What to know:
- ICP peaked at $5.6781 before retreating to consolidate between $5.44 and $5.46.
- A high-volume surge before dawn briefly lifted the asset above key resistance zones.
- Selling pressure intensified post-peak, with sharp hourly declines breaking support at $5.48.
Internet Computer π showed signs of resilience in a turbulent 24-hour window, climbing as high as $5.6781 before consolidating just below the $5.50 mark. Despite late-session selling, the token remains poised for potential recovery amid ongoing volatility.
Starting July 13 at 17:00 UTC, ICP began a steady ascent, reaching its session high of $5.6781 early on July 14. This rally was underpinned by a significant increase in volume, topping 800,000 units during its most aggressive upward leg between 02:00 and 05:00 UTC. Bulls briefly tested resistance above $5.67, a level that had historically capped upside momentum.

However, intense selling pressure set in shortly after the peak, driving prices downward in a rapid reversal. During the hour ending at 16:05 UTC on July 14, the token dipped 1% to $5.45, decisively breaking through the $5.48 support threshold. A volume spike near 50,000 units during the 15:48-15:49 UTC interval further confirmed heightened bearish activity.
Despite the pullback, ICP has found near-term stability in a lower trading channel between $5.44 and $5.46.
Technical Analysis Highlights
- ICP traded within a $0.28 range from $5.40 (low) to $5.68 (high), marking a 5% intraday spread.
- Price spiked from $5.47 to $5.68 between 02:00β05:00 UTC on July 14, amid 800K+ volume.
- Resistance hardened near $5.67β$5.68, curbing bullish continuation attempts.
- Final-hour decline from $5.50 to $5.45 showed a swift 1% retreat from 15:06β16:05 UTC.
- Key support at $5.48 was broken on high volume, signaling potential bearish continuation.
- Notable sell-off occurred between 15:48β15:49 UTC with nearly 50K units traded.
- Consolidation range has formed between $5.44β$5.46 as of July 14 at 16:35 UTC.
Read More
- PS Plus Monthly Games for August 2025 Wish List
- All Data Pad Locations (Week 1) Destiny 2
- The 20 Best Real-Time Strategy (RTS) Games To Wishlist In 2025
- Civ 7 DLC LEAKED! Is This Sid Meierβs Most Underrated Game?!
- Violence District Killer and Survivor Tier List
- Prestige Perks in Space Marine 2: A Grind That Could Backfire
- Top 8 UFC 5 Perks Every Fighter Should Use
- Best Ninja Upgrades in Killing Floor 3
- Gold Rate Forecast
- Wuchang: Fallen Feathers Steam Deck Impressions, ROG Ally Performance, PC Features, and More
2025-07-14 22:14