Internet Computer price prediction: Bearish control and low rebound odds? ICP falls to $2.29

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Internet Computer slides 11.24% today

Highlights

ICP trades at $2.29, remaining well below its MA-20 ($3.22), MA-50 ($3.23), and MA-200 ($4.25), confirming persistent bearish pressure across all timeframes.
Momentum indicators MACD, ADX, and a low RSI (26.17) reinforce a dominant bear trend, with sellers driving an 11.24% daily price decline to the $2–$2.35 range.
ICP’s next key resistance is the Ichimoku Kijun at $3.51, with 5-day price expectations set at $2.05–$2.50 and a less than 20% probability of upside.

High volatility and negative momentum as intraday sellers dominate

The next dynamic resistance is given by the Ichimoku Kijun at $3.51, while nearby support is not indicated by Ichimoku, implying that ongoing weakness may persist until a reversal signal emerges. Momentum signals remain negative, with both MACD and ADX indicating a lack of bullish strength and a prevailing bear trend. Oversold indications come from the RSI (26.17), Stochastic RSI, and CCI, suggesting a stretched downside move, while the Bull/Bear Power indicator at -0.24 confirms sellers dominate intraday action. The daily session saw a sharp decline of 11.24%, with no gap between previous close ($2.58) and open ($2.25), placing the last price near the lower end of the $2 to $2.35 range, which reflects high intraday volatility and continued downward pressure after the open; oscillators signal some potential for a technical rebound, but momentum and price action remain in conflict.

Consolidation likely as breakout risk favors downside

For the next five trading days, the expected price range for ICP is $2.05 to $2.50, consistent with the typical volatility band relative to current levels. The probability of a price increase is very low (less than 20%), making a decrease more likely. In the base case, ICP consolidates within this corridor near current lows. A breakout above resistance could target $2.50–$2.60, while a bearish scenario risks a move below $2.05 if support gives way.

Anton Kharitonov, expert at Traders Union, notes that Internet Computer (ICP) is trading far below its key moving averages, signaling persistent bearish momentum across all timeframes. He sees momentum and oscillators overwhelmingly negative and no immediate technical support nearby, with sellers clearly dominating the market. The analyst remains defensive, expecting prices to remain within the $2.05 to $2.50 range and sees little chance for a bullish reversal in the near term. "Until ICP breaks above resistance and gains positive momentum, any upside is likely to be short-lived and vulnerable to renewed selling pressure."

Previously it was reported that Internet Computer is trading well below all key moving averages, with technical indicators such as RSI, MACD, and the Awesome Oscillator confirming persistent bearish momentum and downside exhaustion. Despite deeply oversold signals, the asset continues to face sustained seller pressure, with limited support nearby and high downside risk, resulting in a projected consolidation within a narrow range unless a decisive move above resistance occurs.

Source of Data: ICP Price Analysis by TU

The analysis is based on a proprietary model combining technical, on-chain, and expert data. Not investment advice. See methodology

The information is based on forecasts and does not constitute investment advice or a guarantee of future results. Market conditions may change. See our Disclaimer and Editorial Integrity for details.