Internet Computer consolidates amid persistent selling pressure at major moving averages: weekly forecast

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Internet Computer gains 1.79% this week

Highlights

ICP trades below key moving averages, confirming medium- and long-term bearish trends with strong seller pressure.
Momentum indicators remain negative, but oversold signals suggest sellers are showing initial signs of exhaustion.
ICP is expected to fluctuate between $2.00 and $2.45 this week, with downside risk outweighing the chance of an upside breakout.

Oversold signals persist as technical weakness defined this week

On the weekly chart, ICP remains capped by all major moving averages, with the closest resistance at the MA-20 level of $2.45. Weekly price action has stayed within a relatively tight range of $2.05 – $2.26, and current volatility measures 10.24%. Momentum indicators continue to show weakness: MACD signals strong sell, ADX indicates a lack of clear trend, and Bull/Bear Power remains negative. However, oscillators suggest that selling pressure may be getting exhausted, as the weekly RSI is 41.94, Stochastic RSI stands at a deeply oversold 18.54, and CCI is at –127.39, all pointing toward oversold territory.

Range-bound outlook prevails as downside risk dominates next week

For the next 7 days, ICP is likely to trade within a sideways band from $2.00 to $2.45, as technicals reflect neither sustained buying nor a definitive trend reversal. The probability of a significant upside move is very low (less than 20%), with both momentum and primary trend signals pointing toward downside risk. A close above $2.45 would indicate a short-term bullish scenario with potential gains, but a breakdown below $2.00 could open the way for new lows. The baseline outlook favors continued range-bound trading at current levels.

Viktoras Karapetjanc, analyst at Traders Union, notes that Internet Computer (ICP) has shown resilience this week, climbing from the lower end of its range despite a broader bearish technical structure. He sees medium- and long-term selling pressure persisting, but oversold signals across oscillators suggest that sellers may be losing momentum. For the coming week, Karapetjanc believes the $2.00–$2.45 zone will continue to define market behavior, with limited but real opportunity for a rebound should $2.45 be breached. He emphasizes that the current sideways structure can provide strategic entry levels for proactive investors watching for a recovery. "With seller exhaustion building, the risk-reward favors being alert for a breakout above $2.45 — and I see accumulating signs that ICP could soon surprise to the upside."

Previously it was reported that Internet Computer continued to face persistent bearish pressure, with sellers maintaining control and no clear signs of a bullish reversal. The current technical landscape confirms this ongoing weakness, making a decisive move above $2.45 the key level to watch for any shift in sentiment in the coming week.

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

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