Altcoin
ICP Up 12.40% In 7 Days A Bullish Sentiment Is Hovering Around Internet Computer (ICP) and Mpeppe
Among the top-performing crypto assets over the past week is Internet Computer (ICP), which has shown impressive gains of 12.40%. Alongside ICP’s rise, Mpeppe (MPEPE) has also caught the attention of savvy investors, with speculation about its potential for massive gains.
This article will dive into the current price action of ICP, explore key levels to watch, and assess why both Internet Computer and Mpeppe are on the radar of market watchers.
Internet Computer (ICP): Price Analysis and Predictions
The price of Internet Computer (ICP) has been on a notable uptrend in the past few days, peaking at $9.1 before facing rejection. After touching that weekly high, the token pulled back to $8.5 at the time of writing. Despite this slight decline, the overall sentiment remains bullish as Internet Computer (ICP) managed to record a 14% weekly gain.
However, recent price action suggests that Internet Computer (ICP) is in a neutral-bearish trend, meaning that while the price has been rising, it has yet to break key resistance levels. The token must break above $9 and challenge $10 before a more substantial rally can occur. If Internet Computer (ICP) surpasses $11—the high it hit in July—it could confirm a stronger bullish move.
As Internet Computer (ICP) navigates through these levels, the $6.8 and $5.81 levels are acting as solid support on the daily chart. If the price falls below these points, we may see a drop to $4 before a potential rebound. While the volatility remains relatively low for Internet Computer (ICP), any significant price movement could trigger a more volatile breakout.
The Bullish Sentiment: Key Resistance and Support Levels for ICP
For Internet Computer (ICP) to continue its current uptrend, the next significant challenge is the $8.96 resistance level. A successful break could propel the token toward $10 or even $11, the resistance it encountered in July. But if the market fails to sustain the bullish momentum, the price may continue to hover around the $7 mark, trading sideways for the next few days until the market chooses a clear direction.
Key resistance levels for ICP:
Key support levels:
Given the current technical indicators, a breakout to $10 or higher could drive further buying interest in ICP, making it one of the top-performing assets of 2024. Investors should keep a close eye on these key levels to make informed trading decisions.
Mpeppe (MPEPE): Gaining Traction Among Investors
While Internet Computer (ICP) continues to dominate headlines with its recent price surge, Mpeppe (MPEPE) is emerging as a potential high-growth investment. With the token currently priced at $0.0021, Mpeppe (MPEPE) has completed over 80% of Stage 4 in its presale, attracting the attention of both retail and institutional investors.
What makes Mpeppe (MPEPE) particularly intriguing is its unique approach to decentralized finance and meme coin culture. Similar to the rise of Dogecoin and Shiba Inu, Mpeppe (MPEPE) has the potential to capitalize on market trends, offering significant upside for early adopters.
Recent whale activity, including purchases from investors who have previously profited from ICP, signals that major players in the market are beginning to see Mpeppe (MPEPE) as a viable option for massive returns. Experts predict that Mpeppe (MPEPE) could deliver 150x returns after its presale concludes and it begins trading on major exchanges.
Why Now Is the Time to Consider ICP and Mpeppe
With both Internet Computer (ICP) and Mpeppe (MPEPE) showing strong potential, now could be the ideal time for investors to consider adding these tokens to their portfolios. Here are three reasons why:
- Bullish Sentiment Around ICP: Despite facing some resistance, Internet Computer is in a strong position to break out of its current range. If it can push past $9 and hold support at key levels, the token could experience a major rally in the coming weeks.
- Mpeppe’s Explosive Growth Potential: Mpeppe (MPEPE) is still in its presale phase, offering investors the chance to get in at a ground-floor price. With the token nearing its exchange launch, experts believe it could deliver massive gains, making it a high-reward investment.
- Whale Activity in Both Tokens: Major crypto investors are actively accumulating both ICP and Mpeppe (MPEPE), signaling confidence in the long-term potential of these assets. Whale purchases often precede significant price movements, making now a strategic time to invest.
Conclusion
As the crypto market continues to evolve, Internet Computer (ICP) and Mpeppe (MPEPE) are emerging as top contenders for 2024’s best-performing assets. While ICP has already proven its resilience by staying above key support levels, Mpeppe (MPEPE) offers investors the chance for explosive returns as it approaches its exchange listing. For those looking to diversify their portfolios with a mix of stability and high-growth potential, both ICP and Mpeppe are worth serious consideration.
For more information on the Mpeppe (MPEPE) Presale:
Visit Mpeppe (MPEPE)
Join and become a community member:
https://x.com/mpeppecommunity?s=11&t=hQv3guBuxfglZI-0YOTGuQ
While investors are scanning the horizon for a short-term Solana (SOL) rally, cryptocurrency expert CryptoCurb is predicting an ultra-bullish price movement. CryptoCurb argues that a Solana price of $2,000 is “absolutely realistic” given the current fundamentals and on-chain indicators.
Solana Price To $2,000 Is A Realistic Projection
Pseudonymous cryptocurrency analyst CryptoCurb is predicting a massive growth spurt for Solana in the near future. In an X post, the expert says the Solana price can achieve a valuation of $2,000 given its impressive network metrics.
He hinges his projection on several factors, including Ethereum’s previous price performance. Ethereum price spiked to a $600 billion market capitalization during the last cycle with its steep fees and scalability issues.
A $2K SOL price will translate to a $1 trillion market capitalization that will see it flip Ethereum as the largest altcoin. CryptoCurb notes that if Ethereum can post impressive figures during the last cycle, Solana has the capabilities to be valued at $2,000.
“2K is absolutely realistic if Solana keeps its global adoption pace with minimal disruptions and continues to scale,” said CryptoCurb.
Rising network inflows are expected to send the Solana price on a short-term rally to $150 before a big push to $2K. Currently, the Solana price is pegged at $140 with a market capitalization of $72.6 billion, making CryptoCurb’s prediction an uphill climb.
A Wave Of Impressive Metrics Around SOL
While CryptoCurb did not disclose an exact timeline for his $2,000 prediction, he points to a short-term seismic price increase. The expert his backing his predictions with a swathe of network metrics pointing to fresh bullishness.
Solana has the highest number of active addresses over the last seven days at 28.4 million. The network led the pack for transactions at 369 million, trouncing Tron, BNB Chain, Base, and Bitcoin.
Solana is finding application in several Web 3 verticals given its speed, low cost, and scalability. In the last week, the Solana price has risen by nearly 7% while 24-hour trade volume has risen by 36%.
Last week, Canada launched the first SOL ETF with prices projected to surpass $250, reversing a forming death cross. Solana open interest crossed 5.5 billion, climbing by 10% amid rising whale activity in the ecosystem.
Rising bullish metrics for the network suggest that SOL will reach $200 before ETH reclaims $3,000.
Aliyu Pokima
Aliyu Pokima is a seasoned cryptocurrency and emerging technologies journalist with a knack for covering needle-moving stories in the space. Aliyu delivers breaking news stories, regulatory updates, and insightful analysis with depth and precision. When he’s not poring over charts or following leads, Aliyu enjoys playing the bass guitar, lifting weights and running marathons.
Disclaimer: The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.
Crypto expert PiMigrate recently predicted that the Pi Network price could reach a new all-time high (ATH) of $5. This comes amid recent whale movements, with these investors moving 41 million Pi Coins off exchanges.
Expert Predicts Pi Network To Reach $5
In an X post, PiMigrate stated that Pi Network’s journey to $5 has just begun. He remarked that the altcoin has very strong support at $0.6. As such, the expert believes that this $5 price target is a “very possible valuation.” PiMigrate added that good utilities will push the altcoin to this target.
Another expert, Moon Jeff, also predicted that the Pi Coin price can reach this $5 target. In an X post, the expert concluded that the altcoin can reach this price target following his analysis.
He alluded to his accompanying chart, which he described as being bullish, indicating that the Pi Network price can indeed reach this $5 target. The chart also showed that the altcoin has formed a strong support level at its current price.
Crypto analyst Xia also recently claimed that the Pi Coin’s momentum is building fast after it surged past the $0.63 mark with strong volume. She also noted that the RSI and MACD are turning bullish for the altcoin.
This bullish outlook for the Pi Coin comes amid recent huge whale accumulation. A Pi community page revealed that these investors moved a whopping 41 million coins (around $27 million) off exchanges in 48 hours. Specifically, these whales moved over 13 million Pi Coins from OKX to several wallets. This presents a bullish outlook for the coin since exchange supply is declining.
Pi Needs To Reclaim This Symmetrical Triangle
While analyzing the Pi Network’s price on the higher timeframe, analyst Alpha Crypto stated that the altcoin needs to reclaim its symmetrical triangle to resume its upward move.
The analyst remarked that once Pi reclaims this structure, market participants can look for a potential long setup. He added that on the flipside, if the price falls outside the triangle, it could open up a short opportunity. Alpha Crypto urged traders to wait for confirmation rather than rushing.
From a fundamentals perspective, top exchange listings could send the Pi Coin price higher. CoinGape recently reported that top exchange HTX had fueled listing speculations with a cryptic post on its X platform. Meanwhile, Pi community members remain hopeful that Binance will soon list the altcoin.
These community members will have their eyes on the Consensus 2025 conference, where Pi Network founder Nicolas Kokkalis will allegedly join an exclusive list of industry players to speak at the event.
Expert Dr. Altcoin described the event as a pivotal moment for Pi Network, as it will provide an opportunity for the Pi team to promote the network’s ecosystem.
At the time of writing, the Pi Coin price is trading at around $0.63, down almost 3% in the last 24 hours. Trading volume is also down over 36%, with $96.34 million traded during this period.
Boluwatife Adeyemi
Boluwatife Adeyemi is a well-experienced crypto news writer and editor who has covered topics that cut across several topics and niches. Boluwatife has a knack for simplifying the most technical concepts and making it easy for crypto newbies to understand. Away from writing, He is an avid basketball lover, a traveler and a part-time degen.
Disclaimer: The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.
Dogecoin investors have high faith in the future of the meme currency despite its recent price fall, market data showed, Tuesday.
Dogecoin fell to $0.153 as of April 16 after its price reached a high of $0.168 on April 13, down by 3% in the last 24 hours. This is after the recent price hike following US President Trump’s tariff halt declaration on certain countries on April 10.
Long Positions Dominate Market Activity
The mood among traders on Binance is firmly bullish for the future prospects of Dogecoin. Data from Coinglass show that over 74% of trading accounts have long positions in the cryptocurrency, while only 25% going short. This places the long-to-short account ratio at 2.90, proving widespread optimism among traders.
Long positions increased quickly on April 12, which shows that investors expect Dogecoin to bounce back from its present correction period. They are willing to pay premiums to maintain their positions, as evidenced by positive OI-weighted funding rate signals that have remained above zero since April 7.
Long|Short DOGE by accounts. Source: Coinglass
Holder Patterns Indicate Diversified Strategies
IntoTheBlock statistics reveal substantial shifts in the manner by which people are holding Dogecoin. Investors holding DOGE for over a year increased by marginally 0.13%. These types of “hodlers” as they are called within cryptocurrency forums constitute a solid support base for the currency.
Source: IntoTheBlock
In the meantime, mid-term holders (holders of DOGE for one to 12 months) decreased by 2.50%. Short-term traders experienced the largest increase, with addresses holding for less than 30 days rising by 109%. This new trader surge reflects increasing demand for quick profit from Dogecoin price action.
Technical Analysis Points To Future Price Directions
One TradingView account, FuaCompany, has plotted Dogecoin’s movement in what analysts call a rising channel. On the basis of this trend, two general scenarios for Dogecoin’s future price are on offer.
The first scenario shows Dogecoin rebounding from the lower edge of this channel and continuing to trend upwards. This would comply with what occurred before when the price rebounded back from $0.05 to higher levels.
The second scenario entails a temporary drop below the bottom line of the channel, plunging to around $0.08 before surging higher, both scenarios ultimately carrying long term bullish signals, with some projections estimating Dogecoin to even reach $0.70.
Weekly Performance Still Positive Despite Slump
Despite the recent slump, Dogecoin is still positive overall on the week. In fact, the cryptocurrency has shown quite a hefty rise-on-week for about 7.40% during the past week in spite of that dip.
DOGE price up in the last week. Source: CoinMarketCap
The price started off in early April with an initial volatility before strengthening with the Presidential Tariff declaration by Trump. Following the monthly peak on April 13, reaching 0.168, Dogecoin encountered what traders know to be a consolidation phase, where prices continue to trend sideways while forming in preparation for another move.
According to market observers, this pattern of gains and then consolidation is typical in cryptocurrency markets. The strong level of long positions shows most traders view the current price drop as just a temporary hiccup and not the start of a larger bearish trend.
Featured image from CoinFlip, chart from TradingView
Editorial Process for bitcoinist is centered on delivering thoroughly researched, accurate, and unbiased content. We uphold strict sourcing standards, and each page undergoes diligent review by our team of top technology experts and seasoned editors. This process ensures the integrity, relevance, and value of our content for our readers.
Vitalik Buterin Proposes to Replace EVM with RISC-V
US Economic Indicators to Watch & Potential Impact on Bitcoin
Solana Rallies Past Bitcoin—Momentum Tilts In Favor of SOL
Expert Says Solana Price To $2,000 Is Within Reach, Here’s How
Bitcoin Price Breakout In Progress—Momentum Builds Above Resistance
Here Are The Bitcoin Levels To Watch For The Short Term
2.52 Million Altcoins Are Ruining Crypto’s Future
Animoca Brands Valuation Tanks 75% In Two Years, Here’s Why
Crypto exchange BingX hacked for $43 million
Are The Big Players Losing Interest?
Hong Kong’s Securities Association Tips Authorities On Crypto Self-Regulation
Coinbase cbBTC Set to go Live on Solana
2.52 Million Altcoins Are Ruining Crypto’s Future
Animoca Brands Valuation Tanks 75% In Two Years, Here’s Why
Crypto exchange BingX hacked for $43 million
Are The Big Players Losing Interest?
Hong Kong’s Securities Association Tips Authorities On Crypto Self-Regulation
Coinbase cbBTC Set to go Live on Solana
-
Market15 hours ago1 Year After Bitcoin Halving: What’s Different This Time?
-
Ethereum22 hours agoEthereum Consolidates In Symmetrical Triangle: Expert Predicts 17% Price Move
-
Market21 hours agoToday’s $1K XRP Bag May Become Tomorrow’s Jackpot, Crypto Founder Says
-
Market19 hours agoMELANIA Crashes to All-Time Low Amid Insiders Continued Sales
-
Market20 hours agoCharles Schwab Plans Spot Crypto Trading Rollout in 2026
-
Market16 hours agoVOXEL Climbs 200% After Suspected Bitget Bot Glitch
-
Ethereum24 hours agoEthereum Accumulators At A Crucial Moment: ETH Realized Price Tests Make-Or-Break Point
-
Ethereum21 hours agoEthereum Enters Historic Buy Zone As Price Dips Below Key Level – Insights
✓ Share: