Key highlights:
- ICP has finally stopped sliding and is starting to build a base around an important support area.
- Momentum is slowly turning, but the next price zone will show whether this move really has legs.
- Traders are watching closely to see if ICP can hold above former resistance and keep the trend moving.
ICP is finally starting to come alive after being stuck at the bottom of the chart for several weeks. This is not a complete turnaround just yet, but the overall sentiment is definitely positive. After several attempts at protecting the same support level, the price finally managed to move upward.
That change is exactly why the latest ICP discussions are picking up on X. Tweets from accounts like Crypto Front and Crypto Knight are short and simple, but the timing matters. When a coin breaks higher after a long stretch of dull, sideways action, those “it’s happening” comments usually appear right as momentum starts to build.
The key support zone continues to hold firm for ICP
The most important part of this setup is still the base. On the daily chart shared by Tryrex, the ICP price has bounced cleanly from the $2.80–$3.00 area, which also matches the same demand zone seen on the broader OKX chart. That overlap is important because it shows the market agreeing on where value sits, even across different exchanges.
This kind of support often forms after a prolonged downtrend. Price does not instantly flip bullish. Instead, it keeps revisiting the same level, sellers fail to push it lower, and eventually buyers gain enough confidence to push higher. That is what makes this zone so critical for any ICP price prediction moving forward. As long as this floor holds, the broader structure remains constructive.
What the ICP 4-hour chart is showing now
Looking closer at the 4-hour chart shared by Crypto Front helps explain why this move feels different. For a while, the ICP price traded inside a tight band around $3.00–$3.20, repeatedly dipping into that orange zone and bouncing quickly. That type of behavior usually signals consolidation, where supply is being absorbed rather than price trending lower.
Then, the breakout candle appears. Price jumps out of the range and pushes into the mid-$3.50s, which is a noticeable change compared to the slow grinding action before. It is still early, but the chart now looks more like a market trying to establish a higher range instead of continuing to drift sideways.
From an ICP price prediction perspective, the key question is simple. Can this breakout hold, or does price slip back into the old range? If ICP keeps closing above the previous consolidation area, the chances improve that the market is shifting into a new phase.
Why the November spike still matters today
The daily OKX chart shared by Knight adds useful context. There is still that massive November spike that sent ICP toward the $10 area, followed by a sharp pullback and a long period of compression. Even though that move is in the past, it still influences the current structure because it left a clear mark on the chart.
Markets tend to respond to these types of moves in one of two ways. Either price keeps sliding lower because the spike was purely speculative, or it forms a base and later revisits some of the levels that triggered the original breakout. Right now, the ICP price behavior looks closer to the second scenario, where stabilization comes first before any larger attempt higher.
That is why some traders are sketching more ambitious upside paths. It is not a promise, but the pattern of basing first and expanding later is common when a coin survives a blow-off move and refuses to set new lows.
Why $4 matters for ICP – and where the setup breaks
Tryrex points to $4 as the next target, and it makes sense as an initial checkpoint. Round numbers tend to attract attention and liquidity, and $4 also sits far enough above the current range to test whether this move has real strength.
On the Bybit chart, the projected path reaches into the low-to-mid $4s, roughly around $4.30. That aligns with what a first extension might look like after a successful base breakout. If the ICP price can reach that area and hold, it would confirm that the market is no longer stuck in its old range.
This is where the ICP price prediction becomes more compelling. A move to $4 would not just be another bounce. It would show that the market can start printing higher highs on the daily chart again.
Every constructive setup needs a clear point where the idea breaks. In this case, it is straightforward. If the ICP price loses the $2.80–$3.00 support zone, the breakout narrative quickly falls apart.
What to watch next for the ICP price?
At this stage, the ICP price has done the one thing it needed to do to bring buyers back into the picture. It stopped drifting and started expanding out of a tight range.
The $2.80–$3.00 zone remains the foundation, the old $3.00–$3.20 range needs to act as support, and $4 stands as the first upside level that can confirm momentum.
Tryrex also highlights the obvious factor that cannot be ignored. Bitcoin still matters. If BTC stays stable or starts to recover, ICP has a better chance to follow through. If BTC turns sharply lower, even strong-looking setups often struggle.
According to CoinCodex’s 1-month ICP price prediction, the token could trade near $3.60. For now, though, what really matters is whether this breakout sticks, with $4 acting as the level that would confirm momentum is picking up.
For now, the chart is finally moving again. Support is holding, the breakout attempt is visible, and the next few sessions should reveal whether this becomes a real trend shift or just another short-lived rally in a choppy market.
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Source: https://coincodex.com/article/80091/internet-computer-icp-price-prediction-is-the-downtrend-finally-over/
