Internet Computer (ICP) may finally be showing signs of a long-awaited macro trend shift. After spending a prolonged period building a base, ICP has now reclaimed its long-term support zone, a level that previously acted as a major breakdown area. This reclaim is often seen as an early signal of trend reversal on higher timeframes.
Price is currently approaching a key resistance cluster around $18–$20. This zone is crucial—not just technically, but psychologically as well. A clean breakout with strong volume could confirm bullish continuation and open the door toward the mid-$20s supply zone, an area last seen during earlier expansion phases.
From a broader perspective, this move could mark ICP’s first meaningful macro recovery since 2021, especially if the overall crypto market remains supportive. Momentum indicators are gradually improving, and structure is shifting from lower lows to higher highs—another constructive sign for bulls.
That said, rejection from the $18–$20 range could lead to short-term consolidation before the next attempt. As always, traders should watch volume, market sentiment, and Bitcoin’s direction for confirmation.
If ICP breaks and holds above resistance, the next chapter of its macro story may finally begin. 🚀
Not financial advice. Do your own research.