Cryptopolitan
2024-12-17 16:46:26

Internet Computer price prediction 2024-2030: Is ICP a good investment?

Key takeaways Internet Computer’s price prediction for 2024 projects a maximum price of $16.37. Internet Computer protocol price forecast for 2027 expects the token to reach a peak price of $54.93 By 2030, ICP’s price might reach a maximum price of $163.70. 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 Cryptocurrency Internet Computer Token ICP Price $12.78 Market Cap $4,221,720,015.38 Trading Volume $247,455,842.70 Circulating Supply 474,348,593.62 ICP All-time High $750.73 May 10, 2021 24-h High $13.09 24-h Low $12.43 Internet Computer technical analysis Metric Value Price Prediction $47.54 (229.48%) Volatility 19.30% 50-Day SMA $ 9.20 14-Day RSI 82.38 Sentiment Neutral Fear & Greed Index 84(Extreme greed) Green Days 19/30 (63%) 200-Day SMA $ 9.08 Internet Computer price analysis: ICP shows upward momentum at $12.78 as the bullish pattern continues TL;DR Breakdown ICP price analysis is bullish today. Internet Computer (ICP) is gaining momentum, with a 2.31% rise over the last 24 hours. Key support is holding strong at $12.43, while resistance looms at $13.08. The Internet Computer price analysis for December 17th reflects a bullish trend, showing significant upward movement to $12.78. The ICP highlights increased buying activity, especially in the later hours, pushing the price above previous resistance levels. The overall market sentiment suggests the potential for further upside if ICP maintains support above $12.43. The resistance level is around $13.08, and selling pressure could intensify. If the bulls sustain momentum, a breakout could lead ICP toward the $14.00 mark in the near term, signaling a continuation of the recovery trend. ICP price analysis for 4-hour: ICP price holds steady at $12.78 amid cautious market sentiment The 4-hour ICP price analysis shows a steady upward price movement, with ICP trading around the $12.78 range. The price has experienced a gradual recovery after earlier dips, indicating a bullish trend as buying pressure increases. ICP/USD chart. Source TradingView The RSI is at 47.79, suggesting that buying pressure is present but not yet approaching overbought conditions. The CMF (Chaikin Money Flow) stands at -0.14, indicating a slight increase in buying interest. ICP 1-day price analysis: ICP recovers to $12.817 with positive momentum In the 1-day ICP chart, the price has gradually recovered, currently trading at $12.817 after reaching a low of around $12.44. The upward trend suggests some strength, but overall the price remains in the consolidating range as it tries to break above resistance near $13.08. ICP/USD chart. Source TradingView The RSI is currently at 52.64, indicating that the market is neither oversold nor overbought. The CMF indicator shows a value of 0.15, reflecting modest capital inflows, suggesting positive buying interest in the market. ICP technical indicators: Levels and action Daily simple moving average (SMA) Period Value Action SMA 3 $12.16 BUY SMA 5 $12.52 BUY SMA 10 $12.03 BUY SMA 21 $11.03 BUY SMA 50 $9.20 BUY SMA 100 $9.20 BUY SMA 200 $10.04 BUY Daily exponential moving average (EMA) Period Value Action EMA 3 $10.71 BUY EMA 5 $9.89 BUY EMA 10 $9.09 BUY EMA 21 $8.68 BUY EMA 50 $8.46 BUY EMA 100 $8.64 BUY EMA 200 $9.19 BUY What to expect from ICP price analysis The ICP price movement reflects a gradual upward trend, reaching $12.78, with increased momentum observed in recent sessions. This improvement suggests that the asset has gained buying pressure and market interest. Although it experienced periods of volatility, the current trend indicates a potential recovery phase. However, investors should remain cautious, as ICP may still face resistance at higher levels, and market conditions could impact the sustainability of the uptrend. 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 shows that ICP could potentially reach $23 by 2025, 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 2027 suggest ICP could reach up to $54.93. 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 collaborates with ETH AI Center to advance AI and Web3 innovation #ICP is redefining how AI achieves its full potential—secure, decentralized, and built for the future 🌐 The collaboration with @ETH_AI_Center will advance AI and Web3 innovation into realizing this goal. Read more: https://t.co/XFg9CLNI0E pic.twitter.com/IoACsSYhu8 — DFINITY (@dfinity) December 9, 2024 ICP makes crypto’s top 10 AI & Big Data projects – Santiment report * The following post has been republished after ICP's community has graciously and correctly pointed out their heavy overlap in the AI space, and its omission from our development activity list for the sector. Our prior exclusion was not one that had intent behind it. Rather,… pic.twitter.com/jmiu636OUG — Santiment (@santimentfeed) December 4, 2024 Internet Computer price prediction December 2024 In December 2024, ICP is expected to see a price range with a minimum of $14.77, an average of $16.20, and a maximum of $17.94. This forecast suggests a modest increase in ICP’s value, reflecting a potential upward trend in the coming month. Month Minimum price Average price Maximum price ICP price prediction December 2024 $14.77 $16.20 $17.94 Internet Computer price prediction 2024 For Q4 of 2024, ICP’s price is projected to range between a minimum of $14.40 and a maximum of $16.37, with an average estimate of $15.91. Year Minimum price Average price Maximum price ICP price prediction 2024 $14.40 $15.91 $16.37 Internet Computer price predictions 2025 – 2030 Year Minimum price Average price Maximum price 2025 $22.04 $22.67 $26.40 2026 $31.41 $32.31 $38.48 2027 $47.67 $49.29 $54.93 2028 $65.09 $67.55 $83.21 2029 $94.78 $98.16 $114.21 2030 $133.62 $138.52 $163.70 Internet Computer price prediction 2025 In 2025, analysts suggest a maximum price of $26.40 for ICP. Traders and investors can anticipate an average price of $22.67 and a minimum price of $22.04. Internet Computer price forecast 2026 In 2026, projections suggest that Internet Computer (ICP) could peak at $38.48, with a minimum forecasted at $31.41 and an average of around $32.31. Internet Computer token price prediction 2027 In 2027, ICP could potentially reach a high of $54.93, with a projected low of around $47.67 and an average trading price of approximately $49.29. Internet Computer ICP price prediction 2028 The 2028 forecast indicates that ICP could reach up to $83.21, with an average price forecasted at $67.55 and a minimum expected around $65.09. Internet Computer ICP price prediction 2029 In 2029, ICP is expected to fluctuate between $94.78 and $114.21, with an average projected price of $98.16. Internet Computer ICP price prediction 2030 By 2030, projections indicate that the price of Internet Computer could potentially achieve a peak price of $163.70 with a projected minimum of around $133.62 and an average of approximately $138.52. ICP price prediction 2024 – 2030 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 2024, ICP is forecasted to range between $14.40 and $16.37, averaging around $15.91. Subsequent years show increasing potential, with projections for 2025 aiming at a maximum of $26.40 and averaging $132.31. By 2030, Cryptopolitan anticipates ICP could potentially peak at $163.70, with an average price of around $138.52. 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 is currently trading in the $8.08-$9.03 range. The coin is currently trading in the $11.39-$12.99 range in December.

Get Crypto Newsletter
Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer.