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ICON (ICX) Live Price Chart & History

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5

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Risk Warning: Your capital is at risk

Price USD 1.17%
$3.502880
Price BTC
0.00039329
Volatility (7d)
1.00 %
Volatility (30d)
1.56 %
Market Cap USD
$1,356.4M
Market Share
Since launching at $0.408919 on 27/10/2017 ICON has achieved a price of $3.50288, rising 37.33% in the last week alone.

ICON Price Analysis: Predictions and Forecasts

Why buy ICON? What is it used for?

ICON is an interconnecting blockchain network. ICON can connect independent blockchains without the use of additional third-party intermediaries. Various blockchains can communicate with each other through the ICON platform. By connecting siloed blockchains, ICON aims to become the largest blockchain in existence... The advent of the blockchain technology has introduced the world of decentralization and is challenging our preconceived perspectives of the current social, political, and economic systems, most notably, the central banking system. The rapid advancement of this technology has begun to blend world borders and statute, providing glimpses of an improved, alternative future. Yet, the technology is still at its infancy and is confronted with limitations in terms of performance, ease of use, and service quality. Generally, the majority of blockchain projects place emphasis on their decentralization methodology and lack evidence of adoption in the real world due to their technological and business limitations. The ICON Project (“ICON”, “ICON Network”, “we”, “our”, “us”) aims to overcome such challenges and help advance our society towards true hyperconnectivity.
ICON was launched in 27/10/2017. .

Trading ICON : The Best Platforms to trade ICX

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Risk Warning: Your capital is at risk

ICON Trading: How To Buy + Trade ICX

Many of the 'long tail' of cryptocurrencies are currently only available at a handful of exchanges, many of which will not accept direct US Dollar, GBP or EUR deposits. In order to make a trade, you need to:
  1. Create a Bitcoin, Litecoin or Ethereum wallet
  2. Create a ICON wallet to recieve your coins
  3. Buy either BTC, ETH or LTC at an exchange you trust, making a deposit by bank transfer or credit card
  4. Transfer the major coin you have bought to an exchange that trades ICX
  5. Exchange your BTC, ETH or LTC for an amount of ICX, depending on the current exchange rate
  6. Move your ICON coins from the exchange to your private wallet to protect yourself from hacks or bankcrupcy at the exchange

The downsides of trading ICX on an exchange

As you can see, the process for trading ICON is not entirely straightforward or without risks. Exchanges are notorious for bad security and there have been several major incidents of hacking or an exchange 'going bust' with the losses to coin holders in the hundreds of millions. It is not safe to keep coins on any exchange, yet moving between exchanges or from an exchange to your wallet will incur fees.

Furthemore, its not uncommon for exchanges to go offline during periods of high volatility - means should the price of ICON crash you may find yourself unable to trade out of the currency and into a safe haven due to their site crashing.

What's the alternative?

If you plan to trade, rather than buying to hold, we recommend trading with a CFD or forex broker. It may limit your choice of currency, but has considerable advantages:

  • The brokers are established and regulated by financial conduct authorities
  • Brokers regulated in Europe offer deposit protection: if they go bust your deposit will be refunded by the goverment (though not your open trades!)
  • Deposits and trades can be made directly in a currency you are comfortable with - USD, EUR or GBP. No need to calculate multiple exchange rates to know your profit.
  • Forex brokers are accustomed to high volatility and are better prepared for spikes of traffic. In a bear market, you should have a better chance of closing trades and getting your money out before ICON goes to zero

You can see our list of featured trading platforms here

Will the price ICON fall continue to rise?

It's impossible to predict for sure if ICON is due for a crash or is headed to the moon, but this is what we do know:

  • In the past 7 days ICON has risen by 37.33%
  • In the past month it has lost -7.795527909333%
  • In total it has appreciated by $3.093961 since its inception, a change of 856.62%

Can ICON reach, replace, pass or overtake bitcoin?

At present ICON is trading at 0.00039329 BTC. In order to reach Bitcoin's current price of $15000 USD it would need to grow by 254,265.3%. If we assume ICON continued to as it has in the last month - with a price change of -7.80% it would take -8.585982472788 years just to reach Bitcoin's current price. To overtake bitcoin will take longer.

Price Targets:

If you're wondering if the price of ICX is going to take off and increase in price to a higher level we've done the math for you.
In order for ICON to reach $5.00 it needs to increase in price by a factor of 1.43x. Given its present growth rate of -7.80% per month, it could take just 1.8 months to hit a price target of $5 USD

What is the probability of hitting $5.00 over time?

Time periodChance final price > $5Chance final price < $5
1 week4.9%95%
1 month21.2%78.7%
3 months32.2%67.7%
6 months37.2%62.7%
1 year40.9%59%
2 years43.5%56.4%
3 years44.7%55.2%
4 years45.4%54.5%
5 years45.9%54%
These probabilities are an illustration based on a Monte Carlo simulation, calculated on the past 30 days historical volatility. We make no claim for real world accuracy
In order for ICON to reach $10.00 it needs to increase in price by a factor of 2.85x. Given its present growth rate of -7.80% per month, it could take just 5.2 months to hit a price target of $10 USD

What is the probability of hitting $10.00 over time?

Time periodChance final price > $10Chance final price < $10
1 week0%100%
1 month0.9%99%
3 months8.7%91.2%
6 months16.8%83.1%
1 year25%74.9%
2 years31.6%68.3%
3 years34.8%65.1%
4 years36.8%63.1%
5 years38.1%61.8%
These probabilities are an illustration based on a Monte Carlo simulation, calculated on the past 30 days historical volatility. We make no claim for real world accuracy
In order for ICON to reach $15.00 it needs to increase in price by a factor of 4.28x. Given its present growth rate of -7.80% per month, it could take just 7.3 months to hit a price target of $15 USD

What is the probability of hitting $15.00 over time?

Time periodChance final price > $15Chance final price < $15
1 week0%100%
1 month0%99.9%
3 months2.9%97%
6 months9.1%90.8%
1 year17.5%82.4%
2 years25.4%74.5%
3 years29.4%70.5%
4 years32%67.9%
5 years33.8%66.1%
These probabilities are an illustration based on a Monte Carlo simulation, calculated on the past 30 days historical volatility. We make no claim for real world accuracy
In order for ICON to reach $25.00 it needs to increase in price by a factor of 7.14x. Given its present growth rate of -7.80% per month, it could take just 9.8 months to hit a price target of $25 USD

What is the probability of hitting $25.00 over time?

Time periodChance final price > $25Chance final price < $25
1 week0%100%
1 month0%99.9%
3 months0.5%99.4%
6 months3.6%96.3%
1 year10.3%89.6%
2 years18.6%81.3%
3 years23.3%76.6%
4 years26.3%73.6%
5 years28.6%71.3%
These probabilities are an illustration based on a Monte Carlo simulation, calculated on the past 30 days historical volatility. We make no claim for real world accuracy
In order for ICON to reach $50.00 it needs to increase in price by a factor of 14.27x. Given its present growth rate of -7.80% per month, it could take just 1.1 years to hit a price target of $50 USD

What is the probability of hitting $50.00 over time?

Time periodChance final price > $50Chance final price < $50
1 week0%100%
1 month0%100%
3 months0%99.9%
6 months0.7%99.2%
1 year4.3%95.6%
2 years11.3%88.6%
3 years16.2%83.7%
4 years19.6%80.3%
5 years22.2%77.7%
These probabilities are an illustration based on a Monte Carlo simulation, calculated on the past 30 days historical volatility. We make no claim for real world accuracy
In order for ICON to reach $100.00 it needs to increase in price by a factor of 28.55x. Given its present growth rate of -7.80% per month, it could take just 1.4 years to hit a price target of $100 USD

What is the probability of hitting $100.00 over time?

Time periodChance final price > $100Chance final price < $100
1 week0%100%
1 month0%100%
3 months0%99.9%
6 months0.1%99.8%
1 year1.5%98.4%
2 years6.3%93.6%
3 years10.6%89.3%
4 years14%85.9%
5 years16.7%83.2%
These probabilities are an illustration based on a Monte Carlo simulation, calculated on the past 30 days historical volatility. We make no claim for real world accuracy
In order for ICON to reach $200.00 it needs to increase in price by a factor of 57.10x. Given its present growth rate of -7.80% per month, it could take just 1.7 years to hit a price target of $200 USD

What is the probability of hitting $200.00 over time?

Time periodChance final price > $200Chance final price < $200
1 week0%100%
1 month0%100%
3 months0%100%
6 months0%99.9%
1 year0.4%99.5%
2 years3.3%96.6%
3 years6.6%93.3%
4 years9.6%90.3%
5 years12.2%87.7%
These probabilities are an illustration based on a Monte Carlo simulation, calculated on the past 30 days historical volatility. We make no claim for real world accuracy
In order for ICON to reach $300.00 it needs to increase in price by a factor of 85.64x. Given its present growth rate of -7.80% per month, it could take just 1.9 years to hit a price target of $300 USD

What is the probability of hitting $300.00 over time?

Time periodChance final price > $300Chance final price < $300
1 week0%100%
1 month0%100%
3 months0%100%
6 months0%99.9%
1 year0.2%99.7%
2 years2.1%97.8%
3 years4.9%95%
4 years7.6%92.3%
5 years10%89.9%
These probabilities are an illustration based on a Monte Carlo simulation, calculated on the past 30 days historical volatility. We make no claim for real world accuracy
In order for ICON to reach $400.00 it needs to increase in price by a factor of 114.19x. Given its present growth rate of -7.80% per month, it could take just 2.0 years to hit a price target of $400 USD

What is the probability of hitting $400.00 over time?

Time periodChance final price > $400Chance final price < $400
1 week0%100%
1 month0%100%
3 months0%100%
6 months0%99.9%
1 year0.1%99.8%
2 years1.5%98.4%
3 years3.9%96%
4 years6.4%93.5%
5 years8.6%91.3%
These probabilities are an illustration based on a Monte Carlo simulation, calculated on the past 30 days historical volatility. We make no claim for real world accuracy

Is ICON a good investment? Is it safe to put my money into ICX?

No, it is not a 'good investment' to buy ICON, and given the market volatility it is certainly not safe either. We would urge you to not to consider buying or trading ICON as an investment but purely speculation.

It is certainly possible to profit from an increase in the value of ICX - and if you short the coin you might even profit from a crash in the market.

However with so much uncertainty in the market the best you can do is make an educated guess as to the direction of the price or the mood of the market. If you're not informed on the fundamentals that's pretty close to a gamble.

Remember, your capital is at risk.. Trading conditions can change at any time without prior notice. Buying, holding or trading is a high risk activity that may incur significant losses over a short period of time

Market Sentiment

ICON Development + Team

There are 27 developers coding the source behind ICON There are no sales or marketing staff on the team which could impede the coin's growth.

ICON publishes bios of all of its team members at their website which can help investors understand the motivations and people behind the project

The team is not active on the social media channels, which can be a troubling sign. Their blog is updated regularly with news and information on ICON's development

.

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