Crypto currency markets are showing a revival with the upcoming halving. Particularly, the movement in ICP Coin attracts the attention of investors. ICP Coin, which reached a high value at its launch, has experienced a significant loss of value and has recently undergone a rapid rise. Processing three billion blocks positively influences investor sentiment and causes the value of ICP Coin to increase.
Rise in ICP Coin
ICP Coin continues to gain value in parallel with its success. Investors respond positively to the price recovery from the bottom and the rising trend. At the time of writing, ICP Coin is trading at over 17 dollars and providing more profit than other popular altcoins.
ICP Coin Price Prediction
An optimistic price forecast is made for ICP Coin; an $18 surge is expected. The 54.45% increase in the price of Internet Computer (ICP) that reached 17 dollars in recent days showed an important retracement. The $18 resistance level is seen as a threshold that needs to be opened for the rally to continue.
If the resistance of 17 dollars cannot be overcome, profit-taking may begin and the price may drop quickly. In a bearish scenario, if closures are made below 17 dollars, the price may drop to 15.34 dollars and this may reverse the rising trend.
The future period for ICP Coin contains both potential for rise and fall. However, at the current state, investors’ positive outlook and success ensure the continued increase in the value of ICP Coin.
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