Market Consolidation Keeps ICP Within a Critical Trading Range
The Internet Computer token is showing early signs of stabilization as renewed attention on cross-chain technology supports a modest rebound. Despite broader market uncertainty, ICP remains pinned between major support and resistance areas, creating a tightly structured environment for traders.
ICP is currently hovering around $3.61, maintaining its footing inside a long-established demand zone that has repeatedly acted as a defensive buffer. Recent trading sessions show a controlled pullback following November’s extreme volatility spike, but buyers have so far managed to protect the lower boundary of the structure.
The market indicates that ICP continues to trade within a compressed range, shaped by previous breakdowns and several shifts in short-term market structure. A cluster of historical sell-side pressure remains overhead, limiting upward momentum as price approaches the $4.20–$4.40 resistance band.
A clean break above this zone would signal early strength and could pave the way for a move toward the mid-range near $5.00.
On the downside, ICP’s recent stability relies heavily on the strength of its major support region between $3.00–$3.20, which aligns with earlier accumulation behavior.
A loss of this level could expose the token to deeper declines, but current consolidation suggests sellers are losing momentum.
With cross-chain narratives regaining market attention and liquidity improving across select altcoins, ICP appears positioned for gradual recovery as long as it preserves its foundational support structure.
Disclaimer
This content is for informational purposes only and does not constitute financial, investment, or legal advice. Cryptocurrency trading involves risk and may result in financial loss.