Cryptocurrency

Internet computer prices are expected to reach $13.54 by March 1, 2024.

Disclaimer: This is not investment advice. The information provided is for general purposes only. The information, materials, services and other content provided on these pages do not constitute a solicitation, recommendation, endorsement, or financial, investment or other advice. Please obtain independent professional advice in the form of legal, financial or financial advice before making any investment decisions.

  • Internet Computers gained 4.35% against the US dollar today.
  • ICP/BTC is up 2.02% today.
  • Internet Computers is currently trading at 6.94% below the March 1, 2024 forecast.
  • Internet Computers rose 13.74% last month and was up 99.91% from a year ago.
internet computer prices$12.60
internet computer prediction $13.54 (8.16%)
emotion stress
Fear and Greed Index 74 (Greed)
Key Support Level$12.19, $11.84, $11.61
key resistance level$12.76, $12.99, $13.33

According to Internet Computer Price Forecast, ICP price is expected to rise by 8.16% in the next 5 days.

It is trading at $12.60 after rising 4.35% in the last 24 hours. The coin outperformed the cryptocurrency market as the overall cryptocurrency market capitalization increased by 1.28% during the same period. ICP performed well against BTC today, posting a 2.02% gain against the world’s largest cryptocurrency.

According to the Internet Computer price forecast, ICP is expected to reach a price of $13.54 by March 1, 2024. This means that the price of ICP will increase by 8.16% over the next 5 days.

ICP price prediction chart

Internet computer purchase/sale

What happened to your Internet computer in the last 30 days?

Internet Computer is showing a positive trend, with the coin rising 13.74% in the last 30 days. The medium-term trend for Internet Computers is optimistic, with ICP increasing 169.50% over the past three months. The long-term outlook for Internet Computers is positive, as ICP is currently showing a one-year price change of 99.91%. On this day last year, ICP was traded at $6.30.

Internet Computers reached an all-time high on May 10, 2021, when the ICP price peaked at $497.71. The current ICP cycle high is $16.26 and the cycle low is $2.86. ICP has been showing low volatility recently. The coin’s 1-month volatility is 5.16. The Internet Computer recorded 16 green days in the last 30 days.

Internet Computer Technical Analysis Today – February 25, 2024

The sentiment in the Internet Computer market is currently bullish, with the Fear and Greed indices marked by greed. The most important support levels to watch are $12.19, $11.84, and $11.61, while key resistance levels are $12.76, $12.99, and $13.33.

Optimistic feelings about internet computers

Currently, 25 indicators indicate a bullish outlook for Internet Computers, while 5 indicators indicate a bearish outlook. 83% of indicators favor positive forecasts. Because of this, overall stress Feelings about Internet computers.

The cryptocurrency market is currently experiencing greed.

The current fear and greed index is 74 (Greed)This is a sign that investors have a positive outlook on the market. The Fear and Greed Index is an indicator that measures the sentiment of cryptocurrency investors. While the “Greed” figure suggests that investors are currently optimistic about the cryptocurrency market, it could also be an indication that the market is overvalued. On the other hand, “fear” numbers are a sign that investors are currently hesitant about the cryptocurrency market, potentially representing a buying opportunity.

Internet Computer Moving Averages and Oscillators

Let’s take a look at what some of the most important technical indicators indicate. We will look at key moving averages and oscillators to get a better idea of ​​how Internet Computer is currently positioned in the market.

perioddaily simpledaily indexweekly simpleweekly indices
MA3$10.26 (Buy)$12.76 (sell)
MA5$11.43 (Buy)$12.15 (Buy)
MA10$12.42 (Buy)$10.55 (Buy)
MA21$12.57 (Buy)$8.42 (Buy)-$53.19 (Buy)$8.03 (Buy)
MA50$12.27 (Buy)$6.30 (Buy)-$38.51 (Buy)$6.17 (Buy)
MA100$9.83 (Buy)$5.15 (Buy)-$28.16 (Buy)$3.40 (Buy)
MA200$6.90 (Buy)$4.73 (Buy)
periodvalueaction
RSI (14)45.43neutral
Stoke RSI (14)0.00Buy
Stochastic Fast (14)9.81Buy
Product Channel Index (20)-66.67neutral
Average Direction Index (14)25.38sell
Awesome Oscillator (5, 34)0.84neutral
Momentum (10)-0.55neutral
MACD (12, 26)-0.11neutral
Williams Percentage Range (14)-90.19Buy
Ultimate Oscillator (7, 14, 28)49.21neutral
Volkswagen Ma (10)13.46sell
Hull Moving Average (9)13.67sell
Ilmoku Cloud B/L (9, 26, 52, 26)13.02neutral

The Relative Strength Index (RSI 14) is a widely used indicator to tell investors whether an asset is currently overbought or oversold. Internet Computer’s RSI 14 is 45.43, indicating that ICP is currently Neutral.

The 50-day simple moving average (SMA 50) takes into account the closing prices of Internet computers over the past 50 days. Internet Computer is currently trading below the SMA 50 trendline, which is a bearish signal.

Meanwhile, the 200-day simple moving average (SMA 200) is a long-term trend line calculated by averaging ICP closing prices over the past 200 days. ICP is currently trading below its SMA of 200, which indicates that the market is currently bearish.

Conclusion on Internet Computer Predictions

After considering the above factors, we can conclude that the current forecast for Internet Computer Price Forecast is as follows: stress. ICP needs to increase 8.16% in the next 5 days to hit the $13.54 target. Going forward, it will be important to monitor ICP market sentiment, key support and resistance levels, and other indicators. However, it is important to keep in mind that the cryptocurrency market is unpredictable and that even the largest cryptocurrency assets have high price volatility. Click here for our long-term Internet Computer price forecast.

Disclaimer: This is not investment advice. The information provided is for general purposes only. The information, materials, services and other content provided on these pages do not constitute a solicitation, recommendation, endorsement, or financial, investment or other advice. Please obtain independent professional advice in the form of legal, financial or financial advice before making any investment decisions.

Source: https://coincodex.com/article/38191/internet-computer-prediction-february-25-2024/

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