Is Internet Computer (ICP) Trending Lower or Higher Friday?

Is Internet Computer Trend (ICP) Lower or Higher on Friday?

Internet Computer receives a long-term average technical score of 58 out of InvestorsObserver analysis. Our proprietary scoring system considers trading patterns over the last several months to a year by analyzing the token’s consistency, volatility, and location relative to long-term averages to determine if it is a strong investment opportunity to buy and trade. hold. ICP currently has a long-term technical analysis score above 58% 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 seeking cryptos with a short-term high technical score to discover tokens that have bottomed out.

InvestorsObserver is giving Internet Computer a long-term technical rating of 58. Find out what this means for you and get the rest of the ratings on Internet Computer!

commercial analysis

The current trading price of $6.090000000 for ICP is -$0.5500000 (-8.30%) below the token 100-day moving average of $6.640000000. Meanwhile, the ICP is $1.42 million (-105.27%) above its 52-week low of $4.67 billion and -$52.17 million (-6.72%) below its 52-week high of $58.260000000. Internet Computer’s current price relative to the tokens’ long-term average and 52-week highs and lows, gives the crypto a long-term average technical score of 58. Price movement and ICP range suggest that investors are neutral on the token at the moment. weather. Internet Computer has a total market value of $1,594,318,520.14 with a high average daily volume of $312,646,723.28 in currency traded over a typical 24-hour period. As of the last 24 hours, ICP volume is below its average with $48,965,400.56 traded in total. Distributed computing subclass of this token: While all blockchain technology is a form of distributed computing, projects in this category typically provide access to a set of distributed computing resources.

Summary

Technical analysis from Internet Computer over the past year results in the crypto receiving a long-term average technical score of 58, as its price movement at the time has given traders reason to be neutral on the token long-term. term. Click here for the full Internet Computer Report (ICP).

stay informed

Subscribe to our daily morning update newsletter and never miss out on the market news, moves and more you need to know.

Thanks for registering! Everything is ready to receive the Morning Update newsletter

Leave a Comment

Your email address will not be published.