Log in

🎄 Cryptonary Christmas Sale! 50% OFF. Save $500 Now Only ⏰ : 0d 12h 30m 33s

News

ICONX Technical Analysis - Consolidation Continues

Updated: Jul 25, 2024
Published: Jul 2, 2019
0
Share:

ICX has been requested by many members recently and we decided to cover the coin only when the time was perfect. Also called the “Korean Ethereum”, the project is aiming to hyperconnected the world using its unique Loopchain technology. The team already managed to apply the product in several industries such as the financial markets, universities and the health sector.

Post Feature Image

The South Korean venture has as a mission to unify blockchain communities and maintain their respective independence. Nowadays, the decentralized platform is working hard on interconnecting transactions among a different chain of blocks, as well as building meaningful partnerships for further adoption.

The technicals paint a picture of stagnation, the price has stagnated during the last semester of 2018 and the first trimester of 2019, with a lot of room to grow if we compare the current price with its ATH (-4264% down). Currently being traded at $0.30, the pair has a daily volume of around $11,9 Million and market capitalization of $143,22 Million. Its all-time high was reached the 10th of June of 2018 at $12.64.

Price action has rejected the $0.2875 level previously and wicks are showing exhaustion of the bearish momentum. Since April, ICXUSD has ranged between $0.4507 and $0.2875 and now bears seems to be entering again in the demand zone named before. From here, two scenarios are possible.

The first scenario is a strong bounce from the current levels ($0.3028-$0.2875). If bulls enter the game, the price may easily reach the $0.3512 and the $0.4507 resistance levels (targets highlighted in red). Those targets would be a 15% and 54% gain respectively. The second scenario contemplates a bearish breakout. If bears push the price below $0.2875, then the next demand zone would be $0.2508. Traders must closely watch TOTAL 2 and ETHBTC in order to evaluate the overall health of the altcoin market, as it is going to be one of the main catalysts for ICON to surge.

Continue reading by joining Cryptonary Pro

Save 50%

$997 $497/year

Get everything you need to actively manage your portfolio and stay ahead. Ideal for investors seeking regular guidance and access to tools that help make informed decisions.

VisaCardImageMsCardImageCoinbaseCardImageSolanaCardImage

For your security, all orders are processed on a secured server.

As a Cryptonary Pro subscriber, you also get:

  • 3X Value Guarantee - If cumulative documented upside does not reach 300% during your 12-month membership, you can request a full refund.

  • 24/7 access to experts with 50+ years’ experience

  • All of our top token picks for 2025

  • On hand technical analysis on any token of your choice

  • Weekly livestreams & ask us anything with the team

  • Daily insights on Macro, Mechanics, and On-chain

  • Curated list of top upcoming airdrops (free money)

3X Value Guarantee

If cumulative documented upside does not reach 300% during your 12-month membership, you can request a full refund.

Terms & Conditions apply

Star

Trusted by 300,000+ investors

Our track record speaks for itself

With over 2.4M tokens and widespread misinformation in crypto, we cut through the noise and consistently find winning assets.

Our track record speaks for itself

With over 2.4M tokens and widespread misinformation in crypto, we cut
through the noise and consistently find winning assets.

/images/advertorial/corpcomm3.webp
/images/advertorial/corpcomm4.webp
/images/advertorial/corpcomm5.webp

Frequently Asked Questions

Yes. We've consistently identified winners across multiple cycles. Bitcoin under $1,000, Ethereum under $70, Solana under $10, WIF from $0.003 to $5, PopCat from $0.004 to $2, SPX blasting past $1.70, and our latest pick has already 200X'd since June 2025. Everything is timestamped and public record.

No. When we founded Cryptonary in 2017 the market was new to everyone. We intentionally created content that was easy to understand and actionable. That foundational principle is the crux of Cryptonary. Taking complex ideas and opportunities and presenting them in a way a 10 year old could understand.

Signal vs noise. We filter out 99.9% of garbage projects, provide data backed analysis, and have a proven track record of finding winners. Not to mention since Cryptonary's inception in 2017 we have never taken investment, sponsorship or partnership. Compare this to pretty much everyone else, no track record, and a long list of partnerships that cloud judgements.

We share highly sensitive, time-critical research. Once it's out, it can't be "returned." That's why membership is annual only. Crypto success takes time and commitment. If someone is not willing to invest 12 months into their future, there is no place for them at Cryptonary.

Yes. You will have 24/7 to the team that bought you BTC at $1,000, ETH at $70, and SOL at $10. Through our community chats, live Q&As, and member only channels, you can ask questions and interact directly with the team. Our team has over 50 years of combined experience which you can tap into every single day.

Daily. We provide real-time updates, weekly reports, emergency alerts, and live Q&As when the markets move fast. In crypto, the market moves fast, in Cryptonary, we move faster.

We stand behind the value of our research. If the documented upside from our published research during your 12-month membership does not exceed three times (3X) the annual subscription cost, you can request a full refund. Historical context: In every completed market cycle since 2017, cumulative documented upside has exceeded 10X this threshold.

Recommended from Cryptonary
BTC, ETH and More: Key Levels Tested Again Across Majors
PRO
Market Updates
BTC, ETH and More: Key Levels Teste...Markets are moving fast, but direction remains elusive. Price has been active across majors, sweepin...
10 min read
Dec 19, 2025
Market Pulse: Bitcoin's Security Under Debate
Market Pulse
Market Pulse: Bitcoin's Security Un...Speculation around quantum computing threats to Bitcoin is ramping up, shaking confidence just as ri...
2 min read
Dec 19, 2025
AMA with Adam & Abror: 18th december
PRO
Livestreams
AMA with Adam & Abror: 18th decembe...In this conversation, Abror and Adam discuss the recent inflation data and its impact on the market,...
1 min read
Dec 19, 2025