Key takeaways
Internet Computer’s price prediction for 2024 projects a maximum price of $9.34.
Internet Computer protocol price forecast for 2027 expects the token to reach a peak price of $33.74
By 2030, ICP’s price might reach a maximum price of $110.13.
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
CryptocurrencyInternet ComputerTokenICPPrice$8.27Market Cap$3,899,422,461Trading Volume$61,078,843Circulating Supply471,619,765All-time High$750.73, May 10, 202124-h High$8.4424-h Low$8.13
Internet Computer technical analysis
MetricValueVolatility8.86%50-Day SMA$ 8.1214-Day RSI44.67SentimentNeutralFear & Greed Index41 (Fear)Green Days15/30 (50%)200-Day SMA$ 10.36
Internet Computer price analysis: ICP devalues up to $8.23 after facing a loss
TL;DR Breakdown
ICP price analysis is bearish today.
ICP resistance and support are at $8.19 and $8.44, respectively.
The Internet Computer price analysis for October 5 shows ICP is currently stuck in a bearish trend. The current price of ICP is currently trading around $8.23, which is down over 0.5% from its recent high of $8.33 seen earlier today. The ICP has been struggling to break out of its bearish trend, with the price unable to make any significant moves in either direction over the past few 24-hour periods. Overall, the market sentiment remains bearish as bears continue to take lead.
ICP 1-day price analysis: Bearish momentum with indicators pointing to further downside
The 1-day ICP price chart, the price is currently in a downward trend, trading at around $8.20. The daily chart reflects a consistent bearish pattern with several downward candles over recent sessions, indicating selling pressure.
ICP/USD 1-day chart: TradingView
Looking at the indicators, the Relative Strength Index (RSI) stands at 46.24, suggesting that ICP is in neutral territory, neither oversold nor overbought. The MACD shows a negative histogram reading of -0.146, with the MACD line crossing below the signal line, reinforcing the bearish sentiment.
ICP price analysis for 4-hour: Bearish consolidation with weakening momentum signals
The 4-hour ICP price chart, the price is currently trading at $8.20, showing a slight downward movement with a drop of 0.50%. The price action reflects a modest recovery from recent lows, but it appears to be consolidating without clear bullish momentum, hovering around the $8.22 range.
ICP/USD 4-hour chart: TradingView
The MACD shows the signal line crossing slightly above the MACD line, suggesting bearish momentum is weakening but has not fully reversed into a bullish trend. The Relative Strength Index (RSI) stands at 43.62, indicating that the asset is in neutral to slightly oversold territory, with some potential for a further drop if selling pressure persists.
ICP technical indicators: Levels and action
Daily simple moving average (SMA)
PeriodValueActionSMA 3$ 7.72BUYSMA 5$ 8.23BUYSMA 10$ 8.90SELLSMA 21$ 8.79SELLSMA 50$ 8.12BUYSMA 100$ 8.29BUYSMA 200$ 10.36SELL
Daily exponential moving average (EMA)
PeriodValueActionEMA 3$ 8.51SELLEMA 5$ 8.24BUYEMA 10$ 7.89BUYEMA 21$ 7.83BUYEMA 50$ 8.28BUYEMA 100$ 9.22SELLEMA 200$ 9.87SELL
What to expect from ICP price analysis
The recent Internet Computer (ICP) analysis reveals a bearish outlook, with the price experiencing a consistent downward trend. The indicators further confirm this negative momentum, suggesting that selling pressure currently outweighs buying interest. If this trend continues, ICP could face additional declines soon.
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 show 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 $73.71.
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 potential increase year-on-year, reflecting a positive trend and strong market potential.
Recent news/opinion on ICP
DFINITY’s CTO Jan Camenisch rolls out ICP’s vision for on-chain software integration with AI.
Internet Computer (ICP) September 2024 roundup
Internet Computer price prediction October 2024
In October 2024, ICP is expected to see a price range with a minimum of $8.25, an average of $10.14, and a maximum of $12.45. This forecast suggests a modest increase in ICP’s value, reflecting a potential upward trend in the coming month.
ICP Price PredictionMinimum priceAverage priceMaximum priceICP Price Prediction August 2024$8.25$10.14$12.45
Internet Computer price prediction 2024
For Q4 of 2024, ICP’s price is projected to range between a minimum of $8.45 and a maximum of $9.34, with an average estimate of $8.84.
ICP price predictionMinimum priceAverage priceMaximum priceICP price prediction 2024$8.45$8.84$9.34
Internet Computer price predictions 2025 – 2030
YearMinimum priceAverage priceMaximum price2025$13.27$13.62$15.402026$18.86$19.41$23.432027$27.79$28.76$33.742028$42.42$43.85$48.262029$63.85$65.60$73.712030$92.04$95.32$110.13
Internet Computer price prediction 2025
In 2025, analysts suggest a maximum price of $15.40 for ICP. Traders and investors can anticipate an average price of $13.62 and a minimum price of $13.27.
Internet Computer price forecast 2026
In 2026, projections suggest that Internet Computer (ICP) could peak at $23.43, with a minimum forecasted at $18.86 and an average of around $19.41.
Internet Computer token price prediction 2027
In 2027, ICP could potentially reach a high of $33.74, with a projected low around $27.79 and an average trading price of approximately $28.76.
Internet Computer ICP price prediction 2028
The 2028 forecast indicates that ICP could reach up to $48.26, with an average price forecasted at $43.85 and a minimum expected around $42.42.
Internet Computer ICP price prediction 2029
In 2029, ICP is expected to fluctuate between $63.85 and $73.71, with an average projected price of $65.60.
Internet Computer ICP price prediction 2030
By 2030, projections indicate that the price of Internet Computer could potentially achieve a peak price of $110.13 with a projected minimum of around $92.04 and an average of approximately $95.32.
Internet Computer market price prediction: Analysts’ ICP price forecast
Firm Name20242025Changelly$10.01$10.13CoinPedia$15.00$19.5Coincu$40$150
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 $8.45 and $9.34, averaging around $8.84, indicating a stable but moderate growth outlook. Subsequent years show increasing potential, with projections for 2025 aiming at a maximum of $15.40 and averaging $13.62. By 2030, Cryptopolitan anticipates ICP could potentially peak at $110.13, with an average price around $95.32.
Internet Computer historic price sentiment
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 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, with current trading prices around $9.55 to $9.98 in September.
As of October, ICP is currently trading at the range of $8.00-$9.00
This articles is written by : Fady Askharoun Samy Askharoun
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