Bearish signals for ICP — price action stalls near $3.00 support

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Internet computer slips 0.98% today

Highlights

Internet Computer (ICP) trades at $3.04, below its MA-20 ($3.67), MA-50 ($4.25), and MA-200 ($4.97), signaling persistent multi-timeframe selling pressure.
Momentum indicators are bearish, with MACD negative, RSI oversold at 27.27, and ADX elevated, confirming strong downward trend and seller dominance.
Expected price range for the next five days is $2.41–$2.76, with less than 20% probability of price increase and high risk of further decline.

Improved fiat access as Binance expands USD deposit service

Binance announced on October 22, 2025, a new service enabling direct USD deposits and withdrawals through BPay Global in over 70 countries, making it easier for investors to access ICP on the platform. While not specific to ICP, this development facilitates greater liquidity and supports investor access via enhanced fiat-to-crypto options. Broader crypto market developments, such as major presale activity and increased attention from significant events, also contribute to the current environment.

Bearish momentum persists amid strong trend and oversold signals

Momentum signals are mostly bearish. The MACD points to negative momentum, and the RSI confirms oversold conditions at 27.27. The ADX remains elevated, suggesting a strong existing trend, yet there is notable divergence between the strong trend (ADX) and oversold oscillators (RSI, Stoch RSI, CCI). Bull/Bear Power shows sellers in control intraday, and the Awesome Oscillator further supports the prevailing bearish tone. The price opened fractionally below the previous close, so no significant gap was observed. Current trading sits near today’s low of $3.01, with daily volatility in a moderate range. Price action shows continued pressure after the open and little sign of short-term reversal, consistent with the negative momentum signals.

Downside risk prevails as breakout signals remain absent

For the next five trading days, the expected price range is $2.41–$2.76. The probability of a price increase is very low (less than 20%), making further decline much more likely. In the baseline scenario, ICP moves sideways within the projected range. A bullish scenario would see a break above $4.25 resistance and a recovery toward higher levels, which currently lacks supporting signals. In the bearish scenario, a breakdown below $2.93 support could trigger accelerated decline toward the weekly low near $2.41.

Viktoras Karapetjanc, Traders Union expert, interprets the ICP market as pressured but notes that broader developments in crypto accessibility and fiat onramps are gradually improving investor sentiment and foundational market support. He views the current sell-off as sentiment-driven, with technical and momentum signals warning of potential further declines, but sees the expansion of access via Binance as a long-term positive. While the short-term outlook remains bearish with limited probability for a rebound, Karapetjanc believes that macro-level improvements in investor access are laying important groundwork for future recovery. "Despite the prevailing negative momentum, strengthening the infrastructure for fiat-crypto conversion gives ICP and the wider market more resilience ahead — I see these structural shifts as seeds for the next phase of growth once technical sentiment turns."

Previously it was noted that the asset's mixed momentum signals on the daily chart indicated persistent bearish pressure amid a negative altcoin market, as detailed in momentum signals on the daily chart. The earlier report also highlighted weak momentum and the persistence of sideways or bearish technical conditions.

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.