2026-01-13 03:36:52

ICP faces technical pressure; can it break through to become a key

$ICP 24-hour decline of 2.23%, performing lukewarm in the overall market trend. From a technical perspective, where are the issues?

First is the critical resistance level. The token encounters selling pressure at the $3.17 key point and the $3.24 (7-day moving average), with two attempts to break through unsuccessful. More notably, the abnormal trading volume—this surge in volume seems more like a signal of main players offloading rather than genuine accumulation.

The indicator side is also not optimistic. RSI is in the neutral zone, lacking a clear direction; MACD has turned downward, with momentum clearly waning. This combination of signals usually indicates a sideways pattern lacking upward momentum.

Looking at liquidity, the overall trading activity of altcoins is cooling down. When market hot money shifts, certain coins tend to be the first to be affected. Currently, ICP needs stronger buying support to turn this situation around.

ICP12,21%

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CryptoHistoryClass

· 13h ago

ngl, the volume spike looking sus af rn. seen this movie before—2018 called, wants its dead cat bounce back lol

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TokenTaxonomist

· 13h ago

per my analysis, the volume spike here is taxonomically incorrect for genuine accumulation—data suggests otherwise. classic distribution pattern if you ask me, statistically speaking those resistance rejections at $3.17 and $3.24 are looking evolutionary dead-end-ish fr

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AirdropAutomaton

· 13h ago

The main force is dumping again, this routine is so old and worn out. If there's no motivation to pump, then stop messing around and wait for hot money to flow back. ICP won't be able to break through these two resistance levels, so it's time to wash the dishes.

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BagHolderTillRetire

· 13h ago

The main force's distribution signals are so obvious, still want to break through? Wake up, everyone. --- Another sluggish market, it's just annoying to watch. --- Can't even break the $3.24 resistance level, where did the buying volume go? --- Is a surge in trading volume still a good thing? Hehe, I'll just watch. --- MACD downward momentum is weakening, I haven't played this combo before. --- Liquidity cooling down, altcoins are the first to suffer, ICP might be in serious trouble this time. --- Down 2.23% and still lukewarm? This copywriting is quite interesting. --- Let's see if it can drop to 2 dollars; I'm ready to buy the dip.

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NFTBlackHole