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- Internet Computer crypto price has jumped by 200% in the past few weeks.
- Internet Computer coin price is near a 52-week high.
Internet Computer (ICP) price has been in a strong bullish trend since November and surged by approximately 200% till now. As we can see on the chart the trend was interrupted near the $15 mark and is currently struggling between $15 and $10 for a month.
After so many attempts, the Internet Computer coin price has failed to sustain the $15 mark which showcases the sellers’ presence. The price is in a bullish trend and it has succeeded in defending the last swing lows indicating buyers’ grip.
Internet Computer crypto price is trading at $12.04 with an intraday loss of 0.66%. The market capitalization of ICP is $5.46 Billion and according to the market cap, Internet Computer ranks 16th in the cryptocurrency market.
RSI is at 50 which has recently dropped from the overbought zone and heading toward the oversold zone. Internet Computer coin is trading over the significant moving average which showcases the bullish trend.
Technical Analysis of ICP Price Over 1-D Time Frame
On a daily time frame, the ICP coin price has been in a bullish trend and rising by taking support on the trendline. Currently, the Internet Computer price is over the trendline and is heading toward the trendline.
If the price takes support on the trendline and forms a bullish candlestick pattern, buying momentum can be seen. But, if the Internet Computer price surpasses the recent swing high, then it may approach the $15.
The ICP price is trading over the trendline and if the price slips below the trendline, selling pressure can be generated and it may fall to the 100-Day moving average.
On the other hand, if the Internet Computer crypto price fails to defend the 100-Day EMA, sellers may dominate which may result in a bearish trend.
The circulating supply of Internet Computer crypto is 457,784,890 ICP and the total supply is 514,112,232 ICP. The fully diluted market capitalization of Internet Computer is $6,137,515,787.
Internet Computer Price Prediction FAQs
What is the ICP price prediction today?
The Internet Computer coin price is predicted to drop 1.16% to reach $11.98 by today.
What is the Internet Computer price forecast for tomorrow?
According to our analysis, the ICP crypto price is forecasted to fall by 3.14% to reach $11.59 by tomorrow.
What is the current ICP sentiment?
The current ICP price prediction sentiment is bullish according to our technical analysis.
What is the ICP price forecast for this week?
Based on our analysis, the Internet Computer crypto price is forecasted to perform negatively. The ICP price may range between $12.29 and $10.93 by the end of this week.
What is the Internet Computer price prediction for this month?
According to the price action, the ICP coin price may consolidate between $12.73 and $9.41 by this month.
Summary
Based on the technical analysis, the Internet Computer (ICP) price is currently in a bullish trend, but it has failed to sustain above the $15 mark. The price is currently trading around $12.04 with a market capitalization of $5.46 Billion, ranking 16th in the cryptocurrency market. The RSI is at 50 and heading towards the oversold zone.
Technical levels
Resistance: $13.00 & $15.00
Support: $10.00 & $8.80
Disclaimer
Investing in cryptocurrencies and other Initial Coin Offerings (“ICOs”) is especially volatile and speculative, and this article does not advise investing in cryptocurrencies or other ICOs. Since everyone is unique, a certified professional should be continually consulted before making any economic decisions.
