Internet Computer (ICP) Technical Support and Resistance Levels for June 2025.
$ICP Support Levels:
ICP's key support zones are identified at:
$5.08 – $5.07: Immediate support levels, suggesting potential stabilization points in the short term.
$4.34 – $6.08: A broader support range, indicating a significant demand zone where buyers may step in to prevent further declines.
$4.50: A notable support level that, if maintained, could bolster bullish momentum.
$ICP Resistance Levels:
Resistance levels to monitor include:
$5.20 – $5.33: Near-term resistance levels that ICP needs to surpass to confirm a bullish trend.
$5.66 – $5.75: Higher resistance zones that could pose challenges for upward movement.
$6.36: A significant resistance point; breaking above this could signal strong bullish sentiment.
Technical Indicators:
50-Day SMA: Approximately $5.47, indicating the average price over the last 50 days.
200-Day SMA: Around $5.92, providing insight into the longer-term price trend.
Relative Strength Index (RSI): Currently at 53.25, suggesting a neutral market stance without overbought or oversold conditions.
Fear & Greed Index: At 62, indicating a "Greed" sentiment among investors, which could influence buying behavior.
Market Sentiment:
The overall technical outlook for ICP is neutral, with 19 indicators signaling bullish trends and 9 indicating bearish trends.
$ICP Price Forecast:
Projections suggest that ICP could reach up to $8.21 by the end of 2025, representing a potential increase of approximately 52% from current levels.