cryptocurrency

Internet Computer (ICP) Price Prediction 2022 – Will ICP reach $30 soon?

  • ICP Bullish Price Prediction is $9.91 to dollars26.79.
  • ICP will also be priced at $30 soon.
  • The bearish ICP market price forecast for 2022 is $4.76.

In the Internet Computer Price Prediction (ICP) 2022, we use statistics, price patterns, RSI, RVOL, and other ICP information to analyze the future movement of cryptocurrencies.

Internet Computer (ICP) Current Market Status

according to Queen GekkoInternet Computer (ICP) price is $6.58 with a 24-hour trading volume of $68,633,534 at the time of writing. However, ICP has increased to 2.98% in the last 24 hours.

Furthermore, the Internet Computer (ICP) has a circulating supply of 255,824,925 ICPs. ICP trades on cryptocurrency exchanges such as Binance, OKX, BTCEX, Bitget and BitCoke.

What is an Internet Computer (ICP)?

The Internet is the fastest general-purpose blockchain and infinitely scalable. It also represents the third major innovation in the blockchain, along with Bitcoin and Ethereum. Internet Computer is incubated and launched by DFINITY. The basic idea of ​​ICP is to create a new kind of decentralized internet and global computing system, where independent data centers around the world can band together to create an alternative to the cloud services that power most of the existing internet.

The Internet computer is trying to provide a basic alternative so that developers can create, host and present applications in a more decentralized manner allowing websites to be published directly on the public Internet.

Internet Computer (ICP) Price Forecast 2022

The Internet Computer (ICP) is currently ranked 39th on CoinGecko. The ICP price forecast for 2022 is explained below with a daily time frame.

ICP/USDT Head and Shoulder Pattern (Source: TradingView)

The above ICP chart put the head and shoulder pattern. The head and shoulders pattern is a chart formation that appears as a base line with three peaks, the outer tops are close in high and the middle is higher. The head and shoulders pattern in technical analysis is a specific chart formation that predicts the reversal of an upward to bearish trend.

Currently, an Internet Computer (ICP) is $6.58. If the pattern continues, ICP price could reach the $17.95 and $26.79 resistance levels. If the trend reverses, ICP may drop to $4.76.

Internet computer support and resistance (ICP) levels

The chart below shows the Internet Computer (ICP) support and resistance levels.

ICPUSDT Support and Resistance Level (Source: TradingView)

ICPUSDT Support and Resistance Level (Source: TradingView)

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

  • Resistance Level 1 – $9.91
  • Resistance Level 2 – $14.13
  • Resistance Level 3 – $17.95
  • Resistance Level 4 – $26.79
  • Support Level 1 – $6.93
  • Support Level 2 – $4.76

The charts show that ICP has conducted an upward trend over the past month. If this trend continues, ICP may work in tandem with the bulls breaking the resistance at $26.79.

Accordingly, if investors turn against the cryptocurrency, the ICP price could drop to close to $4.76, which is a bearish sign.

Internet Computer (ICP) Predict 2022 Prices – RVOL, MA and RSI

The relative size (RVOL) of an Internet computer (ICP) is shown in the graph below. It is an indicator of how the current trading volume has changed over a period of time from the previous volume of traders. Currently, the ICP RVOL index is below the cutoff line, indicating the weakness of participants in the current trend.

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

Furthermore, the moving average (MA) of the Internet Computer (ICP) is shown in the above graph. Notably, the ICP price is located slightly below the 50 MA (short-term), so it is completely in a downtrend. Currently, ICP is in a bullish state. There is a possibility to reverse the ICP at any time.

Meanwhile, the ICP Relative Strength Index (RSI) is at 36.21. This means that the ICP is in an oversold state. However, this gives confidence to the traders to trade without any fear.

Internet Computer (ICP) Price Forecast 2022 – ADX, RVI

Let us now look at the Average Directional Index (ADX) for Internet Computer (ICP). 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.

ICP / USDT ADX, RVI (Source: TradingView )

The chart above represents the ADX of the Internet Computer (ICP). Currently, the ICP is in the 17.80 range, which indicates a weak trend.

From the chart above, the Relative Volatility Index (RVI) for Internet Computers (ICP). RVI measures the continuous skewness of price changes over a period of time rather than price changes. The RVI of the ICP falls below 50, indicating low volatility. In fact, the ICP RSI is at 36.21, confirming a possible sell signal.

Comparison of ICP with BTC and ETH

The chart below shows a price comparison between Bitcoin, Ethereum, and Internet Computer (ICP).

BTC Price Comparison vs ETH Vs ICP (Source: TradingView )

From the above chart, we can interpret the movement of ETH, BTC, and ICP moving in a similar direction. This indicates that when the price of BTC increases or decreases, the price of ETH and ICP also increases or decreases, respectively.

Internet Computer (ICP) Price Forecast 2023

If the price movement’s decline completely slows down in momentum and the trend reverses, the Internet Computer (ICP) It could reach $43.5 by 2023.

Internet Computer (ICP) Price Forecast 2024

With many upgrades in the network, the Internet Computer (ICP) may enter an upward trajectory. If the coin attracts the attention of major investors, the ICP could rise to $53.25 by 2024.

Internet Computer (ICP) Price Forecast 2025

If the Internet Computer (ICP) maintains major resistance levels and continues to be recognized as a better investment option among investors over the next three years, the ICP will rise to $67.8.

Internet Computer (ICP) Price Forecast 2026

If the Internet Computer (ICP) maintains major resistance levels and continues to be recognized as a better investment option among investors over the next four years, the ICP will rise to $90.9.

Internet Computer (ICP) Price Forecast 2027

If the Internet Computer (ICP) maintains key resistance levels and continues to be recognized as a better investment option among investors over the next five years, the ICP will rise to $111.89.

Internet Computer (ICP) Price Forecast 2028

If the Internet Computer (ICP) holds a strong position as a better investment option for the next six years, it could see significant price hikes. Thus, by 2028, the price of ICP will reach $ 178.4.

Internet Computer (ICP) Price Forecast 2029

If investors flock and continue to place their bets on the Internet Computer (ICP), this will see huge spikes. ICP may reach 238.4 by 2029.

Internet Computer (ICP) Price Forecast 2030

With the huge advances in the online computer ecosystem, the crypto community may continue to invest in the Internet Computer (ICP) over the next eight years, driving up the price of cryptocurrencies exponentially. Thus, the price of an Internet Computer (ICP) could reach $271.23 by 2030.

conclusion

With the continuous improvements in the Internet computer network, we can say that 2022 is a good year for ICP. For this reason, the bullish price prediction for an Internet Computer (ICP) in 2022 is $27.13. On the other hand, the bearish price prediction for an Internet Computer (ICP) for 2022 is $4.72.

Moreover, with developments and updates in the Internet computer ecosystem, Internet Computer Performance (ICP) may reach $30 to attract the attention of investors. It will also rise to reach an all-time high (ATH) at $700.65 in the near future.

Moreover, with developments and updates in the Internet computer ecosystem, Internet Computer Performance (ICP) may reach $30 to attract the attention of investors. It will also rise to reach an all-time high (ATH) at $700.65 in the near future.

Instructions

1. What is an Internet Computer (ICP)?

The Internet is the fastest general-purpose blockchain and infinitely scalable.

2. Where can you buy an Internet Computer (ICP)?

The Internet Computer (ICP) is listed on several cryptocurrency exchanges including Binance, OKX, BTCEX, Bitget and BitCoke.

3. Will the Internet Computer (ICP) access a new ATH soon?

With the continuous developments and updates within the internet computer platform, the internet computer (ICP) has high accessibility to ATH soon.

4. What is the current highest level (ATH) for an Internet Computer (ICP)?

On May 10, 2021, the Internet Computer (ICP) reached an all-time high (ATH) of $700.65.

5. Is the Internet Computer (ICP) a good investment in 2022?

Internet Computer (ICP) appears to be one of the most profitable cryptocurrencies this year. According to the recorded achievements of Internet computers in the past few months, ICP is a good investment in 2022.

6. Can an Internet Computer (ICP) cost $30?

The Internet Computer (ICP) is one of the active cryptocurrencies that continues to maintain its bullish state. Ultimately, if this upward trend continues, the price of the Internet Computer (ICP) will reach $30 soon.

7. What will be the price of an Internet computer (ICP) by 2023?

The price of an Internet Computer (ICP) is expected to reach $43.5 by 2023.

8. What will be the price of an Internet computer (ICP) by 2024?

The price of an Internet Computer (ICP) is expected to reach $53.25 by 2024.

9. How much will the Internet computer (ICP) cost by 2025?

The price of an Internet Computer (ICP) is expected to reach $67.8 by 2025.

10. What will be the price of an Internet computer (ICP) by 2026?

The price of an Internet Computer (ICP) is expected to reach $90.9 by 2026.

Disclaimer: The opinion expressed in this graph is that of the author only. Not to be construed as investment advice. TheNewsCrypto team encourages everyone to do their own research before investing.

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