion in recent periods. Furthermore, the development activity signifies the intensity of ongoing endeavors and advancements within the cryptocurrency, highlighting the latest upgrades and alterations. Typically, an upsurge in development activity is associated with a beneficial influence on the cryptocurrency's valuation over an extended timeframe. A Bounce Back From The Lower Levels Could Lead The Trend! The daily chart reveals the formation of a rising parallel channel pattern, with the current price near the channel's lower edge, which has consistently provided support through repeated rebounds. Should the price rebound from this lower edge, it could signal the start of a move towards the channel's upper edge. For short-term traders, the $16 and $20 levels might serve as targets for taking profits. Conversely, if the price fails to gain traction from the lower boundary and breaks lower, this could disrupt the channel's pattern, potentially leading to a decline towards the $11 and $9 levels. Conclusion. ICP crypto has been fluctuating, showing a neutral to slightly bearish trend. However, sentiment indicators are improving, suggesting a shift from bearish to bullish sentiment among investors. Development activity indicates ongoing significant updates, contributing to a positive outlook. Currently, The price is at a key support level within a rising channel pattern. A rebound could lead to a move towards higher resistance levels, with $16 and $20 as potential profit zones. If support fails, the pattern may break, possibly driving prices down to $11 or $9.
CLong
by Ritika_TCR
1