ICP Price Drops to $4.81 as Institutional Selling Pressures Internet Computer
The post ICP Price Drops to $4.81 as Institutional Selling Pressures Internet Computer appeared on BitcoinEthereumNews.com.
Luisa Crawford
Sep 19, 2025 10:11
Internet Computer (ICP) trades at $4.81 after a 7% decline from institutional selling, but MACD shows early bullish momentum signs amid cross-chain developments.
Quick Take • ICP currently trading at $4.81 (-1.03% in 24h) • Internet Computer’s RSI at 45.59 suggests neutral momentum with potential for reversal • Recent institutional selling pressure offset by positive Omnity Network integration news What’s Driving Internet Computer Price Today? The ICP price faced significant headwinds yesterday as institutional selling drove Internet Computer down approximately 7% amid broader macroeconomic uncertainties. This selling pressure reflects the cautious stance many large holders are taking as global market conditions remain volatile. However, technical developments continue to support Internet Computer’s long-term prospects. The Omnity Network’s recent integration with Osmosis on September 15th represents a major step forward for cross-chain functionality, potentially expanding ICP’s utility and adoption in the decentralized finance ecosystem. While this positive catalyst hasn’t immediately offset the selling pressure, it provides fundamental support for future price recovery. The contrast between short-term selling pressure and ongoing technical progress creates an interesting dynamic for ICP price action, with the market currently weighing immediate bearish sentiment against longer-term bullish developments. ICP Technical Analysis: Mixed Signals Emerge Internet Computer technical analysis reveals a market in transition, with several key indicators pointing toward potential stabilization. The Internet Computer’s RSI at 45.59 sits in neutral territory, avoiding oversold conditions despite recent selling pressure. This suggests that while momentum has weakened, ICP hasn’t reached extreme bearish levels that typically precede major reversals. The MACD histogram shows a bullish divergence at 0.0152, indicating that selling momentum may be waning even as the main MACD line remains negative at -0.0716. This early bullish signal in the MACD often precedes trend changes in…
Filed under: News - @ September 20, 2025 12:20 am