Internet Computer (ICP/USD) Making a Cautious Bullish Attempt
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Since the volatility surge recorded in November and December of last year, the Internet Computer (ICP/USD) market has entered a cooling phase, with price action confined to a narrow range. During this period, buying and selling pressures have gradually converged, resulting in a largely horizontal trading channel centered around the $3.00 price level.
Internet Computer (ICP/USD) Market Data
- ICP/USD Price Now: $3.392
- ICP/USD Market Capitalization: $1.4 billion
- ICP/USD Circulating Supply: 547 million ICP
- ICP/USD Total Supply: 547 million ICP
- ICP/USD CoinMarketCap Ranking: #42
Big News Ahead: Internet Computer Teases an Important Announcement Next Week
Key Levels to Monitor
- Resistance: $3.50, $4.00, $4.50
- Support: $3.00, $2.50, $2.00
Internet Computer Market Analysis: Technical Viewpoint
Internet Computer opened today around the $3.10 price level and has posted an intraday gain of approximately 8.4% so far. However, this advance appears to be a cautious attempt by the bulls to revive the broader recovery, as the market remains largely in a consolidation phase.
One notable point, though, is that a downside breakdown from current levels seems unlikely, judging by historical price action around the key $3.00 support zone. This level in the crypto signal previously served as the base from which the last bullish rally emerged. As momentum begins to rebuild, the market could extend its advance, particularly if the price manages to break above the $3.50 resistance and sustain trading above that level.
ICP/USD 4-Hour Chart Outlook
So far today, the market has been firmly dominated by the bulls. However, as price advances toward the $3.50 level, resistance is beginning to emerge around this zone. While some profit-taking has been observed near this area, bullish sentiment remains intact—albeit cautious. As a result, market participants are closely watching price action around the $3.50 level for the next directional cue.
Weekly Expenses by Project: Top Layer-1 Blockchains Over the Past 365 Days
Expenses by project – Weekly sum for top projects in blockchains (L1) for the last 365 days$ICP → $128.6 M$LTC → $130.6 M$TIA → $142.3 M$ATOM → $228.3 M$APT → $262.5 M$DOT → $388.4 M$DOGE → $1.0 B$ETH → $2.8 B$TRX → $3.4 B$SOL → $4.5 B$BTC → $16.8 B… pic.twitter.com/PxWfkO1bdO
— Internet Computer Today (@DfinityToday) January 12, 2026
