Internet Computer Faces Crucial Support as ICP Approaches Liquidity Wall

Internet Computer (ICP) is currently experiencing bearish pressure as it trades close to a critical support zone. The technical indicators suggest declining momentum, while traders are observing liquidity walls for signs of potential price recovery.

Key Takeaways

ICP has traded between $3.6 and $3.7 in the last 24 hours, reflecting a small decrease of 1–2%, as sellers maintain control.
The Moving Average Convergence Divergence (MACD) is in negative territory, indicating a lack of bullish momentum.
Significant bid walls are present below the current price, suggesting potential buying interest from larger investors.
A successful defense of the current support could allow for a price recovery, while a breakdown may lead to deeper corrections.

Internet Computer ICP tests key support as bears dominate

Current Price Dynamics of Internet Computer

Internet Computer's cryptocurrency has approached essential support levels amid ongoing bearish momentum, as noted by market analysts.

#InternetComputer has a Double Bottom Wedge chart pattern on the 30m chart.
Overall: Bullish.
Price Target: $4.282. #ICP $ICP #Crypto #Altcoins #Altcoinseason #ICPUSDT #Altseason #CryptoTrading
— Crypto Joe (@CryptoJoeReal) December 11, 2025

In recent sessions, ICP has shown a pattern of declining closing prices, with sellers maintaining control and pushing prices toward lower support levels. Technical analyses reveal that both short-term and medium-term moving averages are trending downwards, confirming persistent bearish sentiment in the market.

The MACD remains in negative territory, indicating that bullish momentum is lacking; however, the narrowing spread may suggest that selling pressure is starting to lessen, according to technical analysts. The Relative Strength Index (RSI) is approaching oversold conditions but has yet to confirm a reversal, which could either indicate further downside pressure or potential accumulation interest.

Critical Support Levels and Market Dynamics

The cryptocurrency is currently situated near a cluster of identified support levels that are deemed critical for price stability. Order book data indicates that significant bid walls exist below the current price points, signaling interest from larger buyers according to market data insights.

Analysts have pointed out that if the lower support range holds, it may enable a recovery back toward mid-range resistance levels. Conversely, if prices fall below the support band, deeper corrections could be expected, which may heighten bearish sentiment in the short term.

Additionally, the order book has notable ask walls at higher price points, which analysts have flagged as potential resistance areas. A move beyond the nearest ask wall might lead to an immediate test of the next resistance, while surpassing the strongest ask wall could indicate a major shift in market trends.

For traders focusing on long positions, maintaining stability above the current support cluster, alongside flattening momentum indicators, could reinforce the outlook for upward movement. On the other hand, short-position traders might look for rejection signals near resistance or failed attempts to retest downward-moving averages as optimal entry points.

Despite the cryptocurrency still being in bearish territory, decreasing sell pressure hints that the market could be nearing a turning point, according to technical observers. The liquidity walls present in the order book are expected to play a crucial role in determining the direction and strength of the next significant price movement.

This analysis is for informational and educational purposes only. Financial advisors recommend exercising caution and conducting your own research before making investment decisions in the cryptocurrency markets.