ICP’s slide to $4.81 marks a decisive break under a recurring pivot level, with surging volume highlighting heightened market activity and key support near $4.70.
Internet Computer (ICP) dropped 5.57% to $4.8119, decisively falling below the $5.00 threshold that has acted as a technical pivot in recent months. Trading volume spiked 98% above the daily average during the decline, with intraday lows at $4.69 triggering brief recovery moves. Resistance now sits at $4.75 and $5.00, while support remains concentrated between $4.69–$4.70, where stabilization attempts emerged. The move extends a broader retracement from November highs near $9.50, indicating a shift toward short-term consolidation.