Internet computer
So a fleeting 24 -hour stretch of early sales and a sharp rebound after falling to $ 5.27, the token came in close to settling at $ 5,4324 – crop loss after a 3.47% daily decline. Turnaround came in the midst of renewed optimism driven by the official launch of caffeine, a next generation AI-driven web3 platform built on ICP.
Completed on July 15, 2025 at “Hello, Self-Writing Internet” event in San Francisco allows Coffeine users to build decentralized apps using natural language-ninen code required. The platform’s debut marks a significant milestone in the internet computer strategy to merge on-chain AI with trouble-free DAPP creation, which helps to ignite to buy interest late in the day.
Over the night, Bears ICP pushed from $ 5.39 to $ 5.20 on volume over 850,000 contracts at 1 p.m. 03:00 UTC, according to Coindesk Research’s analysis.
However, the landscape changed after 14:30 UTC on Tuesday. ICP fell to $ 5.27, but then turned higher on a number of institutional size -sized tips. This flurry of activity raised the token back to $ 5.34, which narrowed today’s loss and reinforces the buyer’s presence around $ 5.27- $ 5.28 support band.
Basic progress further strengthened the mood. The DFinity Foundation has burned over 1 million tokens to tighten the supply, while its new Vetkey’s Privacy Protocol addresses critical concerns in blockchain data security.
With AI, which now lives on-chain via caffeine and technical buyers who step in near key support, the ICP looks to test resistance to $ 5.40 again, backed by the Ecosystem’s momentum and strategic upgrades.
Technical analysis highlights
- ICP dropped 3.47% in 24 hours, with a $ 0.30 intraday spread from $ 5.50 to $ 5,2115.
- Coffeine’s launch introduced AI-driven DAPP creation that drives bullish atmosphere.
- Bears pushed the price lower early; $ 5.20 support held on tight overnight.
- A rebound lifted the ICP from $ 5.27 to $ 5.34 after a wave of accumulation.
- Remarkable volume waves: 14:52 (41.106)15:03 (44,658)15:29 (17.658).
- Resistance remains at $ 5.40- $ 5.42, where rallies repeatedly paused.
- Support restored to $ 5.20- $ 5.28 after recovery.
- Current Price: $ 5,4324 that is over intraday -low and shows upward bias.
Disclaimer: Parts of this article were generated with the help of AI tools and reviewed by our editorial team to ensure accuracy and compliance with Our standards. For more information, see Coindesk’s full AI policy.
