The Internet Computer (ICP) token is currently trading at $8.79, down 6.22% against the US Dollar in the last 24 hours. ICP underperformed the cryptocurrency market, as the total crypto market cap decreased by 5.18% in the same time period. ICP performed poorly against BTC, recording a 9.11% loss against the world's largest cryptocurrency.
Despite the recent downturn, ICP has displayed a positive trend in the last 30 days, gaining 91.77%. The medium-term trend for ICP has been bullish, with a 203.00% increase in the last 3 months. The long-term picture for ICP has also been positive, displaying a 137.00% 1-year price change.
However, the current forecast for the Internet Computer price prediction is bullish, with ICP expected to reach a price of $10.19 by Dec 25, 2023, representing a 9.40% price increase in the next 5 days. It is crucial to monitor the ICP market sentiment, key support and resistance levels, and other metrics moving forward, as the cryptocurrency markets remain unpredictable and display high price volatility.