Disclaimer: This is not investment advice. The information provided is for general purposes only. Any information, materials, services and other content provided on this page do not constitute a solicitation, recommendation, endorsement or any financial, investment or other advice. Seek independent professional advice in the form of legal, financial and financial advice before making any investment decisions.
- Internet computers rose 4.35% against the US dollar today
- ICP/BTC rose 2.02% today
- Internet Computer is currently trading 6.94% below our March 1, 2024 forecast
- Internet computers rose 13.74% last month, up 99.91% from a year ago
| Internet computer price | $12.60 |
| internet computer predictions |
$13.54 (8.16%) |
| mood |
bullish |
| fear and greed index |
74 (greed) |
| key support level | $12.19, $11.84, $11.61 |
| key resistance level | $12.76, $12.99, $13.33 |
According to our Internet Computer Price Forecast, ICP prices are expected to increase by 8.16% in the next 5 days
Internet Computer prices are trading at $12.60 today after rising 4.35% in the past 24 hours. The coin has outperformed the cryptocurrency market, with the total cryptocurrency market capitalization increasing by 1.28% over the same period. ICP performed well against BTC today, rising 2.02% against the world’s largest cryptocurrency.
According to our Internet Computer Price Forecast, the price of ICP is expected to reach $13.54 by March 1, 2024. This means that the price of ICP will increase by 8.16% in the next 5 days.
ICP Price Forecast Chart
Buy/Sell Internet Computers
What happened to computers on the Internet in the past 30 days
Internet Computers has shown a positive trend recently, rising 13.74% in the past 30 days. The medium-term trend of Internet computers is bullish, with ICP rising by 169.50% in the past three months. The long-term outlook for Internet Computers is positive, as ICP currently shows a 1-year price change rate of 99.91%. On this day last year, ICP was trading at $6.30.
Internet computers reached an all-time high price on May 10, 2021, when ICP’s price peaked at $497.71. The current ICP cycle high is $16.26 and the cycle low is $2.86. ICP has shown lower volatility recently – the coin’s 1-month volatility is 5.16. Internet computers recorded 16 green days in the past 30 days.
Today’s Internet Computer Technology Analysis – February 25, 2024
The sentiment in the Internet Computer market is currently Bullish and the Fear & Greed Index is Greedy. The most noteworthy support levels are $12.19, $11.84, and $11.61, while $12.76, $12.99, and $13.33 serve as key resistance levels.
Bullish Sentiment in Internet Computers
There are currently 25 indicators showing bullish forecasts by Internet Computers, while 5 indicators show bearish forecasts. 83% of indicators support a positive forecast.This results in overall bullish Perspectives on Internet Computers.
The cryptocurrency market is currently experiencing greed
Currently, the Fear and Greed Index is 74 (greed)which shows that investors are optimistic about the market prospects. The Fear and Greed Index is a measure of cryptocurrency investor sentiment. A “Greed” reading indicates that investors are currently optimistic about the cryptocurrency market, but may also indicate that the market is overvalued. On the other hand, a “Fear” reading indicates that investors are currently hesitant about the cryptocurrency market, which may represent a buying opportunity.
Internet Computer Moving Averages and Oscillators
Let’s take a look at the signals sent by some of the most important technical indicators. We’ll examine key moving averages and oscillators that will allow us to better understand where Internet Computer is currently positioned in the market.
| period | Everyday simplicity | daily index | Simple every week | weekly index |
| MA3 | $10.26 (purchase) | $12.76 (Sell) | – | – |
| MA5 | $11.43 (purchase) | $12.15 (purchase) | – | – |
| MA10 | $12.42 (purchase) | $10.55 (purchase) | – | – |
| MA21 | $12.57 (purchase) | $8.42 (purchase) | -$53.19 (purchase) | $8.03 (purchase) |
| MA50 | $12.27 (purchase) | $6.30 (purchase) | -$38.51 (purchase) | $6.17 (purchase) |
| MA100 | $9.83 (purchase) | $5.15 (purchase) | -$28.16 (purchase) | $3.40 (purchase) |
| MA200 | $6.90 (purchase) | $4.73 (purchase) | – | – |
| period | value | action |
| RSI(14) | 45.43 | neutral |
| Stoch RSI (14) | 0.00 | purchase |
| Quick Random(14) | 9.81 | purchase |
| Commodity Channel Index(20) | -66.67 | neutral |
| Average Directional Index(14) | 25.38 | Sell |
| Great oscillator(5, 34) | 0.84 | neutral |
| Momentum(10) | -0.55 | neutral |
| MACD (12, 26) | -0.11 | neutral |
| Williams Percentage Range(14) | -90.19 | purchase |
| Ultimate Oscillator(7, 14, 28) | 49.21 | neutral |
| Volkswagen Automobile Manufacturers Association(10) | 13.46 | Sell |
| Hull Moving Average(9) | 13.67 | Sell |
| Ichimoku Bill of Lading (9, 26, 52, 26) | 13.02 | neutral |
The Relative Strength Index (RSI 14) is a widely used indicator that helps investors understand whether an asset is currently overbought or oversold. Internet Computer’s RSI 14 is 45.43, indicating that ICP is currently neutral.
The 50-day simple moving average (SMA 50) takes into account the Internet Computer’s closing prices over the past 50 days. Currently, Internet Computer is trading below the SMA 50 trendline, which is a bearish sign.
Meanwhile, the 200-day simple moving average (SMA 200) is a long-term trendline calculated by averaging the ICP closing prices over the past 200 days. ICP is currently trading below the 200 moving average, indicating that the market is currently bearish.
The bottom line about computer predictions on the Internet
Considering the above factors, we can conclude that the current Internet computer price forecast is bullish. ICP would have to rise 8.16% over the next five days to reach our target of $13.54. Going forward, it will be important to monitor ICP market sentiment, key support and resistance levels, and other indicators. However, we must remember that the cryptocurrency market is unpredictable and even the largest crypto assets can experience large price swings. For a long-term Internet computer price forecast, click here.
Disclaimer: This is not investment advice. The information provided is for general purposes only. Any information, materials, services and other content provided on this page do not constitute a solicitation, recommendation, endorsement or any financial, investment or other advice. Seek independent professional advice in the form of legal, financial and financial advice before making any investment decisions.