Internet Computer Price Prediction: Potential $15 Target in March
Internet Computer Price Climbs Back Up
Internet Computer price fell to the low of $10.91 over the past two weeks before beginning a recovery in the last few days. As the cryptocurrency made its way back into consolidation, bullish signals began arising.
Relative Strength Index (RSI)
RSI above 50 indicates a bullish signal, suggesting further rise likely.
Ichimoku Cloud Indicator
Indicates potential reversal points and momentum directions. ICP has managed to rise above the cloud, signaling bullish momentum.
ICP Price Prediction: Further Upside on the Cards
If ICP maintains the $12.91 support level, a rally to $15 with a 14% increase is anticipated by the end of the month. Lack of optimism among investors could lead to a reversal, with a negative funding rate potentially causing a correction to $10.
Lack of Optimism Might Interfere
Despite bullish signals, lack of investor confidence and declining positive funding rate may impact ICP's price movement. A negative funding rate could lead to a pullback, invalidating the bullish thesis and causing a correction in price.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.