I've stopped to follow ICX but today I ended up on a DEX where years ago I moved a small bag of them I own, so I went back to check the chart. I know ICX blockchain is used in Korea (for ID cards or something like that) but I really have no idea if there are chances for another run. Anyone knows something?
Assuming history will repeat (I'm not a big fan of this theory but it's the only think I can suppose right now) I foresee two options:
1) orange forecast: based using the highest volume on the weekly as a pivot for the upcoming rise of price
2) blue forecase: based on time from last peak and ruling out the big dump between the two weekly peaks
If scenario 1 is right we should test ATH in June 2024 while if the correct scenario is the number 2 then 2024 will see an uprise of prices but it should take 2025 to get to past ATH and probably 2026 for new highs.
I tend to think that scenario number 2 is the more likely assuming ICX is not a dead coin.
If anyone of you is informed on this coin please share your knowledge.
Thanks
Assuming history will repeat (I'm not a big fan of this theory but it's the only think I can suppose right now) I foresee two options:
1) orange forecast: based using the highest volume on the weekly as a pivot for the upcoming rise of price
2) blue forecase: based on time from last peak and ruling out the big dump between the two weekly peaks
If scenario 1 is right we should test ATH in June 2024 while if the correct scenario is the number 2 then 2024 will see an uprise of prices but it should take 2025 to get to past ATH and probably 2026 for new highs.
I tend to think that scenario number 2 is the more likely assuming ICX is not a dead coin.
If anyone of you is informed on this coin please share your knowledge.
Thanks