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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

CryptocurrencyInternet Computer
TokenICP
Price$12.81
Market Cap$4,221,720,015.38
Trading Volume$247,455,842.70
Circulating Supply474,348,593.62 ICP
All-time High$750.73 May 10, 2021
24-h High$12.99
24-h Low$10.88

Internet Computer technical analysis

MetricValue
Price Prediction$47.54 (229.48%)
Volatility19.30%
50-Day SMA$ 9.20
14-Day RSI82.38
SentimentBullish
Fear & Greed Index84(Extreme greed)
Green Days20/30 (67%)
200-Day SMA$10.04

Internet Computer price analysis: ICP shows upward momentum amid market recovery

TL;DR Breakdown

  • Internet Computer (ICP) is gaining momentum, with a 2.97% rise over the last 24 hours.
  • Key support is holding strong at $10.88, while resistance looms at $12.99.
  • Sustained bullish sentiment could drive the price toward the $13.00 level.

Internet Computer (ICP) has shown a modest bullish movement on December 11, closing at $12.81, reflecting a 2.97% increase over the past 24 hours. The price action reveals a recovery after dipping to an intraday low of $10.88 before steadily climbing toward the current level. The ICP indicates strong buying interest near the $12.57 level, with a breakout above the $12.99 mark acting as a bullish trigger.

The overall market sentiment suggests the potential for further upside if ICP maintains support above $10.88. The resistance level is around $12.99, and selling pressure could intensify. If the bulls sustain momentum, a breakout could lead ICP toward the $13.00 mark in the near term, signaling a continuation of the recovery trend.

Internet Computer 1-day price chart: ICP displays resilience amid bullish rebound

Internet Computer (ICP) shows signs of recovery, trading at $12.81 with a 2.97% gain over the last 24 hours. After retracing from a recent high near $12.71, the token found support around $10.88 and rebounded, indicating renewed buying interest. The current candlestick pattern suggests bullish momentum as ICP attempts to consolidate above the $12.00 level. However, a decisive breakout above the $12.99 resistance is required for sustained upward movement.

Internet Computer 1-day price chart
ICP displays resilience amid bullish rebound

The Relative Strength Index (RSI) is at 54.74, recovering from a brief dip into neutral territory and signaling that bullish momentum is regaining strength. Meanwhile, the MACD shows a bearish crossover, with the signal line (0.909) above the MACD line (1.192), reflecting mild selling pressure that could limit immediate gains. A close watch on these indicators is essential as ICP moves within a critical consolidation zone, potentially setting the stage for a breakout or further sideways movement.

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Internet Computer 4-hour price chart: ICP seeks stability amid gradual recovery

Internet Computer (ICP) is trading at $12.81, up 2.97% in the past 4 hours, signaling a gradual recovery after recent price dips. The token has rebounded from a key support level near $10.88, approaching minor resistance around $12.99. The price action suggests cautious optimism as bulls attempt to regain control, though the lack of strong momentum could limit immediate gains.

Internet Computer 4-hour price chart
ICP seeks stability amid gradual recovery

The Relative Strength Index (RSI) stands at 48.12, climbing from oversold levels near 31.90 but still reflecting neutral-to-bearish sentiment. Meanwhile, the MACD shows signs of narrowing bearish momentum, with the MACD line (-0.499) edging closer to the signal line (-0.583), suggesting a potential bullish crossover. If buying pressure increases, these indicators could support further upside; however, continued caution is warranted in the short term.

ICP technical indicators: Levels and action

Daily simple moving average (SMA)

PeriodValueAction
SMA 3$12.16BUY
SMA 5$12.52BUY
SMA 10$12.03BUY
SMA 21$11.03BUY
SMA 50$9.20BUY
SMA 100$9.20BUY
SMA 200$10.04BUY

Daily exponential moving average (EMA)

PeriodValueAction
EMA 3$10.71BUY
EMA 5$9.89BUY
EMA 10$9.09BUY
EMA 21$8.68BUY
EMA 50$8.46BUY
EMA 100$8.64BUY
EMA 200$9.19BUY

What to expect from ICP price analysis

The Internet Computer (ICP) is currently at $12.81, a 2.97% increase over the last 24 hours. Its recent recovery suggests strong buying interest, with support levels holding near $10.88 and resistance at $12.99. Bullish sentiment is driving momentum, and a breakout above the resistance level could lead to testing the $13.00 level in the near term. 

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.

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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 makes crypto’s top 10 AI & Big Data projects – Santiment report

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.

MonthMinimum priceAverage priceMaximum 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.

YearMinimum priceAverage priceMaximum price
ICP price prediction 2024$14.40$15.91$16.37

Internet Computer price predictions 2025 – 2030

YearMinimum priceAverage priceMaximum 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
ICP price prediction 2024 – 2030

Internet Computer market price prediction: Analysts’ ICP price forecast

Firm Name20242025
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
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.

FAQs

What does ICP coin do?

ICP tokens have two uses: first, they can be locked inside the NNS to create 'neurons' which can then vote on governance proposals and earn voting rewards; second, they can be converted into cycles to power computation done by canisters.

Is ICP a Web 3?

Internet Computer (ICP) is one of the world's fastest blockchain networks that helps developers build the future dApps and smart contracts in the Web 3.0 virtual world.

Can you stake ICP?

If you have at least 1 ICP on your NNS account, you're eligible to create a neuron and stake ICP for rewards. You can use the Network Nervous System dapp to create and manage neurons, vote on proposals, and create canisters on the Internet Computer.

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Disclaimer. The information provided is not trading advice. Cryptopolitan.com holds no liability for any investments made based on the information provided on this page. We strongly recommend independent research and/or consultation with a qualified professional before making any investment decisions.

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