Future

bullish

Bitcoin

Coin

You can also read this news on COINTURK NEWS: <a href="https://en.coin-turk.com/analysts-predict-future-trends-for-icp-coin-and-altcoins/" data-wpel-link="internal">Analysts Predict Future Trends for ICP Coin and Altcoins</a> 
This article examines the predictions of three different <a href="https://en.coin-turk.com/donald-trump-gains-ground-against-kamala-harris-in-upcoming-elections/" data-wpel-link="internal">cryptocurrency</a> analysts regarding the future of <a href="https://en.coin-turk.com/unlock-panic-for-turks-favorite-3-altcoins-millions-at-stake/" data-wpel-link="internal">altcoins</a>. One analyst specifically discusses the target for ICP Coin, while the other two share their thoughts on the short and medium-term trajectories of altcoins in general. Their graphs, targets, and views provide investors with varied perspectives on the market. 
<h2 id="icp-coin-forecast">ICP Coin Forecast</h2> 
First, popular cryptocurrency analyst Crypto Tony shares a graph just minutes before the opening of the US market. He reveals his short-term target for ICP Coin, indicating that if the price surpasses $11.1, investors can expect further upward movement. Crypto Tony also marks $11.1 as his entry point. 
<img loading="lazy" loading="lazy" decoding="async" class="size-full wp-image-388158 aligncenter" src="https://coin-turk.com/wp-content/uploads/2024/09/icp-coin-analist-yorumu-scaled.jpg" alt="" width="2560" height="1282"> 
Currently, ICP Coin is around the $8.7 region, and US markets opened positively at the time of writing. However, Bitcoin (BTC) remains below $57,000. 
<h2 id="altcoins-forecast">Altcoins Forecast</h2> 
Crypto analyst Mikybull describes the general state of altcoins as the calm before the storm. The accompanying graph focuses on the market value of altcoins, excluding BTC and ETH. The total value stands at $553 million, with a target of surpassing $700 billion by the year’s last quarter. 
<img loading="lazy" loading="lazy" decoding="async" class="size-full wp-image-388159 aligncenter" src="https://coin-turk.com/wp-content/uploads/2024/09/altcoinler-2024-sonu-hedefi.jpg" alt="" width="1946" height="1105"> 
Mikybull expects the total <a href="https://en.coin-turk.com/what-is-fio-protocol-coin/" data-wpel-link="internal">altcoin</a> market value to grow to $1.65 trillion, indicating an average increase of 3 times for other cryptocurrencies. If this prediction is accurate, many positively diverging cryptocurrencies could see gains up to 10 times. 
The final analyst, Yoddha, presents a projection based on historical cycles. According to him, the total market value of altcoins has already bottomed out and will return to the 2021 peak of $1.131 trillion by early 2025. 
<img loading="lazy" loading="lazy" decoding="async" class="size-full wp-image-388160 aligncenter" src="https://coin-turk.com/wp-content/uploads/2024/09/altcoinler-2025-basi-hedefi.jpg" alt="" width="2526" height="1896"> 
“The next breakout for altcoins will be significant. Look at the formation of accumulation in this graph,” Yoddha states. If we are to witness the beginning of a bullish period, it likely won’t happen in September, as the BTC price continues to decline despite favorable inflation data and Japan’s easing on new rate hikes. Investors may be looking to catch the markets at their most desperate moments. 
The post <a href="https://en.coin-turk.com/analysts-predict-future-trends-for-icp-coin-and-altcoins/" data-wpel-link="internal">Analysts Predict Future Trends for ICP Coin and Altcoins</a> appeared first on <a href="https://en.coin-turk.com" data-wpel-link="internal">COINTURK NEWS</a>.

Analysts Predict Future Trends for ICP Coin and Altcoins

Table of Contents

COINTURK NEWS

Other articles published on Sep 11, 2024

Crypto ranks as second most targeted industry for ID fraudsters in 2024

Singapore Bans Crypto Gambling Amid Money-Laundering Fears

TRON, Tether, and TRM Labs Unite to Combat Crypto Crime

Perpetual Futures 30-Day Average Funds Turn Negative: Is a Market Bottom on the Horizon?

Stop Whining, Start Winning – RWA Altcoins Holders Cry in Poor, While These Bullish Memecoins Tra...

New Memecoin Trump Loves Tesla Will Skyrocket 16,000% Ahead of Exchange Listings, While Dogecoin ...

Join our free newsletter for daily crypto updates!