Internet Computer price outlook: Downside risk persists as sellers control momentum

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Internet Computer slides 8.01% today

Highlights

ICP trades below key moving averages on all timeframes, reflecting continued selling pressure across the short and long term.
Bearish momentum prevails as daily price fell 8.01% to $2.45 in a high-volatility session with sellers maintaining control.
Expect ICP to fluctuate between $2.36 to $2.5 over the next 2 to 3 sessions, with further downside likely unless price breaks above resistance.

Bearish signals persist as multiple technical supports breached

On the H1 timeframe, ICP is trading below both the MA-20 at $2.57 and the MA-50 at $2.59, while on the daily chart it sits beneath the MA-200 at $2.56. The Ichimoku Kijun at $2.59 acts as immediate resistance. Bearish momentum is reinforced by a sell signal from the MACD, with ADX neutral. RSI stands at 37.61, with both Stochastic RSI and CCI indicating oversold conditions, while the Bull/Bear Power indicator shows sellers maintaining control intraday. The Awesome Oscillator is neutral and does not currently confirm the direction.

Downside risk dominates as breakout remains unlikely near-term

ICP is expected to trade between $2.36 and $2.5 over the next two to three sessions, reflecting the asset's recent high volatility. The probability of an upward move is very low, while further downside is much more likely unless the price can break above immediate resistance. The baseline scenario anticipates sideways consolidation within this range; a bullish case would require a sustained move above $2.59, while a break below $2.36 could trigger additional selling pressure.

Anton Kharitonov, expert at Traders Union, highlights ICP’s current bearish pressure as the price remains below multiple key moving averages and intraday resistance at $2.59. He sees no positive catalysts and technicals continue to indicate strong seller dominance, with momentum oscillators reflecting oversold conditions but limited rebound potential. Downside risk prevails unless ICP can reclaim $2.59. "I remain cautious — the baseline scenario is sideways or lower, and I would not consider longs unless price breaks above immediate resistance."

Earlier, analysts noted that Internet Computer faced persistent selling pressure, with a bearish technical outlook dominating recent analysis. The current price action reinforces this trend, with the risk of further downside remaining elevated as long as the asset fails to reclaim resistance at $2.59.

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.