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- Aug 27, 2024 14:27 UTC
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ICON (ICX) Price Prediction 2024, 2025-2030: Is ICX A Good Investment?
ICON Network is a layer-one blockchain that aims to create a safe, scalable, and multichain bridging solution. The team’s main objective is to develop a worldwide network that enables the efficient use of various gadgets in the future.
Are you one of the thousands who are interested in ICX’s price projections? Look no further as we uncover the plausible price targets for 2024 and beyond.
Market Top Gainer
26.943% 
Overview
| Cryptocurrency | ICON |
| Token | ICX |
| Price | $ 0.09725358  -7.74% |
| Market cap | $ 102,775,443.1953 |
| Circulating Supply | 1,056,778,036.2425 |
| Trading Volume | $ 2,764,115.0641 |
| All-time high | $ N/A |
| All-time low | $ N/A |
| 24 High | Coming soon |
| 24 Low | Coming Soon |
*The statistics are from press time.
ICX Price Prediction August 2024
With a falling channel in the daily chart, the ICX price trend is declining. The Icon price dropped by 66% to test the $0.1230 support level before taking a double-bottom reversal.
The reversal rally challenges the 50D EMA and the overhead trendline, accounting for a 21% surge. However, the reversal from the resistance trendline begins with an evening star pattern.
A downfall in the ICX price will retest the $0.1203 support level. However, a bullish continuation with the market recovery will challenge the 38.20% Fibonacci level at $0.1873.
| Year | Potential Low | Average Price | Potential High |
| August | $0.1203 | $0.1538 | $0.1873 |
ICX Price Prediction Q3 2024
With a breakout run by the end of the third quarter, the bull run in ICX price can find a higher high formation. Considering the bull run finds the support of the crypto market bounce back, the uptrend could reclaim the $0.20 mark.
By the end of Q3, the uptrend in ICX price can reach the $0.23866 high. On the flip side, the $0.15 support will remain a crucial cushion.
| Quarter | Potential Low | Average Price | Potential High |
| Q3 | $0.15 | $0.1954 | $0.23866 |
ICX Price Prediction For 2024
This cryptocurrency offers a wide range of potential applications. Including e-commerce, securities trading, financial organizations, institutions of higher education, etc. Furthermore, the coin is expected to grow if the community focuses on growing its potential audience and upgrading its platform. As a result, the cost might rise as high as $0.8998.
In contrast, if the altcoin fails to satisfy customers and traders, the price may fall below $0.231. As a result, a balance in trade practices might end the year at $0.4791.
| Year | Potential Low | Average Price | Potential High |
| 2024 | $0.4642 | $0.6791 | $0.8998 |
ICON (ICX) Price Projection For 2025
ICON is a NexGen blockchain-based platform meant to support blockchain network interconnection and batch processing on a single layer. As newer and better features are invented on the platform, it could gain momentum and become pricier at $1.4379.
Conversely, a potential financial breakdown or a global market collapse might cause the price to fall to $0.7316. However, considering the bullish and bearish targets, the average price may find its base at $1.0927.
| Year | Potential Low | Average Price | Potential High |
| 2025 | $0.7316 | $1.0927 | $1.4379 |
ICX Price Prediction 2026-2030
| Year | Potential Low | Average Price | Potential High |
| 2026 | $0.80 | $1.22 | $1.65 |
| 2027 | $0.88 | $1.35 | $1.87 |
| 2028 | $0.95 | $1.49 | $2.09 |
| 2029 | $1.02 | $1.62 | $2.30 |
| 2030 | $1.10 | $1.75 | $2.52 |
ICX Price Prediction 2026: Potential low at $0.8048, average price at $1.2238, and potential high at $1.6536.
ICX Price Prediction 2027: Potential low at $0.8779, average price at $1.3549, and potential high at $1.8693.
ICX Price Prediction 2028: Potential low at $0.9511, average price at $1.4861, and potential high at $2.0850.
ICX Price Prediction 2029: Potential low at $1.0242, average price at $1.6172, and potential high at $2.3006.
ICX Price Prediction 2030: Potential low at $1.0974, average price at $1.7483, and potential high at $2.5163.
Coinpedia’s ICX Price Prediction
As per the ICON price forecast formulated by our experts, the coin has solid fundamentals and an enthusiastic team supporting it. That said, the coin can rise to the maximum price of $0.8998 if bulls outpace the bears. On the flip side, the coin may touch the bottom at around $0.4642.
| Year | Potential Low | Average Price | Potential High |
| 2024 | $0.4642 | $0.6791 | $0.8998 |
Market Analysis
| Firm Name | 2024 | 2025 | 2026 | 2027 |
| Wallet Investor | $0.5058 | $0.0115 | $0.00522 | $0.00266 |
| Digital Coin Price | $0.24 | $0.39 | $0.50 | $0.61 |
| Priceprediction.net | $0.25 | $0.36 | $0.50 | $0.72 |
Click here to read our price prediction of Moonbeam (GLMR).
What Is ICON Network (ICX)?
ICON Network is a layer-one blockchain that aims to create a safe, scalable, and multichain bridging solution. Additionally, ICON also serves as a hub to link all other blockchains integrated through BTP with partner blockchains.
It is a network that was established in 2017 by one of the companies in South Korea. Furthermore, the ICON blockchain and its applications use ICX as their native currency. Summing up, it is a complete network of blockchains to facilitate the connection and interaction with various blockchain software programs across distinct networks.
The main objective of the team is to develop a worldwide network so that it enables various gadgets for efficient usage in the coming future.
Fundamental Analysis
Min Kim co-founded the ICON Network back in 2017. It is a cross-chain bridge but unlike other bridge systems, ICON offers an interoperability alternative. One that is not constrained by the blockchain’s basic technology or the number of existing bridges. ICON is a portal that instantaneously connects any blockchains linked with the ICON ecosystem. Regardless of if they were developed with ICON’s Goloop, cosmos 
cosmos - [email protected] Blockchain Network 
SDK, or Substrate.
The main players of the ICON Network are Public Representatives (P-Reps) and ICONists. While, ICONists are members of the ICON republic, who assign their ICX to the most successful P-Reps, in return for the highest stake reward. P-Reps are validator nodes that perform tasks that benefit the ICON network and secure the network.
Here are some core features of the ICON
- It encourages community governance by using Delegated Proof-of-Stake (DPoS).
- The ICON blockchain’s interoperability functionality is intended to promote the effortless exchange of resources across various blockchains.
- On the ICON blockchain, partners and entrepreneurs can access a vast, expedited network fueled by ICX units.
To read our price prediction for Polkadot (DOT) click here!
FAQs
ICON has more than doubled in price since 2020, it can bring in good returns if considered for the long term.
ICON is a secure platform, however, it does have some major rivals in the industry. So you may consider adding a small portion of the coin to your portfolio.
The coin is anticipated to trade around an average cost of $8998 by the conclusion of 2024.
The coin can strike record levels with a maximum and minimum trading price of $0.7316 and $1.4379 by the end of 2025.
The token can break out of its bearish market to reach the highest trading price of $1.4379, by 2025.
ICX
BINANCE
Pros
- ICON enables the independent and immediate execution of transactions.
- ICON is completely Decentralized information and open-source.
- ICON works on encouraging the usage of DApps and smart contracts.
Cons
- ICON is still a new project and does not yet have the same level of recognition as some of its major rivals.
- The team needs to come up with greater functionalities to make it stand in the future.
Disclaimer and Risk Warning
The price predictions in this article are based on the author's personal analysis and opinions. CoinPedia does not endorse or guarantee these views. Investors should conduct independent research before making any financial decisions.
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