ICP Down 5.5%: Bulls Lose Momentum After Volatile Sessions

ICP Falls 5.5% As Bulls Lose Momentum After Volatile Sessions

4 November 2025 at 11: 46

Reading time: 2 minutes

In recent days, Internet Computer (ICP) has made a remarkable volatility showed a significant drop after a weekend rally. After peaking near $4,30 on Sunday, ICP's value fell by more than 5% to $3,77. This correction follows a failed attempt to break through the short-term resistance around $4,28, demonstrating that even for established coins like ICP, the market remains largely unpredictable.

Trading activity around ICP was remarkably brisk, with a volume of 8,7 million tokens, a full 70% above the daily average. This suggests that the recent retracement wasn't the result of a lack of liquidity, but rather a shift in attitude among both buyers and sellers. This dynamic reveals a key insight: even when markets fluctuate, investor participation remains robust, which is crucial for the technical underpinnings of price movements.

Intraday Volatility and Market Psychology

Intraday movements showed a wide range around $0,58, representing nearly 15% volatility within a single trading day. This highlights the ongoing battle between bullish accumulation and profit taking. In the early morning hours of Europe, ICP fell to $3,70, but after two hours, it climbed back above $4. Such fluctuations are not uncommon in current market conditions, where speculation and fear of loss play a central role in investor decision-making.

The crucial question for investors is: how do we interpret these fluctuations? The current support around $3,70 is more than just a number; it's a psychological threshold that can play a significant role in future price formation. As long as ICP remains above this level, the overall upward trend remains intact. A retracement of $3,95 could not only restore investor confidence but also pave the way to potentially higher territory between $4,10 and $4,15. However, a break below $3,70 could lead to further pressure towards the $3,60 level, reinforcing concerns about a potential trend reversal.

What does all this mean for the future of ICP? Historically, the value of ICP has fluctuated, influenced by broader market trends as well as specific events within the project itself. It's essential to continue to monitor this breadth while simultaneously adapting your strategy to changing market conditions. Investing in crypto It remains a combination of technical analysis and a solid understanding of market psychology. Past experience, combined with current data, will guide future decisions.

Frequently Asked Questions

How bearable is ICP's volatility for investors?
Volatility can present both opportunities and risks. For well-informed investors, it offers opportunities to enter during dips, but it also requires sound risk management and a long-term perspective.

What are the main factors that influence the price of ICP?
The price is influenced by market psychology, technical indicators, macroeconomic trends and developments within the project itself.

Is it worth investing in ICP given recent price movements?
This depends on your risk profile and investment strategy. An analysis of both the technical and fundamental aspects of ICP can help you make a well-informed decision.

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