$0.23
$0.00 (-1.06%)
End-of-day quote: 2022-10-17
ICX/USD

Is ICON currently in an uptrend?

According to analysts, the answer is no. Since December 29, 2021, ICON has been on a long-term downswing, decreasing in value by -84.03 percent. The 200-day moving average is currently 85.72 percent less than the current price, 25.74 percent less than the 100-day moving average, and 8.05% lower than the 50-day moving average.

EMA 200-day line
EMA 100-day line
EMA 50-day line
SMA 200-day line
SMA 100-day line
SMA 50-day line

The ICON Forecast for 2023

The one-year forecast is generally seen as the most accurate.

Some analysts were optimistic, predicting a 12-month price target of $0.27. Others were much less optimistic, with an anticipated price of $0.20.

The most recent average price target for the following year is $0.23, which is the most crucial number.

This means that ICON could drop by -0.18% in value during 2023.

ICX - Relative Strength Forecast

ICON broke through the 25 strength line from above on 2022-08-18 and then changed into a weak trend, which thereby generated sell signals that lasted one month. Late Sep 2022 we see how the relative strength rises from below 25 to above 25. Thus, ICON has been in a buy signal since 2022-09-25.

ICX - Trend Prediction

ICX - Price Volatility Prediction

From 08/17/2022 we see a strong ICON above the moving average causing rising prices of ICON. From early Sep 2022 we then see a strong ICON, which then triggers a buy signal.

ICX - Relative Strength

From 08/15/2022 to 08/16/2022 ICON was so overbought that this led to a reversal trend. Late Oct 2022 we then see ICON developing more and more weakness, which is a sell signal.

ICX - Momentum Forecast

Late Oct 2022 ICON left the oversold zone to the upside, which led to a short-term _-val__ change in trend. In October we then see weak volatility for ICON for a longer period of time which led to negative signals for ICON.

The Future of ICON In 2025-2030

The future of ICON looks bright according to thirteen analysts who predict that the cryptocurrency will reach $0.23 by March 2025. In five years, the price of ICON is expected to be $0.23, and by 2030, it is anticipated to reach $0.23.