ICP edges down 0.90% to $4.38 with sideways trading expected this week

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ICP drops 0.90% today to $4.38

Highlights

Internet Computer (ICP) trades at $4.38, under its MA-20 ($4.40), MA-50 ($4.71), and MA-200 ($5.11), highlighting persistent selling pressure across all timeframes.
Momentum signals are mixed, with a strong ADX at 38 and bullish RSI at 56, but MACD and BBP indicate ongoing selling pressure intraday near the $4.34–$4.44 range.
Over the next five trading days, ICP is likely to consolidate sideways between $4.34 and $4.50, with less than 20% probability of a price increase above $4.66.

Crypto sector flows sustain sentiment in quiet news environment

No major corporate events or regulatory developments directly connected to Internet Computer were reported for October 10, 2025. General crypto sector momentum, particularly from Bitcoin and other large tokens, shaped overall market sentiment. The short-term price is expected to hold steady around $4.45, with long-term outlooks remaining bullish if adoption grows.

Mixed momentum as resistance boundaries limit intraday volatility

Momentum signals are mixed: while ADX is strong at 38, indicating pronounced trend strength, MACD continues to signal strong selling pressure. RSI remains moderately bullish at 56, but Stoch RSI and CCI are neutral, and BBP suggests sellers’ dominance intraday. The price sits near the middle of today’s range ($4.34 – $4.44), reflecting low intraday volatility and mild pressure following the open, as oscillators and momentum indicators diverge and highlight both downside risk and short-lived buying activity. The nearest dynamic resistance is at $4.50, defined by the Ichimoku Kijun, with the MA-20 and Kijun serving as key support levels.

Sideways consolidation likely barring key breakout or breakdown

For the next five trading days, ICP is expected to range between $4.64 and $4.66, with a probability of a price increase being very low (less than 20%). The base case anticipates prices consolidating sideways between $4.34 and $4.50. A bullish scenario would require a breakout above $4.50, targeting short-term resistance near the MA-50, while a loss of support at $4.34 would suggest a deeper drawdown toward previous lows.

Anton Kharitonov, analyst at Traders Union, sees ongoing selling pressure on Internet Computer (ICP), reinforced by its position below major moving averages and mixed momentum signals. He notes that the absence of positive news and low sector confidence keeps the price range-bound, with little chance of a meaningful recovery unless $4.50 is broken decisively. Kharitonov remains skeptical in the short term, emphasizing that the current technical structure favors sideways consolidation with a downside bias. "Base case remains consolidation between $4.34 and $4.50 — until we see a confident breakout above $4.50, upside is not to be trusted."

Previously it was noted that momentum readings were mixed, with some oscillators signaling oversold conditions while trending indicators remained bearish. The analysis also highlighted factors such as rising institutional interest in crypto futures and network interoperability gains as supporting positive sentiment.

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.