Internet Computer receives a strong long-term technical score of 94 out of InvestorsObserver analysis. Our proprietary scoring system considers trading patterns over the past few months to a year by analyzing the consistency, volatility, and location of the token relative to long-term averages to determine if it is a good investment opportunity to buy and keep. ICP currently has a long-term technical analysis score of over 94% of cryptocurrencies. Long-term investors employing a buy-and-hold strategy will find the long-term range especially relevant when allocating their assets and may find additional value in searching for cryptos with a short-term high technical score to discover tokens that have bottomed out.
ICP is currently $0.7600000 (17.40%) above its 100-day moving average price of $4.390000000 with its current price of $5.160000000. Meanwhile, Internet Computer is $1.7700000 (-172.46%) above its 52-week low of $3.390000000 and -$28.79000000 (-14.27%) below its 52-week high of $33,950000000. The current price relative to its moving average and 52-week high and low leads to a strong long-term technical score of 94. Internet Computer’s long-term trading history trends suggest that traders are currently neutral on the token . Internet Computer has a total market value of $1,463,376,112.40 with a high average daily volume of $341,405,768.29 in currency exchanged during a typical 24 hour period. As of the last 24 hours, ICP volume is below its average with $78,425,252.10 traded in total. Smart contracts of the subclass of this token: A computer program designed to run automatically when predetermined conditions are met. It is typically used to execute transactions quickly and automatically, with terms written directly into lines of code.
ICP’s historical trading over the past year gives it a strong long-term technical score of 94, as its price movement at the time has given investors reason to be token-neutral long-term. Click here for the full Internet Computer (ICP) Report.
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