CoinAlertsNow.com News Internet Computer price prediction 2024-2030: Is ICP a good investment?
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Internet Computer price prediction 2024-2030: Is ICP a good investment?


Key takeaways

  • Internet Computer’s price prediction for 2024 projects a maximum price of $9.76.
  • Internet Computer protocol price forecast for 2027 expects the token to reach a peak price of $33.42
  • By 2030, ICP’s price might reach a maximum price of $101.55.

Internet Computer (ICP) is a groundbreaking blockchain network developed by the DFINITY Foundation. It aims to extend the functionality of the internet, enabling it to host backend software, and transforming it into a global, decentralized computer. The network leverages advanced cryptography and innovative technology to provide scalable, efficient, and secure decentralized applications (dApps).

Given its robust technology and expanding utility, the future price prospects for ICP look promising. As more developers build on the platform and adoption increases, the ICP token demand will likely rise.

Will ICP reach $100? Let’s get into the current price analysis and predictions.

Overview

Cryptocurrency Internet Computer
Token ICP
Price $11.52
Market Cap $4,221,720,015.38
Trading Volume $247,455,842.70
Circulating Supply 474,348,593.62 ICP
All-time High $750.73 May 10, 2021
24-h High $11.69
24-h Low $10.72

Internet Computer technical analysis

Metric Value
Price Prediction $31.49  (222.67%)
Volatility 6.16%
50-Day SMA $8.15
14-Day RSI 58.48
Sentiment Bullish
Fear & Greed Index 84 (Extreme Greed)
Green Days 16/30 (53%)
200-Day SMA $9.71

Internet Computer price analysis: ICP shows strong bullish momentum, climbing above $11.52

Key takeaways

  • ICP price analysis is bullish today.
  • ICP resistance and support are present at $11.69,10.72, respectively.

The price movement of Internet Computer (ICP) on November 27 reflects a bullish trend. It started near $10.96, facing minor downward pressure but quickly recovered and established upward momentum. Gradual increases pushed the price past key levels like $11.20, showing consistent buying interest. The price later broke through resistance and reached a high of $11.60, with the current value at $11.52, signaling sustained strength. The bullish movement is characterized by higher lows and steady gains, indicating positive market sentiment for ICP.

ICP 1-day price analysis: ICP rally strengthened by bullish momentum

On the 1-day chart, Internet Computer (ICP) exhibits a strong upward trend, closing at $11.582 with a daily gain of 3.93%. The price reached a high of $11.60, suggesting bullish momentum. This follows a sustained recovery from prior consolidation around the $9-$10 range, with increased buying interest propelling the price toward resistance near $12. Despite facing slight profit-taking, the bulls maintain control, and the upward trend remains intact.

ICP rally strengthened by bullish momentum

The RSI (Relative Strength Index) at 68.40 approaches the overbought zone, signaling strong bullish momentum but cautioning against potential overextension. The MACD (Moving Average Convergence Divergence) histogram shows positive bars, and the MACD line is above the signal line, further confirming bullish sentiment.

ICP price analysis for 4-hour: Stable momentum with signs of bullish potential

The 4-hour chart for Internet Computer (ICP) shows the price is hovering near the $11 mark after a period of upward momentum. Earlier, the price surged toward $12, reflecting increased buying interest, but resistance near this level resulted in some consolidation. Over recent candles, the price has shown stability, with minor fluctuations suggesting a potential buildup for the next move.

Stable momentum with signs of bullish potential for ICP

The RSI is currently at 55.90, indicating a neutral zone but tilting slightly toward bullishness as it hovers above the midline. The MACD reflects a bullish crossover, with the MACD line above the signal line, though the histogram is relatively weak, indicating moderate momentum.

ICP technical indicators: Levels and action

Daily simple moving average (SMA)

Period Value Action
SMA 3 $ 8.63 BUY
SMA 5 $ 8.75 BUY
SMA 10 $ 8.13 BUY
SMA 21 $ 8.16 BUY
SMA 50 $ 8.23 BUY
SMA 100 $ 7.99 BUY
SMA 200 $ 9.71 SELL

Daily exponential moving average (EMA)

Period Value Action
EMA 3 $ 8.06 BUY
EMA 5 $ 8.01 BUY
EMA 10 $ 8.04 BUY
EMA 21 $ 8.17 BUY
EMA 50 $ 8.25 BUY
EMA 100 $ 8.55 BUY
EMA 200 $ 9.15 SELL

What to expect from ICP price analysis

The recent analysis of Internet Computer (ICP) across different timeframes indicates a strong bullish momentum, with the price reaching $11.52. The upward trend in both the 4-hour and 1-day charts suggests growing investor confidence and potential for further gains. The indicators support this bullish outlook, pointing to continued positive movement in the near term. Overall, ICP appears to be on a promising path, with the potential to maintain its upward trajectory if the current market conditions persist.

Is Internet Computer a good investment?

The Internet Computer (ICP) has shown significant potential and volatility since its launch, which is common for relatively new and ambitious blockchain projects. Its technology aims to decentralize the internet and bring smart contract functionality to the web, which could have wide-ranging implications for the future of web speed. However, the market performance of ICP has been highly volatile, and its success depends heavily on the adoption of its technology and the broader market environment for cryptocurrencies.

Will Internet Computer reach $25?

Yes, Internet Computer ICP might reach and surpass $25. Expert analysis shows that ICP could potentially reach $20 by 2026, and $33 by 2028, indicating a strong possibility of exceeding the $25 mark.

Will Internet Computer reach $50?

Yes, Internet Computer is expected to reach $50. Projections for 2029 suggest ICP could reach up to $59.07.

Will Internet Computer reach $100?

Internet Computer is likely to reach $100 by 2030.

Does Internet Computer have a good long-term future?

Yes, Internet Computer shows a promising long-term future. Price predictions indicate steady growth, with a potential increase year-on-year, reflecting a positive trend and strong market potential.

Recent news/opinion on ICP

  • Internet Computer Protocol (ICP) has seen significant growth in cross-chain messaging, with its Chain Fusion protocol experiencing a 1,230% increase in usage, mainly from Bitcoin-native apps like Rainbow Protocol, Tap Protocol, and Bitfinity. These applications leverage ICP’s Chain Fusion to enable smart contracts on Bitcoin without relying on traditional bridges, supporting a more integrated Bitcoin network.
  • As the ICP ecosystem expands, network activity has risen 150% year-over-year, driven by new applications and integrations. Dfinity, the developer of ICP, plans to integrate Chain Fusion with Solana next, capitalizing on Solana’s rapid TVL growth from $250 million to nearly $6 billion in 2023.

Internet Computer price prediction November 2024

In November 2024, ICP is expected to see a price range with a minimum of $6.89, an average of $7.89, and a maximum of $9.76. This forecast suggests a modest increase in ICP’s value, reflecting a potential upward trend in the coming month.

Month Minimum price Average price Maximum price
ICP price prediction November 2024 $6.89 $7.89 $9.76

Internet Computer price prediction 2024

For Q4 of 2024, ICP’s price is projected to range between a minimum of $8.67 and a maximum of $10.76, with an average estimate of $9.08.

Year Minimum price Average price Maximum price
ICP price prediction 2024 $8.67 $9.08 $10.76

Internet Computer price predictions 2025 – 2030

Year Minimum price Average price Maximum price
2025 $12.87 $13.32 $15.47
2026 $19.26 $19.93 $22.23
2027 $28.24 $29.24 $34.42
2028 $40.10 $41.27 $48.11
2029 $59.07 $61.14 $69.84
2030 $89.29 $92.35 $101.55

Internet Computer price prediction 2025

In 2025, analysts suggest a maximum price of $15.47 for ICP. Traders and investors can anticipate an average price of $13.32 and a minimum price of $12.87.

Internet Computer price forecast 2026

In 2026, projections suggest that Internet Computer (ICP) could peak at $22.23, with a minimum forecasted at $19.26 and an average of around $19.93.

Internet Computer token price prediction 2027

In 2027, ICP could potentially reach a high of $34.42, with a projected low around $28.24 and an average trading price of approximately $29.24.

Internet Computer ICP price prediction 2028

The 2028 forecast indicates that ICP could reach up to $48.21, with an average price forecasted at $41.27 and a minimum expected around $40.10.

Internet Computer ICP price prediction 2029

In 2029, ICP is expected to fluctuate between $59.07 and $69.84, with an average projected price of $61.14.

Internet Computer ICP price prediction 2030

By 2030, projections indicate that the price of Internet Computer could potentially achieve a peak price of $101.55 with a projected minimum of around $89.29 and an average of approximately $92.35.

ICP price prediction 2024-2030

Internet Computer market price prediction: Analysts’ ICP price forecast

Firm Name 2024 2025
Changelly $9.93 $10.03
CoinPedia $15 $19.5
Coincu $69.52 $115.87

Cryptopolitan’s Internet Computer (ICP) price prediction

Cryptopolitan’s Internet Computer coin prediction showcases a gradual upward trajectory. In 2024, ICP is forecasted to range between $7.67 and $9.68, averaging around $9.04. Subsequent years show increasing potential, with projections for 2025 aiming at a maximum of $13.47 and averaging $11.32. By 2030, Cryptopolitan anticipates ICP could potentially peak at $92.55, with an average price of around $86.35.

Internet Computer historic price sentiment

ICP Price history
ICP Price history ⏐ Coinmarketcap
  • ICP began trading in June at $49.75. From June to August, it peaked at $128.43 and dropped to $37.61. From September to November, it fluctuated between $39.53 and $45.15, ending November at $38.18. From December to February 2022, it ranged from $18.14 to $24.64.
  • From March to August 2022, ICP declined significantly from $14.55 to $5.66. Between September and November, it continued to drop, ending at $3.52 in November.
  • From March to November 2023, ICP prices remained volatile, fluctuating between $2.88 and $6.49, ending November at $3.77. From December to February 2024, it increased to $12.58 before closing in February at $10.56.
  • From March to May 2024, ICP ranged from $10.70 to $13.98, ending May at $11.21. From June to August, it fluctuated between $5.88 and $13.00 and traded around $9.55 to $9.98 in September.
  • ICP touched a peak price of $8.655 in October and in November, it is currently trading in the $10.72-$11.69 range.



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