Web Pc (ICP) has outperformed all crypto property within the final 7 days

2022 has began on the appropriate foot for Web Pc (ICP). Though sentiment in broader crypto continues to be sluggish, ICP has been surging. The coin has in reality outperformed all crypto property within the final 7 days, gaining almost 50% in worth. However the place will this uptrend take it? Evaluation to observe beneath however first, try the highlights:

The 7-day surge has seen Web Pc (ICP) rally 70% above its lowest worth seen in December 2021.

On the time of writing, the coin was promoting for $36.12, up 5% in intraday buying and selling and with a market cap of $6.7 billion.

Web Pc (ICP) is likely one of the newer blockchain tasks launched in Could 2021.

Information Supply: Tradingview.com

Web Pc (ICP) – Value motion and evaluation

The previous 7 days have been bullish in each approach for ICP. Each technical indicator is constructive proper now too. For starters, the coin has surged effectively past its 25- and 50-day shifting averages. 

ICP has additionally smashed previous its $30 resistance, and present momentum will simply take it above $40 within the days forward. 

The Relative Energy Index (RSI) additionally reveals a really constructive studying. We don’t see a variety of headwinds proper now. Apart from, as sentiment within the broader market improves, ICP is more likely to additionally see extra positive aspects.

Why you can purchase Web Pc (ICP)

Since launching in Could 2021, Web Pc (ICP) has gone on to develop into probably the most priceless crypto tasks on the planet. The blockchain can also be beginning to construct up its ecosystem with a number of high-profile DApps. 

It has all the time been a very good long-term wager, particularly for the kind of investor eager on options to conventional blockchains. The current 50% 7-day uptrend is the clearest indication that ICP is headed for very good returns in 2022 and past.