Key data points
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About Market Cap ICP, $
Internet Computer is a blockchain protocol aiming to revolutionize the World Wide Web we're used to — its functionality lets developers build decentralized online systems and services without using traditional IT. It's DeFi of IT, letting developers build what they want using smart contracts, which, for example, eliminates the need for firewalls to protect from hacks. In this complex and ambitious ecosystem, its native ICP token provides various opportunities to participate in the network: it allows computation, staking, voting, governance, and ownership. If you're not sure how exactly you'd like to participate, you can start by just watching the current state of the token — to do so, you can use the chart of the ICP market cap we've prepared. Calculated by TradingView, it might give an idea of where the coin is moving and whether you should follow in this direction.
ICP continues to show weakness A detailed technical analysis of ICP reveals a bearish market sentiment. The moving averages and technical indicators indicate a strong sell signal, with no buy indicators in sight.
The RSI, STOCH, and MACD indicators all suggest a bearish trend, with values indicating a sell zone. The ATR value i
ICP Analysis Points to a Downward Trend 📉💸 #InternetComputing My analysis of ICP indicates a downward trend. 📉📊💸 #ICP #Crypto #Analysis #TrendingDown
ICP is in breakout in near termICP is near to breakout. Can see breakout at 6B level and SL at 3.88 level. Traders can take entry with 8B target.
ICP - Could be gearing up for 11+ bil MCICP could be gearing up to hit around a $11.5 billion market cap - which would be my 1st target on a long position. This is taken from the bottom of the trend line of the initial trend, which started it's push from the double bottom @ $3.8 bil MC. If there are a couple of decisive closings above $11
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Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.