Internet Computer (ICP) Price Prediction 2023, 2024, 2025-2030

• Bullish ICP price prediction for 2023 is $4.808 to $6.225.
• Internet Computer (ICP) price might reach $10 soon.
• Bearish (ICP) price prediction for 2023 is $2.889.

In Internet Computer (ICP) price prediction 2023, we use statistics, price patterns, RSI, RVOL, and other information about ICP to analyze the future movement of the cryptocurrency.

TABLE OF CONTENTS

INTRODUCTION

Internet Computer (ICP) Current Market Status What is Internet Computer (ICP)? Internet Computer (ICP) 24H Technicals

INTERNET COMPUTER (ICP) PRICE PREDICTION 2023

Internet Computer (ICP) Support and Resistance Levels Internet Computer (ICP) Price Prediction 2023 — RVOL, MA & RSI Internet Computer (ICP) Price Prediction 2023 — ADX, RVI Comparison of ICP with BTC, ETH

INTERNET COMPUTER (ICP) PRICE PREDICTION 2024, 2025, 2026-2030

CONCLUSION

FAQ

Internet Computer (ICP) Current Market Status

Current Price	$4.55
24 – Hour Price Change	1.16% Down
24 – Hour Trading Volume	$53,858,085
Market Cap	$2,044,037,325
Circulating Supply	449,620,156 ICP
All – Time High	$750.73 (On May 11, 2021)
All – Time Low	–

What is Internet Computer (ICP)

TICKER	ICP
BLOCKCHAIN	Internet Computer
CATEGORY	Metaverse
LAUNCHED ON	May 2021
UTILITIES	Governance, security, gas fees & rewards

Internet Computer (ICP) is the native utility token of the Hedera network. Hedera is a decentralized hashgraph distributed ledger technology. ICP was launched during its ICO in 2018. Hedera network’s mainnet went live in 2019. Hedera network serves majorly as a distributed file service.

Rather than being built on any blockchain, the Hedera network is built on the hashgraph model that is secured by the proof-of-stake (PoS) consensus mechanism. It uses a patented algorithm that makes it a non-forkable network. The transactions on Hedera are faster and occur at low costs. The hashgraph distributed ledger is secure and immutable as Hedera deploys asynchronous byzantine fault tolerance (aBFT).

Internet Computer 24H Technicals

(Source: TradingView)

Internet Computer (ICP) Price Prediction 2023

Internet Computer (ICP) ranks 34th on CoinMarketCap in terms of its market capitalization. The overview of the Internet Computer price prediction for 2023 is explained below with a daily time frame.

ICP/USDT Right Angled Descending Broadening Wedge Pattern (Source: TradingView)

In the above chart, Internet Computer (ICP) laid out a right-angled descending broadening wedge pattern. A right-angled descending broadening wedge is a bullish reversal pattern. The pattern is an inverted ascending triangle because it is made up of two converging lines with a horizontal line for the resistance and a bearish downward slant for the support.

At the time of analysis, the Internet Computer (ICP) price was $4.55. If the pattern trend continues, then the price of ICP might reach the resistance levels of $4.769 and $7.938. If the trend reverses, then the price of ICP may fall to the support of $3.506, and $2.850.

Internet Computer (ICP) Resistance and Support Levels

The chart given below elucidates the possible resistance and support levels of Internet Computer (ICP) in 2023.

ICP/USDT Resistance and Support Levels (Source: TradingView)

From the above chart, we can analyze and identify the following as resistance and support levels of Internet Computer (ICP) for 2023.

Resistance Level 1	$4.808
Resistance Level 2	$6.225
Support Level 1	$3.662
Support Level 2	$2.889

ICP Resistance & Support Levels

Internet Computer (ICP) Price Prediction 2023 — RVOL, MA, and RSI

The technical analysis indicators such as Relative Volume (RVOL), Moving Average (MA), and Relative Strength Index (RSI) of Internet Computer (ICP) are shown in the chart below.

ICP/USDT RVOL, MA, RSI (Source: TradingView)

From the readings on the chart above, we can make the following inferences regarding the current Internet Computer (ICP) market in 2023.

INDICATOR	PURPOSE	READING	INFERENCE
50-Day Moving Average (50MA)	Nature of the current trend by comparing the average price over 50 days	50 MA = $3.783Price = $4.606 (50MA < Price)	Bullish(Uptrend)
Relative Strength Index (RSI)	Magnitude of price change;Analyzing oversold & overbought conditions	58.470 <30 = Oversold 50-70 = Neutral>70 = Overbought	Neutral
Relative Volume (RVOL)	Asset’s trading volume in relation to its recent average volumes	Below cutoff line	Weak Volume

Internet Computer (ICP) Price Prediction 2023 — ADX, RVI

In the below chart, we analyze the strength and volatility of Internet Computer (ICP) using the following technical analysis indicators — Average Directional Index (ADX) and Relative Volatility Index (RVI).

ICP/USDT ADX, RVI (Source: TradingView)

From the readings on the chart above, we can make the following inferences regarding the price momentum of Internet Computer (ICP).

INDICATOR	PURPOSE	READING	INFERENCE
Average Directional Index (ADX)	Strength of the trend momentum	16.579	Weak Trend
Relative Volatility Index (RVI)	Volatility over a specific period	57.32 <50 = Low >50 = High	High Volatility

Comparison of ICP with BTC, ETH

Let us now compare the price movements of Internet Computer (ICP) with that of Bitcoin (BTC), and Ethereum (ETH).

BTC Vs ETH Vs ICP Price Comparison (Source: TradingView)

From the above chart, we can interpret that the price action of ICP is similar to that of BTC and ETH. That is, when the price of BTC and ETH increases or decreases, the price of ICP also increases or decreases respectively.

Internet Computer (ICP) Price Prediction 2024, 2025 – 2030

With the help of the aforementioned technical analysis indicators and trend patterns, let us predict the price of Internet Computer (ICP) between 2024, 2025, 2026, 2027, 2028, 2029 and 2030.

Year	Bullish Price	Bearish Price
Internet Computer (ICP) Price Prediction 2024	$12	$2.5
Internet Computer (ICP) Price Prediction 2025	$15	$2.4
Internet Computer (ICP) Price Prediction 2026	$18	$2.3
Internet Computer (ICP) Price Prediction 2027	$20	$2.2
Internet Computer (ICP) Price Prediction 2028	$23	$2.1
Internet Computer (ICP) Price Prediction 2029	$125	$2
Internet Computer (ICP) Price Prediction 2030	$27	$1.8

Conclusion

If Internet Computer (ICP) establishes itself as a good investment in 2023, this year would be favorable to cryptocurrency. In conclusion, the bullish Internet Computer (ICP) price prediction for 2023 is $6.225. Comparatively, if unfavorable sentiment is triggered, the bearish Internet Computer (ICP) price prediction for 2023 is $2.889.. 

If the market momentum and investors’ sentiment positively elevates, then Internet Computer (ICP) might hit $10. Furthermore, with future upgrades and advancements in the Internet Computer ecosystem, ICP might surpass its current all-time high (ATH) of $750.73 and mark its new ATH. 

FAQ

1. What is Internet Computer (ICP)?

Internet Computer (ICP) is the native utility token of the Hedera network. Hedera is a decentralized hashgraph distributed ledger technology. 

2. Where can you buy an Internet Computer (ICP)?

Traders can trade Internet Computer (ICP)  on the following cryptocurrency exchanges such as Binance, OKX, Bybit, WEEX, and DigiFinex.

3. Will Internet Computer (ICP)  record a new ATH soon?

With the ongoing developments and upgrades within the Internet Computer platform, Internet Computer (ICP)  has a high possibility of reaching its ATH soon.

4. What is the current all-time high (ATH) of Internet Computer (ICP)?

Internet Computer (ICP) hit its current all-time high (ATH) of $750.73 on May 11, 2021.

5. Will Internet Computer (ICP)  hit $10?

If Internet Computer (ICP)  becomes one of the active cryptocurrencies that majorly maintain a bullish trend, it might rally to hit $10 soon.

6. What will be the Internet Computer (ICP)  price by 2024?

Internet Computer (ICP)  price might reach $12 by 2024.

7. What will be the Internet Computer (ICP)  price by 2025?

Internet Computer (ICP)  price might reach $15 by 2025.

8. What will be the Internet Computer (ICP)  price by 2026?

Internet Computer (ICP)  price might reach $18 by 2026.

9. What will be the Internet Computer (ICP)  price by 2027?

Internet Computer (ICP)  price might reach $20 by 2027.

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 Disclaimer: The opinion expressed in this chart is solely the author’s. It does not represent any investment advice. TheNewsCrypto team encourages all to do their own research before investing.

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