Cryptopolitan
2025-01-11 17:36:13

ICP price prediction 2025-2031: Is ICP a good investment?

Key takeaways ICP price prediction for 2025 projects a maximum price of $20.37. Internet Computer protocol price forecast for 2028 expects the token to reach a peak price of $66.58. By 2031, ICP’s price might reach a maximum price of $199.43. 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 Internet Computer blockchain’s future price prospects look promising. As more developers build on the platform and adoption increases, ICP token demand will likely rise. Will ICP reach $100? Let’s get into the current price analysis and predictions. Overview Cryptocurrency Internet Computer Token ICP Price $10.14 Market Cap $5.71B Trading Volume $186.86M Circulating Supply 478.68M ICP All-time High $750.73 May 10, 2021 24-h High $10.50 24-h Low $10.04 Internet Computer technical analysis Metric Value Price Prediction $ 40.07 (229.62%) Volatility 12.96% 50-Day SMA $ 11.52 14-Day RSI 57.70 Sentiment Neutral Fear & Greed Index 72 Green Days 13/30 (43%) 200-Day SMA $9.21 Internet Computer price analysis: Persistent downtrend with resistance around $10.50 TL;DR Breakdown ICP price analysis is bearish today. Support for ICP is currently at $10.14. ICP is facing rejection at $10.50. The price analysis of Internet Computer (ICP) on 11 January shows a bearish trend, with the value declining from above $10.46 earlier in the day to $10.20. The ICP indicates a consistent drop, with prices dipping close to $10.14, down by 1.24%. This suggests that selling pressure has outweighed buying interest, resulting in a generally downward movement. ICP 1-day price analysis: Bearish momentum prevails amid weak indicators The daily chart for Internet Computer Protocol (ICP) shows that its price has been in a downward trend recently, trading at $10.14 after a 2.03% decline. ICP is currently hovering near key support levels, indicating that bears are in control, with little upward momentum seen in the last few trading sessions. Bearish momentum prevails amid weak indicators The Relative Strength Index (RSI) stands at 42.52, suggesting that ICP is neither oversold nor overbought but leans toward bearish sentiment as it trends below 50. The Moving Average Convergence Divergence (MACD) shows the MACD line (-0.07) below the signal line (-0.15), with a negative histogram value (-0.22), indicating weak bearish momentum. Both indicators suggest caution as there is no strong buying pressure visible to support a reversal in the short term. ICP price analysis for 4-hour: ICP tests support at $10.08 amid bearish momentum The 4-hour chart for ICP shows a bearish trend, as the price has dropped to $10.15. The price has been consistently declining, and sellers are dominating the market. The price struggles to stay above the support level, indicating continued downward momentum. The market sentiment remains negative, and there is no immediate sign of reversal. ICP tests support at $10.08 amid bearish momentum The RSI (Relative Strength Index) is at 36.74, indicating that the market is in an oversold territory. The MACD histogram shows small negative bars, highlighting weak bearish momentum, while the signal and MACD lines are close to converging, signalling indecision in the market. ICP technical indicators: Levels and action Daily simple moving average (SMA) Period Value Action SMA 3 $12.71 SELL SMA 5 $12.07 SELL SMA 10 $11.00 BUY SMA 21 $11.03 BUY SMA 50 $11.52 BUY SMA 100 $9.87 BUY SMA 200 $9.21 BUY Daily exponential moving average (EMA) Period Value Action EMA 3 $11.04 BUY EMA 5 $11.40 BUY EMA 10 $11.99 SELL EMA 21 $12.21 SELL EMA 50 $11.29 BUY EMA 100 $10.29 BUY EMA 200 $9.85 BUY What to expect from ICP price analysis The price analysis of ICP reveals a downward trend, starting from around $10.40 and falling to approximately $10.14. The chart suggests that the price faced resistance around $18.50, where upward movement struggled, and support around $10.03, where downward pressure slightly eased. Despite some attempts at recovery, the price remains in a bearish phase, with resistance levels limiting upward momentum and support levels preventing steeper declines. 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. Why is ICP down? ICP’s recent price decline can be attributed to several factors visible on both charts and through its technical indicators. The bearish trend is confirmed by the price falling below the $10.50 resistance level, with weak buying pressure failing to sustain momentum. The trading volume has decreased, suggesting a lack of significant market interest to push the price upward. Additionally, broader market conditions or investor sentiment might contribute to the downtrend. Will Internet Computer reach $25? Yes, Internet Computer ICP might reach and surpass $25. Expert analysis shows that ICP could potentially reach $25 by 2026 and $40 by 2027, indicating a strong possibility of exceeding the $25 mark. Will Internet Computer reach $50? Yes, Internet Computer is expected to reach $50. Projections for 2028 suggest ICP could reach up to $66.58. 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 a potential increase year-on-year, reflecting a positive trend and strong market potential. Recent news/opinion on ICP ICP HUB Ghana has partnered with @thecssknust to promote Web3 development on the Internet Computer. Likewise, ICP HUB Canada & US has partnered with CreateHER Fest to equip more women with the skills needed to build on the Internet Computer. 🧵6/7 ICP HUB Canada & US 🇨🇦 has partnered with CreateHER Fest to equip more women with the skills needed to build on the Internet Computer 🧱 There are two upcoming events scheduled for February and March 2025 ⬇️ https://t.co/E9JgHkTp5j — DFINITY (@dfinity) December 26, 2024 Internet Computer price prediction January 2025 In January 2025, ICP (Internet Computer) is expected to see a price range with a minimum of $11.42, an average of $12.62, and a maximum of $12.98. This forecast suggests a modest increase in the Internet Computer network’s token value. Month Minimum price Average price Maximum price ICP price prediction January 2025 $11.42 $12.62 $12.98 Internet Computer price prediction 2025 For 2025, ICP’s price is projected to range between a minimum of $16.52 and a maximum of $20.37, with an average estimate of $17.12. Year Minimum price Average price Maximum price ICP price prediction 2025 $16.52 $17.12 $20.37 Internet Computer price predictions 2026 – 2031 Year Minimum price Average price Maximum price 2026 $25.69 $26.37 $28.56 2027 $38.39 $39.44 $44.82 2028 $54.63 $56.21 $66.58 2029 $78.64 $80.89 $94.43 2030 $115.43 $118.67 $135.63 2031 $164.37 $169.11 $199.43 Internet Computer price prediction 2026 In 2026, analysts suggest a maximum price of $28.56 for ICP. Traders and investors can anticipate an average price of $26.37 and a minimum price of $25.69. Internet Computer price forecast 2027 In 2027, projections suggest that Internet Computer (ICP) could peak at $44.82, with a minimum forecasted at $38.39 and an average of around $39.44. Internet Computer token price prediction 2028 In 2028, ICP could potentially reach a high of $66.58, with a projected low of around $54.63 and an average trading price of approximately $56.21. Internet Computer ICP price prediction 2029 The 2029 forecast indicates that ICP could reach up to $94.43, with an average price forecasted at $80.89 and a minimum expected around $78.64. Internet Computer ICP price prediction 2030 In 2030, ICP is expected to fluctuate between $115.43 and $135.63, with an average projected price of $118.67. Internet Computer ICP price prediction 2031 Projections indicate that the price of an Internet Computer could potentially reach a peak of $199.43 by 2031, with a projected minimum of around $164.37 and an average of approximately $169.11. Internet Computer ICP price prediction 2025 – 2031 Internet Computer market price prediction: Analysts’ ICP price forecast Firm Name 2024 2025 Changelly $9.93 $10.03 CoinPedia $15 $19.5 Coincu $69.52 $115.87 Cryptopolitan’s Internet Computer (ICP) price prediction Cryptopolitan’s Internet Computer prediction showcases a gradual upward trajectory. In 2025, ICP is forecasted to range between $16.52 and $20.37, averaging around $17.12. Subsequent years show increasing potential, with projections for 2026 aiming at a maximum of $28.56 and averaging $26.37. By 2031, Cryptopolitan anticipates ICP could potentially peak at $199.43, with an average price of around $169.11. 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 in 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 and traded around $9.55 to $9.98 in September. ICP touched a peak price of $8.655 in October, and in November, it maintained an average price of $12.199. December started off on a high note at $12.444, followed by a push towards $15.577. However, the bear soon came in, and ICP lost about 20%, closing the year at $9.883. In January 2025, the current Internet Computer price ranges between $10.08 and $10.55

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