ICP price news: sellers dominate with no major support

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Internet computer slides 4.28% today

Highlights

Internet Computer (ICP) trades at $2.91, significantly below the MA-20 ($3.17), MA-50 ($3.97), and MA-200 ($4.90), confirming entrenched downward momentum.
Sustained selling pressure and a spike in volume on October 31, 2025, occurred without any new fundamental catalysts, with traders focused on technical resistance at $3.15.
Bearish momentum dominates as technical indicators signal sellers in control, with ICP expected to trade in a $2.89–$3.01 range and a sub-20% probability of price increases.

Sustained selling and high volatility as traders focus on technical signals

Recent activity in Internet Computer is defined by sustained selling pressure, which drove a sharp increase in trading volume on October 31, 2025. The asset failed to break above the $3.15 resistance, while continued volatility and volume spikes signal significant uncertainty among traders. No major new company-specific catalysts or fundamental events were reported, and market participants remain focused on technical dynamics and evolving trading patterns.

Persistent bearish momentum as key indicators confirm seller dominance

Momentum signals are strongly bearish. The MACD and ADX both indicate sellers are in control of the trend. Oversold conditions are present on the RSI, Stoch RSI, and CCI, highlighting intensified pressure. The BBP confirms that sellers dominate recent sessions. Awesome Oscillator readings also reinforce this negative trend. ICP opened at $2.89, slightly below the prior close of $3.04, showing a minor gap down. The price now sits near the mid-range of today’s $2.88 to $2.94 span. Volatility has been low. Intraday tone shows subdued pressure after the open, echoing the overall bearish momentum noted in technical indicators.

Further downside risk prevails as consolidation weakens near support

For the next five trading days, the expected price range is $2.89 to $3.01, with an average near $2.95. The probability of a price increase is very low (less than 20%), making a decline much more likely. In the baseline scenario, consolidation continues and ICP fluctuates within a sideways corridor around current levels. The bullish scenario would require a firm breakout above $2.93 – $3.01 resistance, but weak momentum and trend signals make this outcome unlikely. More likely is the bearish case, which sees the price break below $2.89 support to test new local lows.

Viktoras Karapetjanc, expert at Traders Union, observes that Internet Computer (ICP) reflects pronounced bearish sentiment and is struggling to find meaningful support amid ongoing selling pressure. He notes that the absence of positive news or fundamental catalysts has left the market searching for clarity, with technical forces currently dictating short-term price action. While short-term consolidation is possible, momentum and sentiment signals still favor bears, and the likelihood of a sustained bounce remains very limited. Karapetjanc adds: "Despite subdued volatility and oversold conditions, ICP is likely to see further testing of local lows unless broader market sentiment or institutional interest shifts decisively in its favor."

Last time we reported that bearish momentum persisted as ICP traded below key moving averages. Previously it was noted that technical indicators remained cautious amid continued selling pressure.

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.