Internet Computer(icp)market reviews and price predictions
Internet Computer market statement for 2023-06-01
Yesterday the price of icp stood at $4.72. The market capitalization of the asset was $2 043 916 552. Internet Computer’s volatility was established at 1.29%. The trading volume of the coin reached $33 559 051.
Internet Computer prognosis for the next days:
We estimate the price of Internet Computer to be $4.73 tomorrow 2023-06-04 and $4.93 on 2023-06-10;
We estimate the market capitalization of Internet Computer to reach $2 128 944 679 tomorrow 2023-06-04 and $2 116 342 411 on 2023-06-06;
We estimate the volatility of Internet Computer to become 0.86% tomorrow 2023-06-04 and 1.41% on 2023-06-06;
We estimate the trading volume of Internet Computer to amount to $24 888 893 tomorrow 2023-06-04 and $27 546 475 on 2023-06-06.
Our recommendation for the pair ICP/USD for tomorrow, 2023-06-04, to buy.
Down by 3% : The Internet Computer market saw some bearish action last week (May 26 - June 1).
The bearish behavior of Internet Computer last week was characterized by the occurrence of downswings. ICP has been going through a period of low volatility, which fell in line with the occurred price changes. The price action on the coin's market translated to the decline of market capitalization. The crypto coin's market experienced a falling trading volume during the observed time period, which fell in line with the price action.
Internet Computer sees limited 2% gains between May 24 and May 30 as the market cools down.
The upward movement of the Internet Computer price last week indicates the chosen market is bearish. The volatility associated with the ICP market was low, as were its price fluctuations. Last week’s market conditions reflected on the market capitalization of the asset, which was falling. The trading volume on the crypto coin's market has been decreasing throughout the reviewed period along with its price.
Red clouds gathered above the Internet Computer market last week (May 19 - May 25) as the price went down by 10%.
The analysis of last week’s price action shows that the Internet Computer market is in the bearish phase since the price has been moving downward. The volatility of ICP has been low throughout the reviewed period in correspondence with the price action. The price action of the coin has been accompanied by the decreased market capitalization of the said digital asset. There has been a decline in trading volume on the crypto coin's market in conjunction with the price movement.
Red clouds gathered above the Internet Computer market last week (May 19 - May 25) as the price went down by 10%.
The bearish behavior of Internet Computer last week was characterized by the occurrence of downswings. The volatility of ICP has been low throughout the reviewed period in correspondence with the price action. The market capitalization of the asset has been decreasing in concert with the price of the coin. The price action of the crypto coin from last week stemmed from the decreasing trading volume.
The bears stepped up a gear on May 18 - May 24, dropping the price of Internet Computer by 7%.
The price of Internet Computer was falling last from May 18 until May 24, giving enough reason to conclude that the market is bearish. ICP has been going through a period of low volatility, which fell in line with the occurred price changes. The market capitalization of the asset has been decreasing in concert with the price of the coin. There has been a decline in trading volume on the crypto coin's market in conjunction with the price movement.
Internet Computer retraces by 5% in the period May 15 - May 21 as the market turns slightly bearish.
The downward movement of the Internet Computer price last week indicates the chosen market is bearish. ICP has been going through a period of low volatility, which fell in line with the occurred price changes. The price action on the coin's market translated to the growth of market capitalization. The crypto coin's market experienced a growing trading volume during the observed time period, which fell in line with the price action.
Bearish response: The Internet Computer price melts by 5% between May 15 and May 21.
The downward movement of the Internet Computer price last week indicates the chosen market is bearish. The price swings of ICP pointed to the presence of low volatility. The asset saw its market capitalization growing over the reviewed period together with its price. The price action of the crypto coin last week took place on the back of increased trading volume.
Buyers weakened their grip on the Internet Computer market (May 12 - May 18) as the price rose only by 2%.
The upward movement of the Internet Computer price last week indicates the chosen market is. ICP was caught in a period of low volatility, which was reflected in its price action. The price action on the coin's market translated to the growth of market capitalization. The price action of the crypto coin last week took place on the back of increased trading volume.
Internet Computer market stayed flat from May 10 - May 16.
Internet Computer portrayed neutral behavior last week, with no changes in the price. The situation on the ICP market shows that the underlying asset is currently experiencing a period of low volatility. Last week’s market conditions reflected on the market capitalization of the asset, which was falling. The trading volume on the crypto coin's market has been decreasing throughout the reviewed period along with its price.
Internet Computer lost 9% in the period May 7 - May 13 as a result of selling pressure.
The bearish behavior of Internet Computer last week was characterized by the occurrence of downswings. The volatility associated with the ICP market was medium, as were its price fluctuations. There has been a fall in the market capitalization of the asset during the period under review. There has been a decline in trading volume on the crypto coin's market in conjunction with the price movement.