ICP breaks above key moving averages amid bullish momentum
Internet Computer (ICP)
Editor:
Eugene Serbin
tradersunion.com reports that Internet Computer (ICP) is trading at $2.75, marking a 7.5% intraday gain while holding near session highs. The asset maintains its position above key moving averages, including the MA-20 at $2.64 and the MA-50 at $2.57. Price action remains supported above the MA-200 level at $2.44, with the Ichimoku Kijun at $2.66 acting as immediate support.
Technical indicators show positive momentum, with both MACD and ADX signaling a Buy. However, the RSI stands at 78.85, and both CCI and Stoch RSI display overbought readings. Bull/Bear Power confirms strong intraday buyer dominance, while the Awesome Oscillator reflects positive momentum.
The short-term outlook suggests ICP will remain within the $2.66 to $2.84 range. Upside continuation is likely if the price overcomes resistance at $2.84, with a 75% probability of further gains. A decline below $2.66 would raise the risk of a corrective move, though this remains less probable in the current scenario.
How the market reacted
Whalio's own Binance spot order flow for ICP, measured when this story was written up on 18 September 2026. Not the outlet's figures.
ICP is currently trading at $2.63 on Binance spot markets, with the 1-hour buy ratio at 48.3% and the 4-hour buy ratio at 47.7%. These short-term figures are slightly below the 24-hour buy ratio of 50.2%, indicating that immediate buying pressure is fading relative to the daily average. The Volume Delta shows net selling in the short term, with -$7,113 in the last hour and -$53,725 over four hours. This negative delta suggests that sellers are currently outweighing buyers in recent trades. Over the past 24 hours, the Volume Delta is positive at +$18,529, and the Cumulative Volume Delta (CVD) closes at +$51,626. This indicates that while short-term momentum is cooling, net buying has dominated the broader trading session.
The latest daily buy ratio of 49.0% sits at the 46th percentile of the last 324 days, against a median of 49.2% - ordinary for this coin.
Was that an ordinary day?
The same Binance spot measurements for ICP, averaged over the days leading up to the story.
Over the preceding week, the 7-day average buy ratio was 48.8%, making today's 24-hour ratio of 50.2% a slight increase of 1.5 points. Trading volume today is at 0.72x the weekly average, suggesting lower participation than usual. While there was one day of net buying in the last seven days, the 8-day Volume Delta total is -$914,191. This contrasts with today's positive daily delta, highlighting a shift from a generally bearish week to a more balanced daily flow. The price has dropped 6.4% over the past eight days, making today's relative stability notable despite the lower volume.