ICP holds near $2.73 as MACD signals continued buyer dominance
Internet Computer (ICP)
Editor:
Eugene Serbin
tradersunion.com reports that Internet Computer (ICP) is holding near $2.73 after climbing nearly 7% over the past week. The recovery setup remains in place, but the trend is now considered stretched by analysts. Technical indicators including MACD, ADX, and Bull/Bear Power all signal continued buyer dominance.
The RSI stands at 60.86, approaching overbought territory but not yet triggering caution. Nearest support is identified at $2.65 from the Ichimoku Kijun, with resistance set by the recent weekly high at $3.14. This combination favors further upside in the near term, though the asset trades in the lower part of its recent range.
The expected trading range for the coming week is $2.37 to $3.08. There is a very high probability of an increase and a very low probability of a decrease. The base case calls for price action to remain between $2.65 support and $3.14 resistance.
A sustained move above $3.14 would unlock further upside, while a fall below $2.65 would turn the short-term outlook negative. Earlier analysts noted a shift into short-term bearish pressure, but the present analysis highlights a reversal with buyers regaining control.
How the market reacted
Whalio's own Binance spot order flow for ICP, measured when this story was written up on 11 September 2026. Not the outlet's figures.
ICP is currently trading at $2.81 on Binance spot markets. The 1-hour buy ratio is 48.6%, which is slightly lower than the 4-hour ratio of 51.4% and the 24-hour ratio of 51.6%. This indicates that while buying pressure is present, it is slightly weaker in the shortest timeframe compared to the longer horizons. The 1-hour volume delta is -$5,584, showing recent selling pressure, whereas the 4-hour delta is +$13,586 and the 24-hour delta is +$204,754, indicating net buying over longer periods. Volume delta measures the difference between buy and sell volume, so positive values mean buyers are more aggressive than sellers. The CVD for the 24-hour close is -$84,541, suggesting that cumulative buying pressure has recently dipped despite the positive delta.
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 average buy ratio was 48.6%, meaning today's 24-hour ratio of 51.6% is 2.9 points higher than the weekly average. This suggests a slightly more bullish sentiment today compared to the recent norm. However, spot volume is only 0.56x the average, indicating significantly lower participation than usual. Volume delta for the eight-day period totals -$1,733,875, showing that net selling has outweighed buying over the longer term. Only one of the past seven days saw net buying, making this an unusual day of relative strength amidst a generally bearish flow.