Internet Computer jumps 8.11% as the rally stalls near $3.25 resistance

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Internet Computer gains 8.11% today

Highlights

ICP displays short- and medium-term bullish momentum but faces persistent longer-term resistance, limiting sustained upward movement.
Technical indicators are mixed, suggesting intraday buying pressure and volatility but lacking confirmation of a strong underlying trend.
ICP is expected to trade between $2.70 and $3.42 over the next five days, with a pullback favored unless resistance at $3.25 is decisively breached.

Bullish momentum faces resistance amid mixed technical signals

On the technical front, ICP is trading above the SMA-20 ($2.67) and SMA-50 ($2.65), but remains just below the SMA-200 ($2.95), indicating potential resistance ahead. The D1 Ichimoku Kijun at $3.25 is a notable overhead resistance level. Momentum indicators show mixed signals: the MACD (D1) suggests selling pressure, while RSI (50.96) and Stoch RSI (67.30, "Buy") point to a strengthening buyer presence. The CCI is near neutral, and BBP indicates intraday buyer control. Today's gap-up open ($2.64 to $2.73) and trading near session highs ($2.70–$2.87 range) highlight volatility and short-term bullish activity. However, ADX (19.95, Neutral) reflects a lack of clear trend, and the Awesome Oscillator signals ongoing selling—underscoring a discrepancy between short-term buying enthusiasm and weak overall trend strength.

Rangebound trading expected as resistance tempers short-term strength

Over the next five trading days, ICP is likely to fluctuate within a band between $2.70 and $3.42. With the probability of a further upward move below 20%, a pullback remains the more likely outcome. The baseline outlook is sideways consolidation below immediate resistance. A bullish scenario would require a decisive move above $3.25, whereas a prolonged drop below $2.70 could expose additional downside risk. While short-term strength is apparent, overhead resistance and bearish signals on higher time frames suggest that upward advances are prone to selling pressure.

Anton Kharitonov, expert at Traders Union, sees ICP’s short-term setup as technically constructive but cautions about weak higher timeframe momentum and stiff resistance levels. He notes the lack of relevant news as removing potential sentiment drivers. The analyst believes that while short-term buyers are active, the broader trend remains fragile below $3.25. "Base case remains sideways — without a clean break above key resistance, I stay defensive and avoid chasing intraday strength."

Earlier, analysts noted that Internet Computer was facing persistent long-term pressure and lacked clear bullish momentum despite fundamental developments. The current rebound signals a test of key resistance and increased volatility, making follow-through above $3.25 the critical inflection point for any sustained upside.

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.