Internet Computer Price Prediction
(ICPUSD)$8.28$8.12 (5.82%)Market Stats and Forecasts
Internet Computer Description
ICP stands for Internet Computer, a blockchain network that revolutionizes how Internet applications are built. Unlike traditional blockchains, ICP offers developers a platform to create websites, enterprise systems, and even DeFi applications directly on the public internet. ICP boasts superior speed and scalability compared to other blockchain platforms. This allows developers to build complex applications without worrying about limitations. ICP works as a native cryptocurrency. Users can participate in the network’s governance and earn rewards. As of today, June 15, 2024, ICP is priced at around USD 9. 42 with a market capitalization of over $4.
3 billion. The token has recently experienced a price decline, but its long-term potential remains to be seen. ICP is a new project which was launched in 2021. For long-term success, this token needs an advanced ecosystem. ICP offers a decentralized alternative to traditional cloud computing giants like Amazon Web Services and Microsoft Azure. This could lower costs, increase data privacy, and application censorship resistance. ICP permits developers to integrate existing blockchain applications and data. This allows developers to prepare hybrid applications.
As Internet Computer tokens are new, they carry some risk. In the long term, this token has enormous potential. This project is currently under development and has advanced features and technology. The current model of ICP is centralized and has several issues. For long-term success, this project needs smoother transactions and a robust structure. .
Forecast Based on AI Model
Drawing insights from our analysis that integrates historical price movements of Internet Computer, Our analysis, guided by the machine learning experts, yields forecasts for Internet Computer price trajectory up to 2024. With a comprehensive understanding of Internet Computer historical price movements and utilizing advanced algorithms, our team has derived predictions with a mean absolute error (MAE) value of 3 and an error value of 0.26%.
For the year 2024, our analysis indicates a projected yearly low of $11.9, with the high anticipated to reach $19.31. These forecasts are the outcome of a comprehensive approach designed to provide investors with reliable insights for strategic decision-making.
Prediction Table based on AI Model
| Date | Low | Average | High | ROI |
| 2024-07-01 | 8.28 | 8.45 | 8.62 | 3.26 |
| 2024-07-02 | 8.46 | 8.64 | 8.81 | 5.53 |
| 2024-07-03 | 8.28 | 8.45 | 8.71 | 4.37 |
| 2024-07-04 | 8.37 | 8.64 | 8.89 | 5.52 |
| 2024-07-05 | 8.38 | 8.56 | 8.81 | 6.68 |
| 2024-07-06 | 8.56 | 8.74 | 9.01 | 9.03 |
| 2024-07-07 | 8.64 | 8.92 | 9.17 | 7.83 |
| 2024-07-08 | 8.65 | 8.83 | 9.1 | 9.02 |
| 2024-07-09 | 8.56 | 8.74 | 9.01 | 9.02 |
| 2024-07-10 | 8.47 | 8.74 | 9 | 7.82 |
| 2024-07-11 | 8.83 | 9.01 | 9.19 | 10.19 |
| 2024-07-12 | 8.83 | 9.02 | 9.28 | 10.19 |
| 2024-07-13 | 8.93 | 9.12 | 9.39 | 11.40 |
| 2024-07-14 | 8.84 | 9.22 | 9.58 | 12.63 |
| 2024-07-15 | 9.13 | 9.32 | 9.5 | 13.86 |
| 2024-07-16 | 9.23 | 9.42 | 9.7 | 15.12 |
| 2024-07-17 | 9.04 | 9.33 | 9.6 | 15.12 |
| 2024-07-18 | 9.24 | 9.43 | 9.72 | 17.65 |
| 2024-07-19 | 9.64 | 9.74 | 9.93 | 20.24 |
| 2024-07-20 | 9.64 | 9.95 | 10.23 | 20.24 |
| 2024-07-21 | 9.85 | 10.16 | 10.45 | 22.88 |
| 2024-07-22 | 9.96 | 10.17 | 10.38 | 25.59 |
| 2024-07-23 | 10.18 | 10.5 | 10.81 | 28.35 |
| 2024-07-24 | 10.19 | 10.63 | 11.04 | 29.76 |
| 2024-07-25 | 10.3 | 10.63 | 10.93 | 29.76 |
Internet Computer Price Prediction 2025
According to our analysis conducted via our Machine Learning Model,Internet Computer is forecasted to achieve its peak value in 2025 at approximately $30.05, while potentially dipping to a low of $14.91. The average trading value during this period is projected to hover around $27.41.Internet Computer Price Prediction 2026
In 2026, Internet Computer is anticipated to potentially reach its peak value of $42.79, with a possible lower value of $24.29. The average trading value for this period is estimated to be approximately $37.8.Internet Computer Price Prediction 2027
As we look ahead to 2027, the trajectory of the Internet Computer coin may offer investors unexpected turns. Projections suggest peaks hitting $68.92 and lows stabilizing around $32.52, with an average trading value resting near $61.03.Internet Computer Price Prediction 2028
In the upcoming year of 2028, investors may witness noteworthy fluctuations in the value of the Internet Computer coin. Projections point towards a maximum value of $98.3, a minimum of $55.38, and an average value of approximately $88.74.Internet Computer Price Prediction 2029
Our market analysis indicates optimistic prospects for the Internet Computer crypto in 2029, with projected peaks at $134.86 and floors at $77.32. Moreover, the average trading value of this coin is anticipated to hover around $121.75.Internet Computer Price Prediction 2030
In 2030, our crypto analyst team and Machine Learning experts envision a varied outlook for the Internet Computer token. Projections indicate highs near $207.59, potential lows around $104.63, with an average value of about $185.96.Following the presentation of our forecast table, we provide users with convenient procedure links, offering insight into the comprehensive steps taken to derive our predictions. These resources afford transparency into our analytical process, detailing methodologies, data sources, and algorithms used to formulate forecasts, empowering users to grasp the intricacies behind our predictions.
Forecast Based on Technical Analysis
Bitcoin's 50-Day, 200-Day Simple Moving Averages and 14-Day Relative Strength Index - RSI (14)
Both the 200-day and 50-day Simple Moving Averages (SMA) are forecasted to rise, with the former expected to reach $8.35 by the Jul 01, 2024. The Relative Strength Index (RSI) stands at 0.5467, indicating a Fall market stance. Overall, while the long-term forecast is Buy.
About icp
Internet Computer Price Prediction FAQ
Kshitez Pratap Singh
Kshitez Pratap Singh possesses deep expertise in data analytics and machine learning. He excels at deriving actionable insights from complex datasets. Kshitez combines his analytical skills and machine learning knowledge to develop models that support data-driven decision-making, helping businesses and investors navigate and thrive in the finance niche.
Mohit Kumar
Mohit Kumar is a computer science engineer with a specialization in Artificial Intelligence and Machine Learning (AIML). he has honed his expertise in developing sophisticated machine-learning models tailored for the financial sector, exploring various aspects of forecasting and statistical modeling to provide invaluable insights for informed investment decisions in the volatile world of cryptocurrencies.
Sentiment: Buy
The Internet Computer is predicted to surge by 8.82% to $8.74 by Jul 09, 2024, though current indicators show a Bullish sentiment with 14 out of 30(47%) green days and a notable -31.56% price volatility over the past month.