Key takeaways ICP 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 $9.83 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 $10.52 24-h Low $9.75 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 Bearish Fear & Greed Index 70 (greed) Green Days 19/30 (63%) 200-Day SMA $9.08 Internet Computer price analysis: ICP faces downward pressure at $9.83 amid market uncertainty TL;DR Breakdown ICP price analysis is bearish today. Support for ICP is currently at $9.75. ICP is facing rejection at $10.52. The price analysis shows that ICP has been declining recently, with the value dropping from around $10.45 to $9.80 as of December 30. The red trend indicates consistent selling pressure and bearish market sentiment, meaning that more people are selling ICP than buying, which causes the price to fall. The steady decline suggests a downward trend without signs of recovery at the moment. ICP 1-day price analysis: Bearish momentum continues as indicators signal further downside The price of ICP is currently showing a bearish trend, as it has dropped to around $9.83, reflecting a 4.63% decrease. The ICP indicates a continuous downward movement, with selling pressure pushing the price lower. The market sentiment appears weak, and the price is struggling to stay above key support levels, making it likely that the downward trend could persist for some time. Bearish momentum continues as indicators signal further downside The indicators on the chart support this bearish outlook. The Bollinger Bands (BB) show that the price is moving towards the lower band, suggesting increasing volatility and selling pressure. The RSI (Relative Strength Index) is below 50, sitting at 41.52, indicating that the market is in bearish territory and could still have room to decline further. The SMA (Simple Moving Average) line is also above the current price, reinforcing the ongoing bearish momentum. ICP price analysis for 4-hour: Bearish trend persists The 4-hour chart for ICP shows a bearish trend, as the price has dropped to $9.91. The price has been consistently declining, and sellers are dominating the market. The price struggles to stay above the support level, indicating continued downward momentum. The market sentiment remains negative, and there is no immediate sign of reversal. Bearish trend persists for ICP The indicators confirm the bearish trend. The Bollinger Bands (BB) are widening, and the price is moving close to the lower band, suggesting increased selling pressure. The RSI (Relative Strength Index) is at 37.02, indicating that the market is approaching an oversold condition but remains bearish. The SMA (Simple Moving Average) line remains above the current price, reinforcing the downward momentum. ICP technical indicators: Levels and action Daily simple moving average (SMA) Period Value Action SMA 3 $12.16 SELL SMA 5 $12.52 SELL SMA 10 $12.03 SELL SMA 21 $11.03 SELL SMA 50 $9.20 SELL SMA 100 $9.20 BUY SMA 200 $10.04 BUY Daily exponential moving average (EMA) Period Value Action EMA 3 $10.71 SELL EMA 5 $9.89 SELL EMA 10 $9.09 SELL EMA 21 $8.68 SELL EMA 50 $8.46 SELL EMA 100 $8.64 BUY EMA 200 $9.19 BUY What to expect from ICP price analysis The overall trend for ICP is bearish, as shown by both the daily and 4-hour charts. The price has been consistently declining, with selling pressure pushing it below key support levels. Indicators like the Bollinger Bands show that the price is moving toward the lower bands, suggesting heightened volatility and further downside potential. Additionally, the RSI on both timeframes remains below 50, signaling weak market sentiment and the possibility of more declines. 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.
