The post Internet Computer (ICP) Price Rallies 3.9% as Recovery Signs Emerge After Altcoin Selloff appeared on BitcoinEthereumNews.com.

Alvin Lang
Jul 26, 2025 07:33

ICP price trades at $5.62 with a 3.9% daily gain, showing recovery signs after recent market-wide altcoin pullback despite previous AI platform momentum.

Quick Take • ICP currently trading at $5.62 (+3.90% in 24h) • Internet Computer’s RSI at 53.76 suggests neutral momentum with room for upside • Recovery from broader altcoin selloff following DFINITY’s Caffeine AI platform launch impact What’s Driving Internet Computer Price Today? Internet Computer has shown resilience in today’s trading session, with ICP price gaining 3.90% to reach $5.62 as recovery signs emerge from the recent altcoin market selloff. This positive momentum comes after a challenging few days where ICP dropped 5% on July 23rd as crypto markets rotated away from altcoins, overwhelming earlier bullish sentiment. The recent volatility stems from conflicting market forces. While DFINITY’s Caffeine AI platform launch on July 21st initially drove ICP price to $6.11 with a 3.79% surge, subsequent broader market dynamics led to a pullback. The altcoin selloff hit Internet Computer particularly hard on July 22nd, with high-volume liquidation testing the $5.83 support level. Despite these headwinds, today’s recovery suggests that the fundamental catalyst from the AI platform launch continues to provide underlying support for ICP price action. The market appears to be reassessing Internet Computer’s value proposition following the integration of AI capabilities into its blockchain infrastructure. ICP Technical Analysis: Mixed Signals Point to Consolidation Phase Internet Computer technical analysis reveals a complex picture with ICP price currently positioned between key moving averages. The most significant indicator is Internet Computer’s daily RSI at 53.76, placing it firmly in neutral territory with room for movement in either direction. ICP’s MACD histogram shows -0.0167, indicating bearish momentum in the short term, though the reading remains relatively mild.…

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Filed under: News - @ July 27, 2025 6:27 am