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Weekly forecast Internet Computer technical chart
Symbol ICPUSD

Trading suggestion:

  • By appearing primary signs of entering the market, new entry zone and short-term targets would be published.

DateMay 27, 2023 - 14:49
Currentrange bound
Forecastbeginning of downtrend

Midterm forecast:

  • While the price is below the resistance 7.447, beginning of downtrend is expected.
  • We make sure when the support at 4.615 breaks.
  • If the resistance at 7.447 is broken, the short-term forecast -beginning of downtrend- will be invalid.

Technical analysis:

  • While the RSI uptrend #1 is not broken, bullish wave in price would continue.
  • A peak is formed in daily chart at 6.820 on 04/29/2023, so more losses minimum to Major Support (4.615) is expected.
  • Price is below WEMA21, if price rises more, this line can act as dynamic resistance against more gains.
  • Relative strength index (RSI) is 40.

Symbol Released Current Forecast
Internet Computer (ICPUSD) Sat, 15 Jun 2024
Internet Computer (ICPUSD) Sat, 15 Jun 2024
Internet Computer (ICPUSD) Sat, 15 Jun 2024
Internet Computer (ICPUSD) Sat, 15 Jun 2024
Internet Computer (ICPUSD) Sat, 1 Jun 2024