Here are some of the long-term targets that are possible for ICPUSDT in this newly developing bullish cycle. The green boxes on the chart represent short-term targets. The blue lines are long-term.
These numbers do not cover the full range but should be more accurate than most when it comes to resistance and support. These levels can easily produce a stop on the way up.
The first target, easy and high probability, is $55.5. From current price, this opens up 895% profits potential. From the late October higher low, more than 1875%. If we were to calculate this same target coming from the market flush low, total growth amounts to 4685%. Naturally, we only consider relevant the profits potential starting from current prices.
The next two targets to consider are $138 and $220. This can be reached long-term. Bullish action starts now and it can take a long while to fully unravel. Some projects can produce a bull run phase lasting only 1-2 months. Most projects will grow for at least 4 months and some can grow 6-8 months.
Many of those producing a new all-time low in October can grow for years to come. Allow for strong variations because the market continues to grow and evolve. It becomes more complex; harder to trade, but profitable nonetheless.
Remember, the easiest strategy of all is to buy and hold. With this strategy, all the volatility, all the swings, all the shakeouts and all market manipulation turns to nothing. Short-term noise.
Namaste.
