cryptocurrency

ICON (ICX) Price Prediction 2022 – Will the ICX Hit $5 Soon?

  • ICX bullish price forecast is $0.390 to $2,679.
  • ICON (ICX) may also hit $5 soon.
  • ICX Bearish 2022 Price Prediction is $0.227.

In ICON (ICX) Price Predictions 2022, we use statistics, price patterns, RSI, RVOL and other information about ICX to analyze the future movement of cryptocurrencies.

ICON (ICX) Current Market Status

according to Queen GekkoICON (ICX) price is $0.267570 with a 24-hour trading volume of $3,455,500 at the time of writing. However, ICX is down about 1.2% in the past 24 hours.

Furthermore, ICON (ICX) has a circulating supply of 794,440,401 ICX. ICON (ICX) is traded on cryptocurrency exchanges such as Binance, upbit, OKX, Bithumb and Kraken.

What is ICON (ICX)?

ICON Cryptocurrency (ICX) is a cryptocurrency network launched in 2017 by a South Korean company. The ICON blockchain network facilitates communication and interaction between various other blockchain software.

ICON is a blockchain protocol that allows the creation of decentralized applications. It achieves interoperability as an aggregate chain – a network of interconnected networks that gather all blockchain data into a single layer.

ICON (ICX) Price Prediction 2022

ICON (ICX) occupies the 158th position on CoinGecko at the moment. The ICX price forecast for 2022 is explained below with a daily time frame.

RVN/USDT Bullish Channel Pattern (Source: TradingView)

The above chart of ICON (ICX) has drawn a bullish channel pattern, also known as a bullish channel. The upper and lower trendlines connecting higher tops and higher troughs respectively appear to be moving within an upward slope. This pattern is generally characteristic of an uptrend.

Currently, the ICON (ICX) token is in the $0.273 range. If the pattern continues, ICX price may reach the $0.348 and $0.540 resistance levels. If the trend reverses, the ICX price could drop to $0.268 and $0.228.

ICON Support and Resistance Levels (ICX)

The chart below shows the support and resistance levels for ICON (ICX).

RVN/USDT Support and Resistance Levels (Source: TradingView)

From the above daily time frame, we can clearly interpret the following as the resistance and support levels for ICON (ICX).

resistance level 1 0.390 USD
resistance level 2 $0.607
resistance level 3 $0.955
resistance level 4 1.504 dollars
resistance level 5 $2,679
Support level $0.227
RVN / USDT Support and Resistance Levels

The charts show that ICON (ICX) has taken an uptrend over the past month. If this trend continues, ICX may work in tandem with the bulls taking out the resistance at $2,679.

Accordingly, if investors turn against the cryptocurrency, the price of ICON (ICX) could drop to close to $0.227, which is a bearish sign.

ICON (ICX) Price Prediction 2022 – RVOL, MA and RSI

The symbol’s relative size (RVOL) (ICX) is shown in the chart below. It is an indicator of how the current trading volume has changed over a period of time from the previous trading volume. Currently, ICX’s RVOL is below the cutoff line, indicating weakness of participants in the current trend.

RVN/USDT RVOL, MA, RSI (Source: TradingView)

Also, the moving average (MA) of the symbol (ICX) is shown in the above chart. Notably, ICON (ICX) price is below 50 MA (short term), so it is in a downtrend. Currently, ICX is in a downturn. Therefore, there is a possibility of a reversal of the ICX trend at any time.

Meanwhile, the Relative Strength Index (RSI) for ICX is 41.95. This means that ICON (ICX) is in an oversold state. However, this means that a major reversal of the ICX price may occur in the coming days. Therefore, traders need to trade carefully.

ICON (ICX) Price Forecast 2022 – ADX, RVI

Let’s now take a look at the average trend indicator (ADX) from ICON (ICX). It helps to measure the overall strength of a trend. The indicator is the average of the values ​​of the expanding price range. This system attempts to measure the strength of price action in positive and negative trends using DMI indicators with ADX.

RVN / USDT ADX, RVI (Source: TradingView)

The chart above represents the Icon ADX Indicator (ICX). Currently, the ICX ADX is in the range of 10.274, and therefore it indicates a weak trend.

The chart above also represents the ICON’s Relative Volatility Index (RVI) (ICX). RVI measures the continuous deviation of price changes over a period of time. ICX’s RVI is below 50, which indicates low volatility. In fact, the ICON Relative Strength Index (ICX) is at 41.95 confirming a possible buy signal.

Comparison of ICX, BTC and ETH

The chart below shows a price comparison between Bitcoin (BTC), Ethereum (ETH), and ICON (ICX).

BTC Price Comparison vs ETH VsICX (Source: TradingView)

From the above chart, we can interpret that the price action of ICX is similar to BTC and ETH. This indicates that when the price of BTC and ETH goes up, the price of ICX goes up, and when the price of BTC and ETH goes down, the price of ICX goes down.

ICON (ICX) Price Prediction 2023

If the price action decline completely slows down in momentum and the trend reverses, the ICON (ICX) You’ll likely make $7 by 2023.

ICON (ICX) Price Prediction 2024

With several network upgrades, ICON (ICX) may enter an upward trajectory. If the coin grabs the attention of major investors, ICX could rise to $9 by 2024.

ICON (ICX) Price Prediction 2025

If ICX (ICX) maintains key resistance levels and continues to be recognized as a better investment option among investors over the next seven years, ICX will rise to $11.

ICON (ICX) Price Prediction 2026

If ICX (ICX) maintains key resistance levels and continues to be recognized as a better investment option among investors over the next four years, ICX will rise to $13.

ICON (ICX) Price Prediction 2027

If ICON (ICX) maintains key resistance levels and continues to be recognized as a better investment option among investors over the next five years, the price of ICX will rise to $15.

ICON (ICX) Price Prediction 2028

ICON (ICX) is taking a strong position as a better investment option for the next six years amid the trends in the highly volatile cryptocurrency market. By driving significant price hikes, the ICX will reach $17 in 2028.

ICON (ICX) Price Prediction 2029

If investors flock and continue to place their bets on the ICON (ICX), this will see huge gains. ICX could reach $19 by 2029.

ICON (ICX) Price Prediction 2030

With greater developments in the primary attention token platform, the crypto community may continue to invest in ICX over the next eight years and drive significant price hikes for the token. Thus, the price of ICON (ICX) could reach $21 by 2030.

conclusion

With the continuous improvements in the ICON network, we can say that 2022 is a good year for ICON. Because of this, the bullish price forecast for ICON (ICX) in 2022 is $2,679. On the other hand, the bearish price forecast for ICON (ICX) 2022 is $0.227.

Moreover, with developments and upgrades in the underlying attention token ecosystem, it will help ICX’s performance to reach an all-time high (ATH) of $13.16 very soon. But, it could also reach $5 if investors think ICX is a good investment in 2022.

Instructions

1. What is ICON (ICX)?

ICON is a blockchain protocol that allows the creation of decentralized applications. It achieves interoperability as an aggregate chain – a network of interconnected networks that gather all blockchain data into a single layer.


2. Where can you buy ICON (ICX)?

ICON (ICX) is listed on several cryptocurrency exchanges including Binance, upbit, OKX, Bithumb and Kraken.

3. Will ICON (ICX) reach a new ATH soon?

With the constant advancements and upgrades in the Attention Core Token platform, ICX has a high potential to reach ATH soon.

4. What is the current all-time high (ATH) for ICON (ICX)?

On January 09, 2018, ICON (ICX) reached an all-time high (ATH) of $13.16.

5. Is ICON (ICX) a good investment in 2022?

ICON (ICX) appears to be one of the most profitable cryptocurrencies this year. According to the achievements of Basic Attention Token in the past few months, ICX is a good investment in 2022.

6. Can ICON (ICX) cost $5?

ICON (ICX) is one of the active cryptocurrencies that continues to maintain its bullish state. Finally, if this bullish trend continues, the coin (ICX) will hit $5 soon.

7. What is the price of the ICON (ICX) by 2023?

The price of ICON (ICX) is expected to reach $7 by 2023.

8. What is the price of the ICON (ICX) by 2024?

ICON (ICX) The price is expected to reach $9 by 2024.

9. How much will ICON (ICX) cost by 2025?

ICON (ICX) is expected to reach $11 by 2025.

10. What is the price of the ICON (ICX) by 2026?

The price of ICON (ICX) is expected to reach $13 by 2026.

Disclaimer: The opinion expressed in this graph is that of the author only. It does not represent any investment advice. TheNewsCrypto team encourages everyone to do their own research before investing.

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