ICP – 12h. $ 100 Progress Outlook for BINANCE: ICPUSDT By P_S_trade – Todayuknews

The last weeks of trading at the Cryptocurrency market give us all intrigue and insecurity. The price of Bitcoin stopped at the critical range of 48,000 to 50,000 US dollars and market participants calmed down. About the past 4 weeks trading, The quantities are weekly from $ 38 billion per day up $ 27 billion.

The decrease in daily trading volume of Bitcoin has reduced his A hit on other cryptocurrencies and made it possible for new and simple crypto projects, “shoot”. Hence, while the Bitcoin The market is now drifting as part of the low volume consolidation that we will talk about the ICP Cryptocurrency.

We analyze them weekly TOP-10 cryptocurrenciess by daily trading volumes and record a video forecast for the week. Regrettably, ICP didn’t make it into this TOP, but it got as close as possible to it.

With a deal volume from $ 1.36 billion per day, ICP ranks 12th and is as close as possible to the infamous DOGE ($ 1.6 billion). However, if you compare the local trend of these two coins, you can see that the ICP The market is building a trend move and is ready keep growing.

snapshot

On the graph we can see that the consolidation in the ICP market lasts a long timer than on the DOGE market. Remember that Bitcoin allowing alcoins to move their prices independently, the main question for an investor Which cryptocurrencies will grow first?

It is known that there is not enough new volumes in the market so that all cryptocurrencies grow at the same time. Therefore, you should first select those coins that have already proven their strength in both trading volume and activity. We can see that on the graph the ICP price did not allow updating of local lows on August 18th and 27th. At the same time, DOGE is successfully updating the lows and its buyers are not yet showing any active desire to buy.

In this example we have shown two types of altcoins that are currently available. The first type, like SOL, SAND, ICP , are ready for new highs while others – DOGE, DOT, BNB and others – seek further consolidation.

Some peculiarities about the ICP market

The main achievement of recent buyers in the ICP The market takes control of the range $ 53-56:

snapshot

The graphic clearly shows how important this range is for market participants. Buyers have broken through this high volume range and now the consolidation process is under way to continue the growth $ 100. Depending on how strong the turbulence in the cryptocurrency market will be, ICP The price can start to grow from $ 64 or $ 57.

For long-term investors This range is good to buy. In this case the risk per position is approximately 10-13%. This cryptocurrency is in ours long-term portfolio and in the portfolios of our long-term partners whose deposits we manage.

In the event of an error, the ICP In the case of large volumes, the price should initially be the $ 53-56 and then fixate on a large timeframe below (start consolidating). In this case, the price of the internet computer will drop down into the range of $ 40-45. This is another liquid zone where we are happy to buy this cryptocurrency if such an opportunity arises.

PS For the most conservative investor, consider the ICPBTC Chart and enter 0.0015-0.0016 only after retesting the fluid range. a

snapshot

Only at the moment of fixing the price above this range the security level entering a position will be maximum.


Share post on

Sonic BTC is reader-supported. When you buy through links on our site, we may earn an affiliate commission.

Binance allegedly seeks authorities funding underneath regulatory strain, focusing on $ 200 billion valuation – Yahoo Finance Binance

Binance allegedly seeks authorities funding underneath regulatory strain, focusing on $ 200 billion valuation – Yahoo Finance

The world's leading cryptocurrency exchange Binance seeks government funding despite being in the crosshairs...

By wpadminsonic164
Lendefi introduces Canary Mainnet to the Binance Good Chain – The Each day Hodl Binance

Lendefi introduces Canary Mainnet to the Binance Good Chain – The Each day Hodl

Lendefi Finance (Lendefi) is pleased to announce the launch of its leveraged trading protocol...

By wpadminsonic164
Prime cryptocurrency information on August 26: Main tales on Bitcoin, Binance & NFTs – Moneycontrol.com Binance

Prime cryptocurrency information on August 26: Main tales on Bitcoin, Binance & NFTs – Moneycontrol.com

a,.special_wrapbx a{color:#333;font:400 11px Lato,sans-serif}.user_after_login a, .user_before_login a {color: #333333;font: 11px 'Lato',sans-serif;}.dropdown-menu{display:none;background-clip:border-box!important}.header_desktop .dropdown-menu>li{border-bottom:1px solid #e9e9e9}.header_desktop...

By wpadminsonic164
XRPUSDT evaluation exhibiting potential decline.  For BINANCE: XRPUSDTPERP by Chutireality – Todayuknews – Todayuknews Binance

XRPUSDT evaluation exhibiting potential decline. For BINANCE: XRPUSDTPERP by Chutireality – Todayuknews – Todayuknews

XRP BINANCE: XRPUSDTPERP since then has been pumping coins like all other coins BTC...

By wpadminsonic164
Binance’s CEO labored at McDonald’s, now he is a crypto billionaire and one of many richest from S’pore – Vulcan Put up Binance

Binance’s CEO labored at McDonald’s, now he is a crypto billionaire and one of many richest from S’pore – Vulcan Put up

Most recently, Binance founder and CEO Zhao Changpeng (also known as "CZ") was a...

By wpadminsonic164
Binance’s CEO labored at McDonald’s, now he is a crypto billionaire and one of many richest from S’pore – Vulcan Publish Binance

Binance’s CEO labored at McDonald’s, now he is a crypto billionaire and one of many richest from S’pore – Vulcan Publish

Most recently, Binance founder and CEO Zhao Changpeng (also known as "CZ") was a...

By wpadminsonic164
ANTUSDT ANALYSIS for BINANCE: ANTUSDT by Multiassetxplorations – Todayuknews – Todayuknews Binance

ANTUSDT ANALYSIS for BINANCE: ANTUSDT by Multiassetxplorations – Todayuknews – Todayuknews

Note: If you have any questions, please feel free to send me a message...

By wpadminsonic164
Prime Cryptocurrency Costs At present: Dogecoin, Polkadot, Binance Coin Acquire Up To 13% – Financial Occasions Binance

Prime Cryptocurrency Costs At present: Dogecoin, Polkadot, Binance Coin Acquire Up To 13% – Financial Occasions

New Delhi: Major cryptocurrencies continued their upward trend on Monday after a decent rally...

By wpadminsonic164

Latest Posts

Uncategorized

Noboni.com: Best Girl’s Online Shopping in bd

Noboni.com is the best Bd online shopping for girls. We 🏷️ offer the latest...

By wpadminsonic164
Monero, Stellar, AAVE Value Evaluation: August twenty second – AMBCrypto Information Stellar

Monero, Stellar, AAVE Value Evaluation: August twenty second – AMBCrypto Information

Major cryptocurrencies have shown mixed trading so far, with Bitcoin reversing its losses by...

By wpadminsonic164
BITCOIN CRASH (essential add)!! MY NEW STRATEGY, BITCOIN PRICE PREDICTION & BITCOIN NEWS TODAY!! Videos

BITCOIN CRASH (essential add)!! MY NEW STRATEGY, BITCOIN PRICE PREDICTION & BITCOIN NEWS TODAY!!

BITCOIN CRASH (important upload)!! MY NEW STRATEGY, BITCOIN PRICE PREDICTION & BITCOIN NEWS TODAY!!...

By wpadminsonic164
Binance allegedly seeks authorities funding underneath regulatory strain, focusing on $ 200 billion valuation – Yahoo Finance Binance

Binance allegedly seeks authorities funding underneath regulatory strain, focusing on $ 200 billion valuation – Yahoo Finance

The world's leading cryptocurrency exchange Binance seeks government funding despite being in the crosshairs...

By wpadminsonic164
Bexplus lists Cardano (ADA), provides 100x leverage and 100% deposit bonus – CryptoGlobe Cardano

Bexplus lists Cardano (ADA), provides 100x leverage and 100% deposit bonus – CryptoGlobe

In order to do justice to the fast growing market for Cardano ($ ADA),...

By wpadminsonic164
Ethereum’s EIP-1559 improve burned $ 400 million in ETH: report Ethereum

Ethereum’s EIP-1559 improve burned $ 400 million in ETH: report

Ethereum's EIP-1559 upgrade burned $ 400 million in ETH instead of handing it over...

By wpadminsonic164
Dogecoin

Why Bitcoin, Dogecoin, Ethereum – and in addition Coinbase – are on the transfer at this time – Motley Idiot

What happened Towards the end of the week, cryptocurrency prices in Friday morning trading...

By wpadminsonic164
The transition between fiat and bitcoin Bitcoin

The transition between fiat and bitcoin

One world, two systems: Why Bitcoin and Fiat have to learn to live togetherTwo...

By wpadminsonic164