Internet computers have a weak long-term technical score of 31 investor observerResearch based on historical trading patterns. The proprietary scoring system weighs recent months to a year’s price movement, analyzing a coin’s support and resistance levels, as well as its position relative to its long-term average, to determine whether it’s a strong buy-and-hold investment opportunities. ICP currently has a higher long-term technical analysis score than 31% of cryptocurrencies in circulation. This ranking metric is most useful for buy-and-hold investors looking for strong, steady growth when allocating assets. Tokens with higher long-term and short-term technical scores can help indicate that an asset has hit a bottom, providing investors with a “buy the dip” opportunity.
transaction analysis
ICP is currently trading at $1.501 billion, which is $3.9400000 (35.62%) above the coin’s 100-day moving average of $1.107 billion. Meanwhile, ICP is $12.15 million (140.06%) above its 52-week low of $286 million and $1.87000000 (29.67%) below its 52-week high of $1.688 billion. Internet Computer’s current price relative to the coin’s long-term average and 52-week high and low gives the cryptocurrency an average long-term technical score of 31. ICP’s price action and range suggest that investors are currently bearish on the coin. Internet Computer’s total market capitalization is $6,903,640,685.66, and its average daily currency trading volume in a typical 24-hour period is as high as $1,871,245,565.39. As of the past 24 hours, ICP has seen below-average trading volume, with a total of $289,897,161.61 traded. Subcategories of this token Art, Collectibles, and Non-Fungible Tokens: A non-fungible token (NFT) is a unit of data stored on a digital ledger that uses blockchain technology to verify and verify ownership. They often take the form of photos, videos, audio, and other representations of real-world items. This category also includes other tokens used to buy, sell, or collect art or certain other digital goods.
generalize
ICP’s historical trading over the past year gives it a Long-Term Technical Score of 31, as the price action at that time gave investors reason to be bearish on the coin over the long term. Click here for the full report on Internet Computing (ICP).