Internet Computer price forecast: Bearish trend persists with $2.33 support in focus

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Internet Computer drops 8.01% to $2.41

Highlights

Internet Computer is expanding its platform to enable AI applications, verifiable inference, and enterprise-focused Cloud Engines with sovereign deployment options.
The ICP token remains central to the network economy, with new initiatives aiming to increase enterprise adoption and operational efficiency.
ICP trades below key moving averages and momentum indicators remain bearish, with price expected to stay in a $2.33 to $2.49 range over the next 2 to 3 days.

Enterprise adoption ambition grows as price faces persistent selling

Internet Computer is expanding its platform to support AI software, verifiable inference, and enterprise adoption through Cloud Engines and sovereign deployment, with the ICP token integral to the network’s economy. These initiatives aim to broaden the asset’s application scope and address enterprise needs for control and efficiency, as reported by Allincrypto. This shift is intended to enhance ICP’s utility, though price action has remained under broader selling pressure.

Bearish signals intensify as ICP breaches key technical levels

Technically, ICP has fallen below the MA-20, MA-50, and MA-200, indicating persistent bearish pressure in both short-term and long-term horizons. Immediate resistance is set by the Ichimoku Kijun at $2.54, while support is identified at $2.33. Momentum-based indicators reinforce the negative trend, with both MACD and ADX giving sell signals, and Bull/Bear Power negative — reflecting strong seller dominance during intraday trading. RSI holds in the neutral range, but both Stoch RSI and CCI are in oversold territory, hinting at some potential for a short-lived rebound but not yet confirming any trend reversal.

Range-bound outlook persists as downside risk remains elevated

Over the next 2–3 trading days, ICP is expected to trade within the $2.33 to $2.49 range. The probability of an upward move remains very low, while the chance of further downside is rated as very high. The baseline expectation is for the price to remain range-bound within this volatility band relative to current levels. An upside reversal would require a break above $2.54, while a drop below the $2.33 support could accelerate declines.

Viktoras Karapetjanc, analyst at Traders Union, sees Internet Computer’s new expansion into AI and enterprise adoption as a clear effort to broaden its relevance despite current negative price momentum. He notes that these strategic moves may enhance ICP’s long-term value, but near-term downside dominates with key levels under pressure. The expert remains confident in the project’s fundamentals and innovation approach, while recognizing that a strong technical reversal is needed to shift sentiment. 'ICP’s aggressive push into AI and enterprise solutions positions it for future growth, but for now, technical headwinds will likely keep the price subdued in the short term,' he says.

Earlier, analysts noted that Internet Computer faced continued downside risk amid persistent selling pressure, despite signs of increasing network activity. The current analysis adds that bearish momentum remains dominant and underscores the importance of the $2.33 support as a crucial level to watch for further downside acceleration or the emergence of a short-term rebound.

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.