Internet Computer
Show signs of resilience in a turbulent 24-hour window, Climb up to $5.6781 and then merge to $5.50 for less than $5.50. Despite delays in sales, the tokens are ready to recover due to ongoing volatility.
Starting from UTC on July 13, ICP began to rise steadily, reaching a meeting height of $5.6781 at the beginning of July 14. The rally received a significant increase, with the most aggressive upward legs between 02:00 and 05:00 UTC. The Bulls briefly tested the $5.67 resistance, a level that historically limited the upward momentum.
However, shortly after the peak, sales pressure was strong and pushed prices downwards under a rapid reversal. In the hours of UTC reaching 16:05 on July 14, the token fell 1% to $5.45, decisively breaking the $5.48 support threshold. A volume spike close to 50,000 units further confirmed the strengthening of bearish activity during the 15:48-15:49 UTC interval.
Despite the decline, ICP has found recent stability between $5.44 and $5.46 in lower trading channels.
Technical analysis highlight
- ICP trading range is $5.40 within USD 0.28 (low) To $5.68 (High)marking 5% intraday diffusion.
- Prices range from $5.47 to $5.68 on July 14 in 800k+ volumes.
- Resistance hardening is about $5.67-5.68, and the bullish attempt continues to be taken.
- The final decline from $5.50 to $5.45 showed a 1% retreat from 15:06–16:05 UTC.
- High volumes of major support for $5.48 damage, suggesting a potential bearish continuation.
- The significant sell-off occurred between 15:48-15:49 UTC, trading nearly 50K units.
- As of July 14, 16:35 UTC, the merger range has formed between $5.44-$5.46.
Disclaimer: Part of this article was generated with the assistance of AI tools and reviewed by our editorial team to ensure accuracy and compliance Our standards. For more information, see Coindesk’s complete AI policy.
