- ICP coin price shows a strong upside momentum after breaking above the 50MA. It might soon achieve a new high of $150 in the future
- Internet computer prices have started to revive with the rise in BTC . Meanwhile, ICP/BTC pair is seeing a gain of 9% in the daily time frame
ICP coin price is currently in a bullish mode and has seen a gain of more than 90% in the weekly time frame. Internet computer price is trading near the value of $74 with a gain of 9% in the last 24 hours.ICP/BTC pair is also seeing an uptrend and can soon achieve a new high. ICP coin has a negative ROI but can soon see a positive one. The future perspective of the project seems bright. .One can invest in ICP after a positive confirmation and price action.
ICP coin is currently down by more than 90% from it’s all time high. It has a market dominance of more than 0.5% and is ranked 16th in the CMC. The volume of the Internet Computer price along with the market cap has seen an increase in the past 24 hours. Volume to market capitalization ratio of the coin hints towards a strong uptrend in price.
Technical Indicators Of ICP Coin Price Hints A Strong Bullish Momentum For The Future
The weekly technical chart of the ICP coin price hints towards a strong bullish momentum for the future. The price has observed a gain of more than 97% on the weekly time frame. ICP coin price bullish momentum can see a halt near the value of $150. Meanwhile, the bounceback region for the asset price can be seen near $50. Internet Computer price is currently trading above the 50 and 100 Daily Moving Average. The breakout above 100MA has pushed the price for a new high. The 50 MA line is currently near $50.41 acting as a temporary bounceback region. ICP/BTC pair can also observe a new high in the future. One can invest in the asset as per their risk capacity.
Conclusion
ICP coin price has seen a significant loss from it’s all time high but can soon regain its bullish momentum. ICP/BTC pair is also observing an uptrend and can soon see a breakout above their previous resistance.
Technical Indicators
Major Resistance:$150
Major Support:$50