Internet Computer

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<p>Internet Computer (ICP) and Chromia (CHR) have experienced significant price increases in the last 24 hours, with ICP gaining 24.16% and CHR rising by 17.80%. These impressive gains have caught the attention of traders and investors alike, as both projects demonstrate strong technical and fundamental indicators.</p><h2 class="wp-block-heading" id="internet-computer-icp-breaks-out-and-targets-79-57">Internet Computer (ICP) Breaks Out and Targets $79.57</h2><p>Internet Computer (ICP) has broken out of a descending channel on the 4-hour chart, signaling a potential trend reversal and further upside potential. The token is currently trading at $16.94, with a 24-hour low and high of $13.75 and $17.15, respectively.</p><p>The 200-day moving average (MA) for ICP stands at $8.211. With the token trading well above this level, it indicates that the long-term trend is bullish, and ICP has significant room for growth.</p><figure class="wp-block-image size-large"><img width="1012" height="1024" src="https://captainaltcoin.com/wp-content/uploads/2024/03/image-1132-1012x1024.png" alt="" class="wp-image-459575"></figure><p>The daily chart Relative Strength Index (RSI) for ICP is currently at 68.59. An RSI above 50 suggests a bullish momentum, while readings above 70 indicate an overbought condition. With ICP’s RSI at 68.59, the token is approaching overbought levels, but there may still be some room for further price appreciation.</p><p>Trader JAVON MARKS has <a href="https://twitter.com/JavonTM1/status/1771862782289363027" rel="noopener noreferrer nofollow">expressed</a> a highly bullish outlook on ICP, noting that the token is displaying signs of “major strength” and could be preparing for a massive continuation towards the $79.572 target. If this target holds, ICP could potentially experience an extraordinary 444% uphill run.</p><div class="wp-block-rehub-colortitlebox rh-colortitlebox"><div class="rh-colortitle-inbox"><i class="rhicon rhi-bolt-regular rh-colortitlebox-icon"></i><div class="rh-colortitle-inbox-label"> Explosion in Meme Coin Market; How to find potential successors to $WIF, $PEPE, and $BONK? <img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f92b.png" alt="🤫" class="wp-smiley"></div></div><div class="rh-colortitlebox-text"><div class="wp-block-rehub-contenttoggler rh-contenttoggler"><div class="rh-toggler-wrapper"><p>The key? Getting in early, especially during the <strong>ICO phase</strong>. Check out <a href="https://captainaltcoin.com/go/ll_inside/" rel="noopener noreferrer nofollow"><strong>NuggetRush</strong></a> today! This new memecoin combines play-to-earn gaming with authentic gold mining ventures. <a href="https://captainaltcoin.com/go/ll_inside/" rel="noopener noreferrer nofollow"><strong>Seize the opportunity</strong></a> with ongoing presale prices! Plus, prepare for $NUGX’s upcoming launch on major exchanges.</p><span class="rh-tgl-trigger"><span class="rh-tgl-show">Show more +</span><span class="rh-tgl-hide">Show less –</span></span><span class="rh-tgl-grad"></span></div></div></div></div><h2 class="wp-block-heading" id="chromia-chr-surges-on-breakout-and-strong-fundamentals">Chromia (CHR) Surges on Breakout and Strong Fundamentals</h2><p>Chromia (CHR) has also experienced a notable price increase, gaining 17.80% in the last 24 hours. The token is currently trading at $0.5151, with a 24-hour low and high of $0.4248 and $0.5635, respectively.</p><p>Like ICP, CHR has broken out of a descending channel on the 4-hour chart, indicating a potential trend reversal and further upside potential.</p><p>The 200-day moving average (MA) for CHR stands at $0.2129. With the token trading significantly above this level, it suggests that the long-term trend is bullish, and CHR has considerable room for growth.</p><figure class="wp-block-image size-large"><img width="1012" height="1024" src="https://captainaltcoin.com/wp-content/uploads/2024/03/image-1133-1012x1024.png" alt="" class="wp-image-459583"></figure><p>The daily chart Relative Strength Index (RSI) for CHR is currently at 67. Similar to ICP, an RSI above 50 indicates a bullish momentum, while readings above 70 suggest an overbought condition. With CHR’s RSI at 67, the token is approaching overbought levels but may still have some room for further price appreciation.</p><p>Chromia’s strong fundamentals, including its modular, relational blockchain platform and its focus on making it easy for people to build decentralized applications (DApps), have likely contributed to the recent price surge. The project’s founding company, ChromaWay, has been working on blockchain solutions since 2014 and is known for creating colored coins, which have a wide range of use cases across various sectors.</p><p>The recent price surges of Internet Computer (ICP) and Chromia (CHR) demonstrate the growing interest in projects with strong technical indicators and solid fundamentals. As both tokens break out from descending channels and trade well above their 200-day moving averages, investors and traders are taking notice of the potential for further upside.</p><p>You may also be interested in:</p><ul><li><a href="https://captainaltcoin.com/is-the-solana-era-ending-elite-analyst-bets-on-coinbases-layer-2-ecosystem-heres-his-outlook/" rel="noopener noreferrer nofollow">Is the Solana Era Ending? Elite Analyst Bets on Coinbase’s Layer 2 Ecosystem – Here’s His Outlook</a></li><li><a href="https://captainaltcoin.com/stacks-stx-price-eyes-4-following-30-pump-while-the-graph-grt-consolidates-heres-why/" rel="noopener noreferrer nofollow">Stacks (STX) Price Eyes $4 Following 30% Pump While The Graph (GRT) Consolidates – Here’s Why</a></li><li><a href="https://captainaltcoin.com/the-2024-launchpad-token-outlook-bull-run-investment-strategy/" rel="noopener noreferrer nofollow">The 2024 Launchpad Token Outlook: Bull Run Investment Strategy</a></li></ul><div class="bigofferblock margincenter mb30 pt20 pl20 pr20 "><div class="col_wrap_two mb0"><div class="offerbox_big_wrap flowhidden"><div class="image position-relative text-center col_item mobileblockdisplay img-maxh-350 img-width-auto"><a class="re_track_btn" href="https://captainaltcoin.com/go/ll_bottom/" rel="noopener noreferrer nofollow"><img class="lazyload" width="500" alt="Check NuggetRush ($NUGX)" src="https://captainaltcoin.com/wp-content/themes/rehub-theme/images/default/blank.gif"></a></div><div class="product-summary col_item mobileblockdisplay"><h3 class="product_title entry-title font150 lineheight25 mb30" id="a-class-re_track_btn-href-https-captainaltcoin-com-go-ll_bottom-rel-noopener-noreferrer-nofollow-span-check-nuggetrush-nugx-span-a"><a class="re_track_btn" href="https://captainaltcoin.com/go/ll_bottom/" rel="noopener noreferrer nofollow"><span>Check NuggetRush ($NUGX)</span></a></h3><div class="rev_disclaimer font70 greencolor lineheight15 mb20"> Sponsored: Invest Responsibly, Do Your Own Research. </div><div class="buttons_col mb25 rh_big_btn_inline"><div class="priced_block clearfix"><div><a class="re_track_btn btn_offer_block" href="https://captainaltcoin.com/go/ll_bottom/" rel="noopener noreferrer nofollow"> Buy NUGX Today </a></div></div></div><div class="bigofferdesc"><i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"></i>Being in its <strong>ICO stage</strong>, NuggetRush offers a prime opportunity for early investors to get in at potentially lower prices <br><i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"></i>A unique <strong>play-to-earn</strong> gaming platform in the memecoin market <br><i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"></i>The platform combines artisanal and <strong>gold mining</strong> with cryptocurrencies in an unusual gaming context, offering a distinctive and immersive experience <br><i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"></i>Fosters a strong <strong>community </strong>by encouraging physical meetups among members <br><i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"></i><strong>NFT</strong> Integration with Prominent Characters </div></div></div></div></div><p>The post <a href="https://captainaltcoin.com/internet-computer-icp-and-chromia-chr-prices-pumping-heres-why/" rel="noopener noreferrer nofollow">Internet Computer (ICP) And Chromia (CHR) Prices Pumping: Here’s Why</a> appeared first on <a href="https://captainaltcoin.com" rel="noopener noreferrer nofollow">CaptainAltcoin</a>.</p>

Internet Computer (ICP) And Chromia (CHR) Prices Pumping: Here’s Why

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