Technical analysis by Dangermousebanana about Symbol ICP: Buy recommendation (1/30/2024)

After an extreemely hyped up ICO, FTX exchange helped to push up the price to extreemes, giving Venture Capital Funds the exit liquidity to dump their tokens.Seed investors paid 0.036 $ (3 and a half cents) and had the opportunity to sell at around 720$ making a 2000 x from their investment !!An almost 1000 day long dump followed the lunch of ICP leaving the investors with the feeling of a scam. Nobody was interested anymore and almost nobody is aware of the extraordinary and unpaired technology that represents the Internet Computer Token !Recently the price appreciated 450% in 60 days with huge volume, showing that this tokens does not belong to the digital cimitery.I kicked myself for not holding the 1000 tokens I bought for 2900 $ (which seems to have been almost the perfect bottom). Besides the woulda coulda shoulda, I am willing to accumulate this token around 11$ because I think that it has a great potential nonetheless.Cross chain swaps, data storage, internet hosting are only a few from the many capabilities that this World Computer has. ICP could even host Bitcoin or Ethereum onchain and has a real chance of becoming the World Computer that Ethereum aspired to be. Whereas I think Ethereum is a broken technology, I believe ICP has some legs.Not sure if the price of the token will fall back in the accumulation range below 8 dollars and 30 cents. Bullish as I am, I am willing to wait for that outcome.It was a long waiting game.I suffered a lot seing the tokens I swapped for ICP skyrocketing 2, 3 ... 5 x !!Today some alleviation seing ICP finally moving 20% +