ICON Price Prediction: Key Highlights
Here are some key highlights from ICON’s price movement analysis and future projections.
- ICON is currently trading at a price of $0.1503, with a possible 2.01% decrease before the November ending
- ICON experienced a 4.08% volatility in price during the last 30 trading days
- ICON (ICX) is currently ranked 312th in the entire crypto ecosystem
ICON Coin (ICX) Forecast Overview
Below is the overview of the ICON price prediction, market insights, and possible opportunities:
Cryptocurrency | ICON |
Token | ICX |
ICON Current Price | $ 0.143218 |
Price Change (24h) | -2.67% |
Price Change (7d) | 6.86% |
Market Cap | $230,181,143.68 |
Trading Volume | $4,119,273.88 |
Circulating Supply | 994,566,106 ICX |
All-Time High | $ 12.66 (January 09, 2018) |
All-time Low | $ 0.105538 (August 05, 2024) |
Volatility | 6.27% (High) |
Fear-Greed Index | 80 (Extreme Greed) |
Sentiment | Neutral |
Green Days | 15/30 (50%) |
ICON Forecast for the Next 30 Days
The ICX short-term price prediction for the next 30 days, shown below, is based on the trends from the past 30 days. This includes looking at both positive and negative changes.
Date | Price | Change |
---|---|---|
Oct 15, 2024 | $0.004948 | 0.00% |
Oct 16, 2024 | $0.004999 | 1.03% |
Oct 17, 2024 | $0.005069 | 2.45% |
Oct 18, 2024 | $0.005233 | 5.77% |
Oct 19, 2024 | $0.005240 | 5.92% |
Oct 20, 2024 | $0.005166 | 4.40% |
Oct 21, 2024 | $0.005115 | 3.38% |
Oct 22, 2024 | $0.005097 | 3.02% |
Oct 23, 2024 | $0.005138 | 3.85% |
Oct 24, 2024 | $0.005229 | 5.68% |
Oct 25, 2024 | $0.005247 | 6.06% |
Oct 26, 2024 | $0.005307 | 7.27% |
Oct 27, 2024 | $0.005292 | 6.96% |
Oct 28, 2024 | $0.005183 | 4.77% |
Oct 29, 2024 | $0.004950 | 0.04% |
Oct 30, 2024 | $0.004978 | 0.61% |
Oct 31, 2024 | $0.004992 | 0.89% |
Nov 1, 2024 | $0.004918 | -0.62% |
Nov 2, 2024 | $0.004891 | -1.15% |
Nov 3, 2024 | $0.004868 | -1.63% |
Nov 4, 2024 | $0.004843 | -2.12% |
Nov 5, 2024 | $0.004880 | -1.38% |
Nov 6, 2024 | $0.004905 | -0.87% |
Nov 7, 2024 | $0.004951 | 0.07% |
Nov 8, 2024 | $0.004953 | 0.11% |
Nov 9, 2024 | $0.004931 | -0.35% |
Nov 10, 2024 | $0.004956 | 0.16% |
Nov 11, 2024 | $0.004974 | 0.52% |
Nov 12, 2024 | $0.005016 | 1.37% |
Nov 13, 2024 | $0.005057 | 2.21% |
Yearly ICON ICX Price Predictions: 2024-2050
Let us examine ICON’s long-term price prediction for the upcoming years based on historical price movements, technical analysis, and ICX halving cycles.
Year | Minimum Price | Maximum Price |
2024 | $0.004984 | $0.006926 |
2025 | $0.004802 | $0.009961 |
2026 | $0.004096 | $0.005528 |
2027 | $0.004140 | $0.005159 |
2028 | $0.004027 | $0.010766 |
2029 | $0.003394 | $0.021300 |
2030 | $0.000943 | $0.005915 |
2040 | $0.273804 | $0.293760 |
2050 | $5.000101 | $5.830101 |
ICON Price Prediction 2024
The outcome of expert analysis of the ICX price prediction for 2024 showed that ICON will trade at $0.144 while intermittently witnessing highs and lows of $0.133 and $0.122. However, the market’s current sentiments, global economic trends, and scalability upgrade impacted ICON this year. Recent technological upgrades are likely to increase the adoption rate next month.
ICX Price Prediction 2025
As a continuum from the 2024 analysis, the ICON price prediction projects that the price of ice will hover around $0.205. After reaching a low of $0.129, analysts predicted that the token would rise to $0.281. The ICON forecast ensures that these prices were calculated based on market trends, the influence of recent technological advancements, and investors’ sentiments.
Month | Minimum Price | Maximum Price |
---|---|---|
January | $0.237398 | $0.349806 |
February | $0.353397 | $0.477129 |
March | $0.331070 | $0.451479 |
April | $0.378346 | $0.555255 |
May | $0.312259 | $0.622599 |
June | $0.230277 | $0.316526 |
July | $0.206063 | $0.275175 |
August | $0.274363 | $0.352785 |
September | $0.249488 | $0.317798 |
October | $0.306959 | $0.350587 |
November | $0.254339 | $0.363427 |
December | $0.242784 | $0.274352 |
ICON Price Prediction 2026
In 2026, the ICON price prediction suggests that it will most likely rise to $0.3593. After experiencing a low of $0.2881, it will experience an average price of $0.2967.
Month | Minimum Price | Maximum Price |
---|---|---|
January | $0.237398 | $0.349806 |
February | $0.353397 | $0.477129 |
March | $0.331070 | $0.451479 |
April | $0.378346 | $0.555255 |
May | $0.312259 | $0.622599 |
June | $0.230277 | $0.316526 |
July | $0.206063 | $0.275175 |
August | $0.274363 | $0.352785 |
September | $0.249488 | $0.317798 |
October | $0.306959 | $0.350587 |
November | $0.254339 | $0.363427 |
December | $0.242784 | $0.274352 |
ICX Price Prediction 2027
As regards icon price prediction, the trading of ICON in 2027 will vary significantly from the previous year. Due to the rapid increase in competition and regulatory uncertainties, ICON’s price would be at $0.4353. The coin will fall to $0.4204 and then rise to a high of $0.5043.
Month | Minimum Price | Maximum Price |
---|---|---|
January | $0.237398 | $0.349806 |
February | $0.353397 | $0.477129 |
March | $0.331070 | $0.451479 |
April | $0.378346 | $0.555255 |
May | $0.312259 | $0.622599 |
June | $0.230277 | $0.316526 |
July | $0.206063 | $0.275175 |
August | $0.274363 | $0.352785 |
September | $0.249488 | $0.317798 |
October | $0.306959 | $0.350587 |
November | $0.254339 | $0.363427 |
December | $0.242784 | $0.274352 |
ICON Price Prediction 2028
Price predictions are still ongoing amidst ICON market instabilities. Price fluctuations seem significant because of future global economic trends, including political clashes and elections. Per analysis, ICON will rise to $0.7330 and fall to $0.6150. It will remain at $0.6324 throughout the year.
Month | Minimum Price | Maximum Price |
---|---|---|
January | $0.237398 | $0.349806 |
February | $0.353397 | $0.477129 |
March | $0.331070 | $0.451479 |
April | $0.378346 | $0.555255 |
May | $0.312259 | $0.622599 |
June | $0.230277 | $0.316526 |
July | $0.206063 | $0.275175 |
August | $0.274363 | $0.352785 |
September | $0.249488 | $0.317798 |
October | $0.306959 | $0.350587 |
November | $0.254339 | $0.363427 |
December | $0.242784 | $0.274352 |
ICX Price Prediction 2029
Crypto research reveals that ICON will be valued at $0.9551 after fluctuating between $0.9235 and $1.07. Different opportunities lie ahead of ICON in 2029. There would be an increase in collaborations with top business firms because of the growing demand for interoperability based on the ICON forecast.
Month | Minimum Price | Maximum Price |
---|---|---|
January | $0.237398 | $0.349806 |
February | $0.353397 | $0.477129 |
March | $0.331070 | $0.451479 |
April | $0.378346 | $0.555255 |
May | $0.312259 | $0.622599 |
June | $0.230277 | $0.316526 |
July | $0.206063 | $0.275175 |
August | $0.274363 | $0.352785 |
September | $0.249488 | $0.317798 |
October | $0.306959 | $0.350587 |
November | $0.254339 | $0.363427 |
December | $0.242784 | $0.274352 |
ICON Price Prediction 2030
The digital asset is projected to trade at $1.39 by the end of 2030. The expected minimum and maximum prices would be $1.34 and $1.59, respectively. Based on the icon coin price prediction, the technical aspect of the project will be upgraded more pronounced. This would result in a notable tightening of security measures, ultrasonic transaction speed, and general growth.
Month | Minimum Price | Maximum Price |
---|---|---|
January | $0.237398 | $0.349806 |
February | $0.353397 | $0.477129 |
March | $0.331070 | $0.451479 |
April | $0.378346 | $0.555255 |
May | $0.312259 | $0.622599 |
June | $0.230277 | $0.316526 |
July | $0.206063 | $0.275175 |
August | $0.274363 | $0.352785 |
September | $0.249488 | $0.317798 |
October | $0.306959 | $0.350587 |
November | $0.254339 | $0.363427 |
December | $0.242784 | $0.274352 |
ICX Price Prediction 2040
The ICON ICX price prediction for 2040 reveals that the coin will trade at $87.28. The price might go down to $82.72 and rise almost immediately to $95.96. New features would ensure a massive adoption rate before the end of 2024.
ICON Price Prediction 2050
The price of the icon is still under analysis. In 2025, the icon will be valued at $121.44. This forecast icon price is set to move up, reaching $132.55 after dropping to $115.62. By then, the demand for interoperability will be on the high side, thereby leading to an increase in adoption.
Historical Analysis of ICON Coin
ICON has experienced price instabilities since its appearance in the digital market. Based on the current price, ICON is ranked no. 266, amongst other virtual currencies. The coin is valued at $0.118714. With the circulating supply of 994,566,106 ICX, the coin traded at a volume of $4,119,273.88 while maintaining a market capitalization of $230,181,143.68. Per records, ICON attained an All-time-high of $12.64 after suffering a serious defeat which saw the coin to its lowest at $0.11.
The price of ICON was notably influenced by its listing on the Binance exchange, burning mechanism, its interoperability at launch, and partnerships with companies like Kakao and Samsung. Market trends show that the price of ICON is currently following a bearish pattern with the potential for future rise.
Technical Analysis for ICON Coin
Various technical tools and popular indicators were used in assessing ICON performance, among other cryptocurrencies, to gain a more complete perspective on participants’ investment decisions concerning the particular asset’s price development over time. Currently, the ICON’s price today stands at $0.11979. During the analyzed period, the highest price was $0.133, while the lowest was $0.122. Regarding price changes over 24 hours, the rate of change was 1.85%. A bearish market sentiment about the asset’s price in the future has also been observed despite the fact that weekly forecasts were held as well.
One of the key elements of the analysis was the examination of ICON’s historical price chart and the utilization of moving averages. The price of the 50-day simple moving average SMA was shown to be $0.138451, while the 200-day SMA was $0.171509. The 50-day simple moving average helps identify an asset’s short-term trends, and the 200-day SMA determines an asset’s long-term trend; therefore, knowing these averages can be beneficial to traders. Most traders often compare the two SMAs to find potential support and resistance levels, as well as overall market direction, which ensures successful trades. Such knowledge is, however, very useful for forecasting ICON price movements.
In addition to the moving averages, the analysis also incorporated the use of momentum oscillators to gain a deeper understanding of the market’s current sentiment and potential future price actions. As for the Relative Strength Index (RSI), its 14-day RSI recently approached the 33.58 mark, which signaled the presence of bearish dynamism in the market. The situation is further compounded by the MACD (Moving Average Convergence Divergence) analysis, which also confirmed the AN422 with MACD-12 at -0.0034 and the signal line at -0.0029. Oscillators, including the RSI and MACD thresholds, assist in measuring extreme market conditions along with the possible market changes, improving the precision of the traders and the investors as they determine their entries and exits to the position.
Additionally, long-term ICX technical analysis made use of historical data and social dynamics that have been useful in the evaluation of ICON price movement and its position in the market. It emerged from the historical analysis that a major strength of ICON was its incorporation with firms like Samsung, the pursuit of a decentralized system, and the fact that it is a unique and interoperable project. These fundamental aspects provide a great insight into the price action of ICON and the overall market where cryptocurrencies operate primarily.
When it comes to trading ICON, the analysis highlighted the importance of monitoring key price levels, such as resistance levels, support levels, pivot points, neutral signs, and trend lines. Such indicators greatly assist traders and investors, allowing them to evaluate potential uptrends and downtrends forecast in the ICX price chart. By studying and analyzing these price levels, market participants can make more informed decisions and potentially capitalize on the asset’s price movements.
In another evaluation, specialists analyzed the market of Litecoin (LTC) and stated that now a neutral coin level is observed with its pair LTC/USD ranging from $50 to $70. They predicted that there is a high chance of breaking above $65 or below $55. The environment would determine Litecoin’s future movement direction. The described circumstances also enhance the understanding of cryptocurrency market mechanisms and the reasons for the fluctuations of miscellaneous digital assets’ value.
Is Now the Time to Buy, Sell, or Hold ICON?
Based on recent analysis, ICON is currently on a bearish market trend with a 69 fear-Greed Index. With the rise of ICON price and potential return on investment via expert analysis, it would be a good investment to purchase and hold ICON coins. However, hopping on ICON at the present has its downside. The price of ICON is prone to fluctuations as a result of market uncertainties and volatility. Regulatory issues like security and non-compliance could affect the digital asset in the near term. The looming election in the United States will also have an impact. Investors are advised to buy and hold ICON coins due to their uptrend potential in the near future.
Factors Influencing ICON Price
Regulatory Developments
Recent research suggests that strict checks and balances have been implemented in the digital eco-space. Regulated businesses such as cryptocurrencies must comply with a series of regulations before they can operate. These include obtaining the necessary licenses and adhering to anti-money laundering and know-your-customer (KYC) regulations, among other regulatory policies issued by relevant authorities.
Market Adoption
The performance and adoption status of a digital asset depends largely on the level of its technological framework, recent developments, and the presence of the asset in the market space. Strong underlying technology, constant development, and high recognition among users and investors typically accelerate the market adoption of the assets. However, other factors, such as the project’s cold, its projected market, its usefulness in the real world, and its community, can have some impact on its acceptance and market penetration.
Technological Advances
There is a direct link between the price of virtual currencies and the technological structure and composition of a project. Special characteristics like scalability, versatility, and security can increase the attractiveness of a digital asset to investors and users. Projects that demonstrate technological advancements and innovative solutions to address the challenges faced by the crypto ecosystem are more likely to gain traction and see increased price valuations.
Investor Sentiment
Investor sentiment is fundamental in the determination of price regarding digital assets. Positive sentiments such as regulatory clarity, mass market penetration, and positive market trends lead to demand and higher selling prices. On the other hand, negative investor sentiments like market loss, negative events, and regulatory issues can put a strain on the price.
Liquidity and Trading Volume
The liquidity of any asset directly impacts its valuation and possible price estimation. High demand, volume, and narrow bid-ask price variations are what one expects when trading highly liquid assets, and this results in better price settings. Also, the larger the volume of trading, the more active the exchange of the asset, which can lead to appreciation or depreciation of prices depending on demand-supply variations.
Global Economic Conditions
Various global events, such as elections, wars, politics, inflation rates, and interest rate changes, will have a greater effect on the prices of cryptocurrencies than other factors. Market conditions include investor satisfaction, market volatility, and price instabilities, all of which affect the evaluation of digital asset prices.
Competition
Projects like Wanchain, ARK, and AION, Wanchain, can be distinguished from ICON by the presence of strong feature engagements, such as improved scalability, cross-chain opportunities, as well as enhanced security features. The existence of these competitors offering more or less advanced technology developments will have an adverse effect on the market position of ICON, resulting in price oscillations as the investors may invest in those developments that are more interesting for them.
Supply and Demand
The basic economic principle of supply and demand applies to the cryptocurrency market as well. High demand and reduced supply can potentially drive the price of ICON up as the asset’s scarcity increases its perceived value. On the other hand, low demand and an increase in supply will have a negative effect on the price value, as the market may be oversaturated with available tokens.
ICON Price Prediction By Experts & Analysts
Several experts and analysts have stated their thoughts on ICON coin price prediction.
Wallet Investor
Wallet Investor is one of the crypto expert groups that analyzed the price of ICON and its future potential. They utilized historical trends and various technical indicators in weighing and comparing his perception of ICON. Per icon crypto price prediction, experts projected that 2024 will witness the coin trade between $0.00794 and $0.126 and finally resting at $0.119 as the average ICON price. They went ahead to give long-term predictions of ICON. They stated that while the market will favor ICON in the short term, the reverse would be the case on a long-term basis. They also hinted at the possible factors influencing ICON, ranging from partnerships, technological developments, and regulatory infrastructures.
TradingBeasts
Trading beasts is one of the most popular sites in the crypto community that focuses solely on digital coin analysis and predictions. The platform has gained millions of viewers’ and traders’ attention due to its precision, accuracy, and real-time data evaluation. ICON crypto price prediction projected that ICON would reach a high of $0.2165 in 2024 after witnessing a drop to $0.1173 within the year. They went further to outline the various factors impacting the price of ICON. They hinted at the recent security breaches in the digital ecosystem. They also revealed how icx market sentiments affect investors’ confidence in hopping on the project, leading to impaired adoption in the long run.
Digital Coin Price
These groups of analysts are similar to those that leverage the wallet Investor platform. According to the ICON price forecast by DigitalCoinPrice experts, it was predicted that in the short term, ICON will trade at $0.146 while witnessing a high of $0.150 in 2025. As a result of market fluctuations, it will experience a dip of $0.141. In 2030, these analysts envision that the price of ICON will thread a bullish scenario or pattern, hitting a high of $1.02. According to them, the long-term outlook of ICON is favorable. They also compared the profitability of ICON to other altcoins. They disclosed that one of the prominent competitors of the ICON project is AION, which has similar features to ICON, the most outstanding being the interoperability framework. Per investigation, DigitalCoinPrice experts are one of the analysts who believe that ICON is a good and profitable investment based on current price movement.
CoinPriceForecast
This category of crypto experts specializes in the price forecast of different virtual currencies, ranging from bitcoin to other altcoins. Acco ICON will reach a trading price of $0.13217 by December, projecting a 10.18 rise from its value this month. The coin will experience minor price setbacks but will eventually regain balance, up to the level of maintaining an uptrend streak. They also highlighted influential factors taking competing platforms as case study. Projects like Wanchain and ARK seem to offer better scalability options and security measures. These experts, in a neutral position, addressed the community, stating that investment in ICON is a good trading plan for future profitable rewards.
Conclusion
ICON is a popular blockchain project in the virtual world developed with decentralized technology to support and link the Web applications of various digital business enterprises. It was established with special features ranging from increased scalability, artificial intelligence utilization, and interoperability. Since its first appearance in the crypto space, it achieved several milestones and as well experienced significant setbacks. Some factors played a major role in influencing the price of ICON over the years and they include market volatility, partnerships with top companies, adoption status, and global economic trends.
Currently, ICON is trading at $0.1503 with a market capitalization of $230,181,143.68. Despite risk possibilities ranging from regulatory uncertainties to technical vulnerabilities and market manipulations, the coin still has a safe profile based on analysts. On this basis, ICON is a good investment with future potential. It is a project worth pursuing due to its improved technological advancements.
FAQs
What is the latest price of ICON (ICX) on 15 November 2024?
The price of ICON as of today, November 15, 2024, is $0.005027, reflecting a -0.01% decrease over the past 24 hours.
How much will ICON be worth in 2025?
According to market analysts and technical forecasts, ICON (ICX) is expected to reach $0.205 by 2025, reflecting moderate growth based on overall crypto market conditions.
What is ICON(ICX)?
ICON is a decentralized blockchain project developed to support and link the Web applications of various digital business enterprises.
Will ICON Be Worth In 2030?
The long-term projection for ICON suggests a price value of $1.39 by 2030, based on anticipated market growth, technological advancement, and increased enterprise adoption.
What wallet supports ICON?
The wallets that support ICON include ICONex, Metamask, Trust Wallet and Atomic Wallet.
Is it profitable to invest in ICON?
Following the market trends and technical analysis, it is profitable to choose and invest in ICON due to its uptrend potentials.
How high can ICON go?
Taking 2050 as an instance of a long-term basis, ICON can go as high as $121.44.