Market Overview — ICP internet crypto
Short-term trend: D1 shows a neutral regime while price trades above major moving averages. Moreover sentiment is cautious given on-chain and macro tensions. Volatility remains elevated by ATR standards, and liquidity appears to favour large caps as BTC dominance sits high. In contrast the Fear & Greed gauge at 24 signals extreme fear, which often precedes range-bound bounces.
Technical Analysis
Daily Chart (D1)
| Indicator | Value |
|---|---|
| EMA20 | 5.47 |
| EMA50 | 4.72 |
| EMA200 | 5.22 |
EMA structure: price (6.28) sits above EMA20 (5.47), EMA50 (4.72) and EMA200 (5.22). Interpretation: the upward position relative to EMAs implies buyers retain control on D1, yet mixed EMA ordering suggests trend strength is moderate.
RSI (14): 58.07. Interpretation: momentum is mildly bullish without overbought pressure, therefore room exists for continuation but not runaway moves.
MACD: line 0.91, signal 0.72, hist 0.20. Interpretation: MACD is positive and above its signal line, implying trend confirmation on D1 and a bias to the upside while momentum ramps slowly.
Bollinger Bands: mid 4.90, upper 8.79, lower 1.01. Interpretation: price sits between mid and upper band which indicates established but not extreme strength; therefore breakouts would require wider volatility expansion.
ATR (14): 1.37. Interpretation: average daily move is meaningful versus current price, so expect multi-percent swings; risk must be sized accordingly.
Pivot (D1 PP): PP 6.24, R1 6.71, S1 5.81. Interpretation: the pivot point sits near current price and defines a tight control zone; consequently R1 and S1 are practical levels for intraday bias decisions.
Intraday Sentiment (ICP coin)
H1 shows close at 6.28 with EMA20 6.31 and EMA50 6.53. Meanwhile H1 RSI 47.45 is neutral and MACD is slightly negative but flattening (line -0.03 vs signal -0.07). Interpretation: intraday momentum lags the D1 trend, therefore micro pullbacks can offer lower-risk entries into the daily bias.
M15 readings echo H1 with RSI 44.24 and muted MACD histogram. Interpretation: short frames are in consolidation and volatility is compressed, so expect range trading until a clear intraday breakout occurs.
Key Levels and Pivot Zones
| Zone | Price (USDT) |
|---|---|
| Support | 5.81 |
| Resistance | 6.71 |
Price reaction: the 5.81 support aligns with D1 S1 and offers a structural floor. Consequently a hold above this level favors the daily neutral-to-bullish scenario, while a decisive break would shift momentum lower toward prior ranges.
Trading Scenarios
Bullish Setup: If price clears and closes above 6.71 with rising volume and MACD expansion, then look for continuation targets near the upper Bollinger band. If confirmed, the trend can extend with pullbacks buying opportunities.
Bearish Setup: However rejection at 6.71 followed by a break below 5.81 invalidates the bullish case. On the other hand a sustained move below S1 would signal range failure and open lower corrective targets.
Neutral Range: Meanwhile sideways action between 5.81 and 6.71 would keep the market in a consolidation regime. In addition traders should favor range strategies until a clean breakout occurs.
Market Context
| Metric | Value |
|---|---|
| Total Market Cap | 3619802830917.92 USD |
| BTC Dominance | 57.77 % |
| Fear & Greed Index | 24 (Extreme Fear) |
Indeed the macro backdrop is defensive. Market cap change in 24h is +0.22%, which implies slow inflows. Moreover BTC dominance is high, so rotation into large caps is likely while altcoins wait for clearer risk appetite.
Ecosystem & Network Outlook
The asset sits in the internet-computer DeFi chain context. That said on-chain metrics specific to TVL or flows were not provided, so focus remains on price action and correlation to majors. Additionally correlated asset performance will shape directional conviction.
Final Outlook
Overall the main scenario on D1 is neutral. ICP internet crypto shows a constructive bias with price above key EMAs and confirming MACD, yet momentum is not extreme. Therefore adopt a cautious, price-driven plan: favour longs on cleared resistance with defined risk, and respect 5.81 as the primary invalidation point.
This analysis is for informational purposes only and does not constitute financial advice.
Readers should conduct their own research before making investment decisions.
Source: https://en.cryptonomist.ch/2025/11/12/icp-internet-crypto-analysis/