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Internet Computer (ICP) Price Prediction 2023

Sep 11, 2024 am 06:35 AM
Internet Computer Cryptocurrency

Over the past 24 hours, Internet Computer's ICP/USD price rose 7.46% to $8.22. This continues its positive trend over the past week

Internet Computer (ICP) Price Prediction 2023

Internet Computer (ICP) price rose over 7% in the past 24 hours to $8.22. This continues a positive trend over the past week where ICP experienced a 14% gain.

The chart below compares the price movement and volatility for Internet Computer over the past 24 hours (left) to its price movement over the past week (right). The gray bands are Bollinger Bands, measuring the volatility for both the daily and weekly price movements. The wider the bands are, or the larger the gray area is at any given moment, the larger the volatility.

ICP price rose sharply on Monday evening and into Tuesday morning. This price movement also coincided with a period of increased volatility, as shown by the Bollinger Bands. However, volatility decreased over the past 12 hours.

Over the past week, ICP price rose and fell within a narrower range, as shown by the Bollinger Bands. This indicates a period of lower volatility.

Internet Computer technical analysis for August 15

Over the past 24 hours, Internet Computer price rose 7.46% to $8.22, continuing a positive trend that began earlier this month. The coin experienced a 14.0% increase in price over the past seven days, moving from $7.21 to its current price. At the time of writing, Internet Computer price is experiencing a 98.8% decrease from its all-time high of $700.65.

The chart above compares the price movement and volatility for Internet Computer over the past 24 hours (left) to its price movement over the past week (right). The gray bands are Bollinger Bands, measuring the volatility for both the daily and weekly price movements. The wider the bands are, or the larger the gray area is at any given moment, the larger the volatility.

Internet Computer price rose sharply on Monday evening and into Tuesday morning. This price movement also coincided with a period of increased volatility, as shown by the Bollinger Bands. However, volatility decreased over the past 12 hours.

Over the past week, ICP price rose and fell within a narrower range, as shown by the Bollinger Bands. This indicates a period of lower volatility.

Internet Computer trading volume climbed 50.0% over the past week.

The circulating supply of Internet Computer increased by 0.1% over the past week and now stands at 469.88 million ICP.

According to CoinGecko data, Internet Computer is currently ranked #28 by market cap, with a total market cap of $3.87 billion.

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