Iota prediction 203012/5/2023 Conversely, a drop below an important moving average is usually a sign of weakness in the ICX market. If the ICX price moves above any of these averages, it is generally seen as a bullish sign for ICON. The EMA gives more weight to more recent prices, and therefore reacts more quickly to recent price action.ĥ0-day, 100-day and 200-day moving averages are among the most commonly used indicators in the crypto market to identify important resistance and support levels. In addition to the simple moving average (SMA), traders also use another type of moving average called the exponential moving average (EMA). For example, a 12-day simple moving average for ICX is a sum of ICX’s closing prices over the last 12 days which is then divided by 12. As the name suggests, a moving average provides the average closing price for ICX over a selected time frame, which is divided into a number of periods of the same length. Moving averages are among the most popular ICON price prediction tools. When trying to predict the ICON price, traders also try to identify important support and resistance levels, which can give an indication of when a downtrend is likely to slow down and when an uptrend is likely to stall. These tools can roughly be divided into indicators and chart patterns. ICON traders use a variety of tools to try and determine the direction in which the ICX market is likely to head next. Periodīased on today's classical pivot point (P1) with the value of $ 0.210765, ICON has support levels of $ 0.208002, $ 0.205966, and the strongest at $ 0.203203. Traders use the trend indicator to discover short-term overbought or oversold conditions. Weekly Exponential Moving Average (EMA) PeriodĪn oscillator is a technical analysis tool that constructs high and low bands between two extreme values, and then builds a trend indicator that fluctuates within these bounds. ICON Price Forecast Based on Technical Analysis Compared to today’s price, ICON could lose -78.38% by 2030 if it reaches the upper price target. The ICON price prediction for 2030 is currently between $ 0.016380 on the lower end and $ 0.045300 on the high end. Compared to today’s price, ICON could gain 27.78% by 2025 if ICX reaches the upper price target. The ICON price prediction for 2025 is currently between $ 0.160068 on the lower end and $ 0.267682 on the high end. Using the same basis, here is the ICON price prediction for each year up until 2030. Meanwhile, the price of ICON is predicted to reach as high as $ 0.289806 next year. Long-term ICON price prediction for 2024, 2025, 2026, 2027, 2028, 20īased on the historical price movements of ICON and the BTC halving cycles, the yearly low ICON price prediction for 2024 is estimated at $ 0.176632. Seek independent professional consultation in the form of legal, financial, and fiscal advice before making any investment decision. No information, materials, services and other content provided on this page constitute a solicitation, recommendation, endorsement, or any financial, investment, or other advice. The information provided is for general information purposes only. Based on our ICON forecast, it's now a bad time to buy ICON.ĭisclaimer: This is not investment advice. ICON recorded 14/30 (47%) green days with 4.36% price volatility over the last 30 days. According to our technical indicators, the current sentiment is Bearish while the Fear & Greed Index is showing 51 (Neutral). According to our current ICON price prediction, the price of ICON is predicted to rise by 4.16% and reach $ 0.218570 by August 16, 2023.
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