ICON (ICX) Price Prediction – 2023, 2025, 2030

ICON (ICX) Overview

ICON (ICX) Introduction

Particularly in its native South Korea, the ICON Network and the ICX token that it is linked to are creating waves. What will happen in the future now that the price has fluctuated recently? What is the expected price of ICONs? Look at it now.

What Is ICON (ICX)?

The native token of the ICON Network, which enables users to develop their own coins and blockchains in collaboration with the network, is the ICX coin.

The blockchain is the foundation for a Covid-19 tracing system in Jeju Island, South Korea, thanks to the ICON Network, which was developed by the South Korean company ICONLOOP and includes a decentralized exchange (DEX). Partnerships with some major corporations and governmental agencies have also been announced.

ICON (ICX) Fundamental Analysis

In the month following its introduction in October 2017, the ICO for the ICON token raised $42.75 million. The crypto market boom of 2017–18 caused ICON price to quickly increase from its initial minimum price value of $0.4559. In November 2017, the average trading price crossed the $1 threshold. Early in 2018, the coin maintained its upward trend, achieving its maximum value of $12.64.

In August 2018, it dropped to less than $1 due to its inability to maintain this maximum price value. The year 2021 saw a significant bullish market for cryptocurrencies, and ICX benefited from it as well. After two and a half years, it finally crossed the $1 threshold in February 2021, reaching an intraday average price of $1.38. In one month, the ICX price doubled.

The ICON price predictions for the term indicated that this growth would continue in the upcoming months. But in April closing, ICX was down over 16%. ICX had a successful May when it traded at its maximum price of $2. It quickly fell below $2, losing more than half of its average trade price as it went from an intraday maximum price of $1.96 to a minimum price of $0.8699 during the big crypto market crash.

In the months that followed the catastrophe, the price level of ICON displayed a variable tendency. A bearish cryptocurrency market led to the ICX’s ongoing plunge below a dollar. In August 2021, the market recovered, with ICX ending the month up at a minimum price of $1.33.

September 2021 saw an increase of 15%, while the ICX price again crossed the $2 threshold in October and closed with an increase of more than 50%, making it even better. But in November it went down by nearly a quarter. Poor trading conditions led to an average trading price of $1.15 in December. At that point, it had a market capitalization of around $775m, ranked 101 in the whole crypto world.

Following a general slump, the coin started off at $1.22 in 2022 but later rallied to $0.70 in February. However, the price of ICX increased to a 52-week high after Yoon Suk-yeol won the South Korean presidential elections in March 2022. ICON coin was selling at an average price of $0.82 thanks to Yoon’s commitment to deregulating and promoting the cryptocurrency industry. 

The coin was trading at a multi-week maximum price level of $1.11 by April 2022. The deposits, withdrawals, and trading for the crypto-asset are now live following the ICX debut on the cryptocurrency exchange OKCoin, and Quick Buy has been offering them ever since. But after a brief peak, the coin started to fall sharply, eventually reaching a low of $0.23. The token is currently trading at about $0.30 as of the end of June.

ICON (ICX) Technical Analysis

The portal DigitalCoinPrice conducted a technical analysis. There was a panel of 26 technical indicators, 10 of which suggested selling (mainly the SMAs and EMAs), another 10 suggested holding or being neutral (MACD, RSI, etc.), and 4 suggested purchasing (Hull Moving Average and VWMA, etc).

Now that that is over, let’s look at what some people are predicting will be the price of ICX. At this point, it is important to note that projections, especially longer-term ones, are frequently incorrect. Furthermore, a lot of long-term cryptocurrency price predictions are created using algorithms, which might change at any time.

ICON (ICX) Current Price

ICON is currently worth $0.235705 USD. ICX has moved 4.83% in the last 24 hours with a trading volume of $9,361,449. ICON is currently ranked 250 amongst all cryptocurrencies with a market capitalization of $233,389,493 USD.

Utilizing the relative strength index (RSI), moving weighted average (MWA), williams fractal (fractal) and moving average convergence divergence (MACD) from the chart above, we can determine price patterns for ICON (ICX) to decide wether it is going to have a bullish or bearish year.

ICON (ICX) Price Predictions

Our price prediction forecasts use real-time ICON (ICX) market data and all data is updated live on our website. This allows us to provide dynamic price predictions based on current market activity.

ICON (ICX) Price Prediction 2023

ICON, according to some, is one of the most amazing cryptocurrencies to rise this year (ICX). The ICX price forecast for 2023 anticipates a significant increase in the year’s second half, possibly reaching $0.353557.

As with other cryptocurrencies, the rise will be gradual, but no considerable drops are expected. Averaging $0.329987 in price is quite ambitious, but it is feasible in the near future given anticipated collaborations and advancements. ICX is expected to have a minimum value of $0.282846.

ICON (ICX) Price Prediction 2024

In 2024, ICON ICX price prediction has much room for expansion. As a result of the potential announcements of numerous new partnerships and initiatives, we anticipate that the price of ICX will soon surpass $0.589262. However, we should wait to see if the ICX’s relative strength index comes out of the oversold zone before placing any bullish bets.

Considering the market volatility, ICX will trade with a minimum trading price of $0.47141 and an average trading price of $0.518551.

ICON (ICX) Price Prediction 2025

If the upward trend continues until 2025, it could reach $0.824967 and ICX may profit. If the market experiences a decline, the goal may not be met. ICX is expected to trade at an average price of $0.754256 and a low of $0.707115 in 2025.

ICON (ICX) Price Prediction 2026

If ICON successfully boosts market sentiment among cryptocurrency enthusiasts, the ICX coin price could remain stable for the next five years.

According to our projections, ICX will be green in 2026. The ICX is expected to reach and surpass its all-time high in 2026. In 2026, the virtual currency will be worth $1.06, with a minimum price of $0.94282 and an average price of $0.989961.

ICON (ICX) Price Prediction 2027

After some extensive forecasting and technical analysis, we estimate the ICX price is expected to cross an average price level of $1.23 by 2027, with a minimum price of $1.18 expected before the end of the year. Furthermore, ICX has a maximum price value of $1.30.

ICON (ICX) Price Prediction 2028

Due to the future partnerships that are expected to happen by 2028, we are expecting that a bullish trend will continue, bringing the average price to around $1.46. If ICX manages to break the resistant level in 2028, we could see a maximum price of $1.53, failing to gather the support ICX needs by 2028 could result in a low of $1.41.

ICON (ICX) Price Prediction 2029

While ICX is striving towards interoperability between networks to hasten interaction, the bullish trend from the previous year is expected to continue. So the minimum trade price has been placed at $1.65 and a yearly price close above $1.77 in 2029.

ICON (ICX) Price Prediction 2030

By 2030, ICON will finally surpass its previous ATH values and record new price levels. The minimum price could be $1.89 and potentially reach a maximum price value of $2.00, averaging out at $1.93.

ICON (ICX) Price Prediction 2031

The cryptocurrency market is known to be highly volatile which is one of the many reasons why price forecasting is a difficult task. BitcoinWisdom tries our best to forecast future price points with precision, however all predictions should not be taken as financial advice and you should DYOR (do your own research). In 2031, we are expecting cryptocurrency to have gained adoption across many sectors. As such, the maximum ICX price in 2031 is projected to be $2.31 in the event of a bull run, with an average price level of $2.22.

Conclusion

Research was done on the ICON Network and its native token, ICX price prediction. We found that each investment made will be profitable due to its potential and importance. If you intend to keep the coin for a long time, it is undoubtedly a wise purchase. To be clear, these predictions are typically not the main consideration when choosing a product.

Experts claim that technical assessments and other factors have an impact on the markets. It’s a good idea to gather your thoughts before using the forecasts to shape your viewpoint. Finally, it’s wise to avoid depending on price forecasts for your financial decisions.

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