Internet Computer receives an average long-term technical score of 58 InvestorsObserver Analysis. Our proprietary scoring system considers trading patterns over the last few months to a year, analyzing the token’s consistency and volatility and where it compares to long-term averages to determine if it’s a strong buy-and-hold -investment opportunity. Currently, ICP holds a superior long-term technical analysis rating than 58% of cryptocurrencies. Long-term investors employing a buy-and-hold strategy will find long-term rank particularly relevant to their asset allocation, and may find additional value by finding cryptos with a high short-term technical score to discover tokens that can have bottomed out.
The current trading price of $6.09 billion for ICP is -$0.5500000 (-8.30%) below the token’s 100-day moving average of $6.64 billion. The ICP, meanwhile, is $1.4200000 (-105.27%) above its 52-week low of $4.67 billion and -$52.17000000 (-6.72%) below its 52-week high of 58 .26 billion $. Internet Computer’s current price relative to the token’s long-term average and 52-week high and low gives the crypto an average long-term technical score of 58. The ICP’s price action and range suggest that investors are keen on the token are neutral about time. Internet Computer has a total market value of $1,594,318,520.14 with a high average daily volume of $312,646,723.28 of currency exchanged over a typical 24-hour period. Over the past 24 hours, ICP’s volume has been below its average, totaling $48,965,400.56. The subclass of this token Distributed Computing: While all blockchain technology is a form of distributed computing, projects in this category typically grant access to a range of distributed computing resources.
Internet Computer’s technical analysis over the past year found that the crypto earned an average long-term technical score of 58, as its price action over that time has given traders reason to be neutral on the token over the long term. Click here for the full Internet Computer (ICP) report.
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