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ICP Extends Decline as Range Support Breaks, Testing New Lows Near $3.48

CoinDesk
ICP fell 5% to $3.4945, breaking short-term support and testing key December levels near $3.48.

Summary

Internet Computer (ICP) extended its decline, falling 5% over 24 hours to $3.4945 after failing to hold early gains. The token briefly reached $3.7605 before momentum faded, leading to a broad retracement that erased the prior day's rebound and reestablished a downward structure. Technical observers are now closely watching the $3.45–$3.50 support zone; a sustained break below this level could lead to a retest of deeper November lows, while a rebound above $3.55 would signal potential momentum repair.

(Source:CoinDesk)