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Is Internet Computer (ICP) Heading the Right Direction Monday?


Internet Computer received an average long-term technical score of 48 out of InvestorsObserver analysis. Our proprietary scoring system considers trading patterns over the past few months to a year by analyzing coin consistency, volatility, and where it relates to long-term averages to determine if it is a strong -on buy-and-hold investment opportunity. Currently, ICP holds a higher long-term technical analysis mark than 48% of crytpocurrencies. Long-term investors who use a buy-and-hold strategy will find Long-Term Rank particularly relevant to allocating their assets and may find more value find cyptos with long short- term technical score to discover coins that are already low.

Long -Term Technical - 48
InvestorsObserver gives Internet Computer a 48 Long-Term Technical Rank. Find out what it means to you and get the rest of the Internet Computer rankings!

Trading Analysis

The ICP is currently -$ 3.6700000 (-35.11%) below its 100 day average price of $ 10.46 billion with its current price of $ 6.79 billion. Meanwhile, Internet Computer at $ 2.1200000 (-90.22%) over 52 weeks low price of $ 4.67 billion and-$ 80.07 billion (-3.70%) below 52 week high of $ 866.86 billion. The current price relative to its moving average and 52-week high and low leads to an average long-term technical score of 48. Trends for the long history of Internet Computer trading suggests that traders are currently bearish on the coin. Internet Computer currently has a total market cap of $ 1,668,586,189.40 which goes with its average daily volume of $ 721,604,238.66 in currency value over the past seven days. The ICP volume was below its seven -day average in the past 24 hours, with 104,232,313.91 converted during that time. This coin subclass Distributed Software Platform: The platform is a decentralized infrastructure designed for a purpose. It can take the form of exchanges for trading cryptocurrencies, decentralized data storage, artificial intelligence, virtual or augmented reality, distributed computing and mass data collection, among other things.

Summary

Internet Computer technical analysis last year resulted in crypto receiving an average long-term technical mark of 48 because price movement this season caused traders to be bearish on the coin. long time. Click Here to get the full Internet Computer Report (ICP).

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