Ice Token (ICE) price action shows that volatility is growing. The price action is more actionable regarding movements after a prolonged consolidation. The token is up 125% after jumping off from the $0.5678 support floor. The current price is $0.6133.

Its all-time high stands at $1.7808 and could be breached soon amid growing bullish momentum. Notably, the token has also broken out from a confining technical formation. Over the last hour, Ice Token price has increased by around 16%, which points to increased buying activity.

#Gateio

⬆️ Price Increase 1h$BS ▴27% #BS$ICE ▴16% #ICE$TRAC ▴15% #TRAC$WEMIX ▴11% #WEMIX$AIBB ▴10% #AIBB

⬆️ Volume Increase 1h$WEMIX ▴75% #WEMIX$AXS ▴67% #AXS$OXT ▴39% #OXT$BS ▴37% #BS$SXP ▴37% #SXP#crypto pic.twitter.com/r7D93qNgXy

— Crypto Tracker (@CryptoTrackify) September 20, 2023

Ice Token Price Forecast Amid Increasing Volatility And Growing Buyer Momentum

The four-hour chart below for the ICE/USD trading pair indicates a positive outlook. With technical indicators tipping the odds further in favor of the upside than the downside, ICE could rise. For starters, the Parabolic SAR, an indicator used to determine the directional bias of an asset, is providing support to IceToken price at $0.7976.

Other indicators supporting Ice Token price include the 9-day Exponential Moving Average (EMA) at $1.2167 and its associated Smoothed MA at $0.9255. These moving averages are tracking ICE from below. This shows that the north is the path with the least resistance.

Looking at the Relative Strength Index (RSI) trajectory, momentum is rising, which increases the chances of continued ascension. The Moving Average Convergence Divergence (MACD) indicator, along with its histogram bars, mirrors the trajectory of the RSI and shows a positive reading above the midline. This is bullish, indicating more buyers are approaching the ICE market.

Evidence of all this is indicated in Ice Token price breaking out from a bullish chart pattern, the ascending parallel channel. This shows that the bullishness in the market is beyond the confines of the technical formation, steered by growing momentum. If bulls can maintain the same gusto while keeping their profit appetite in check, the rally could continue for ICE.

Conversely…

Early profit-taking has always been the biggest threat to an asset’s upside potential. Low market cap tokens have proven susceptible to this challenge in the past. If sellers pull the trigger and seller momentum overpowers the bulls’ buying pressure, Ice Token price could fall.

A move south could plunge ICE back into the ascending channel, with likely targets being the midline of the pattern at $1.2167 or the lower boundary at around $1.0000. These levels are vital as they coincide with the 9-day EMA and its associated Smoothed MA.

Nevertheless, the bullish outlook would only be invalidated upon a decisive break and close below the support floor at $0.5678. Such a move would constitute a 65% slump from current levels.

As longs (traders taking long positions on ICE price) have a field day with ICE, consider WSM, the latest sensation in the meme coin ecosystem, features as the best crypto buy in September 2023.

[embedded content]

Promising Alternative To ICE

Wall Street Memes, the latest players in the meme coin ecosystem, has managed to rise up the ladder. It aims to leverage the democratization of the GameStop stock movement, steadily injecting its vitality into the crypto sphere. It has secured a place among the top four best crypto presales to buy in 2023 and the top three cryptocurrency gems with the potential to explode in September.

[embedded content]

The project has only a week before listing, with the window closing fast for interested investors to take part in the much-hyped meme coin launch. It’s presale has been one epic success story, breaching the $25 million mark in record time. Even ChatGPT is optimistic about WSM, anticipating a 1,600% surge.

[embedded content]

The success of the Wall Street Memes projects is owed to its strong fundamentals, bolstered by a strong community that only continues to grow. Join the WSM community and be part of the winning team. With the countdown to the end of the presale stage running out first, now is the time to buy WSM, a project that could 10X your money.

[embedded content]

Notably, the planned launch is not just anywhere but on tier-one exchanges, a merit that reiterates the level of credibility that WSM bears. It is also a measure of trust, solidifying its position in the crypto realm.

Joining the Wall Street Memes ecosystem is not just an orientation to the community but also an opportunity to earn passive income. Specifically, it has a staking function in place, increasing your income-earning opportunities. With up to 75 rewards per block and an Annual Percentage Yield (APY) of 56%, over 354,427 WSM tokens have been staked. Increase your income-earning opportunities today with WSM.

Buy WSM here

Also Read:

• SEO Powered Content & PR Distribution. Get Amplified Today.
• PlatoData.Network Vertical Generative Ai. Empower Yourself. Access Here.
• PlatoAiStream. Web3 Intelligence. Knowledge Amplified. Access Here.
• PlatoESG. Carbon, CleanTech, Energy, Environment, Solar, Waste Management. Access Here.
• PlatoHealth. Biotech and Clinical Trials Intelligence. Access Here.
• Source: https://insidebitcoins.com/news/ice-token-price-prediction-ice-likely-to-achieve-a-1-gain-by-next-month