Cryptocurrency markets are recovering, even though we have yet to see net inflows through ETF channels. With less than a month to go until the halving, investors are seeing much more exciting gains in some altcoins. So, how much will ICP Coin be worth? Here are the latest price predictions.
Why Is ICP Coin Rising?
After launching with a four-digit price, ICP Coin significantly declined in value. In the last few days, this altcoin has started to rise more rapidly, passing an important milestone. The network confirmed its 3 billionth block, reaching this goal approximately three years later. Roughly 44.87 blocks were processed per second.
In response to this achievement, ICP Coin continues the day with an increase of over 15%. Investor sentiment remains positive, indicating a continued uptrend despite the price having recovered significantly from its low.
At the time of writing, BTC is at $70,600, while ICP Coin is above $17. Moreover, it has gained more than many popular altcoins.
ICP Coin Price Prediction
Considering the weighted sentiment turning positive again, ongoing investor demand, and the strong stance of BTC prices, we could see further increases in ICP Coin. In an optimistic scenario, the price could jump to $18.
Internet Computer (ICP) price has increased by 54.45% in the last few days, reaching $17, and has started an impressive comeback from $10.91. We had mentioned that prices around $15 could be seen before the end of March for this cryptocurrency, and that has happened.
The $18 region is a tough resistance, and bulls need to overcome this threshold for the rally to grow. Closures above the $17 resistance reflect the bulls’ appetite for this area. However, if we do not see strong closures above the resistance area, many investors who have made significant gains in a short time may start rapid profit-taking.
In a bearish scenario, if we see closures below $17, the ICP Coin price could fall to $15.34. Moreover, closures below this level have the potential to reverse the bullish sentiment.
