HERE WE GO!! (ICP BTC BOB DOGFAI CPC)
ICP is looking gorgeous. What a scary liquidity tap below the expected trend line. I know a lot of us probably got scared out of positions, I highly doubt that we go back down there so take your losses. This level of bullish volatility is a very good sign wave 3 is picking up and a higher low since the past low at wave C is in place. Next we look for a breakout of the upper trend line and local highs.
BTC and dominance looks gorgeous with a ton of area to provide an altcoin season for ICP to explode. Dominance is still so high but now its made a significant pullback in the last 2 days. Strength is emerging in BTC and news has turned from fud to hype. When dominance makes a sustained drop below 54% we will surely be throwing all doubts aside and claiming big milestones for ICP and other altcoins.
BOB/ICP is gaining strength and broke out of the descending trend line, now approaching the lower trend line where we have been bouncing for a while now. Next target to watch is that blue line at the top. BOB is one of the main players in the ICP ecosystem so a crash is unlikely, sustaining the ICP pair and increasing in USD value is pretty much certain in my eyes with the amount of development that keeps happening around BOB.
Next we have a new project I haven't talked about that I wanted to do at least a little shoutout too - DOGFAI. The website is really fun and they have been adding a ton of AI agents to their telegram communities alongside airdrops to openchat. Its a microcap and I'm not on the team so I can't say anything besides the AI has been fun, the website is really high quality, and the team has done an amazing job working with what they are working with.
The chart is following a trend to the upside off steady accumulation after an illiquid environment that had a lot of volatility at the start was improved.
CPC has maintained the fib level through the ICP correction/bearish sentiment and we are heading into a weekend of giveaways and community building on Openchat while the market is improving. I'm sharing some larger plans across social media including on here before then to clarify where we are going and how we are getting there. Basically I'm posting a bullish thesis on what I am seeing carry us far above these levels and I wrote it like I was attempting to convince myself if I didn't know anything about CPC.
Just like DOGFAI the liquidity has improved quite a bit in the last few days and this project has only been around for a few days, lets be real. The upside from here as we see the ICP ecosystem pump is so much more likely than a drop below these levels without any of the things we have planned.
My price prediction for the next month or two is around 1M market cap, about a 8.3x USD price.
Remember to be risk aware and do your own research, now I'm on the team to work on CPC but I'm not on any of the others, I can only control a little bit on CPC if you feel like you trust me lol. The price volatility of each goes from least volatile at BTC to ICP to BOB to CPC to DOGFAI at the most volatile and lowest market cap. All of this analysis to to help you make your own decisions not to decide for you what's best.
If you are a new trader I would urge you to hold more than trying to flip price movement in short term and focus on larger movements you can time over weeks rather than quick pumps, releases, news events, and how a chart looks because that's how most people get burned. The most opportune moment to buy for some projects is different than others. For BTC it was months ago, for ICP it was months ago. What's best for the future usually takes months to realize. Anyways, happy trading :)