ICP’s Bearish Tango: Will It Leap Over the Liquidity Wall? 🐻💰

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The Internet Computer, that mischievous little token, finds itself pinned beneath the weight of short- and mid-term moving averages, as if the market itself is giving it a stern lecture. 📉 The MACD, that fickle friend, slumps into negative territory, while the RSI, ever the drama queen, tiptoes toward oversold land. 🧠 Bears, ever the bullies, press the price into a dense support cluster, like a pack of wolves circling a hapless lamb. 🐺

  • ICP darts below key 9- and 20-day EMAs, keeping the trend as bearish as a grumpy old man on a rainy day. 🌧️
  • Price tests a multi-level support cluster, where order-book data reveal sizeable bids-like a crowd of eager spectators waiting for the next act. 🎭
  • A bounce from support might target mid-range resistance, while a break below the bid wall? Well, that’s a ticket to the bear’s circus. 🎪

Over the last 24 hours on Dec. 11, 2025, ICP has been dancing in a tight circle between $3.6 and $3.7, taking small steps backward, as if it’s trying to outrun its own shadow. 📉 Estimated 24-hour volume? A steady 90 to 110 million-about as exciting as watching paint dry, but traders are still glued to their screens, hoping for a miracle. 🤯

Internet Computer price shifting directions

Internet Computer (ICP) cryptocurrency approached critical support levels on Friday, like a drunk man stumbling toward a wall. 🕵️‍♂️ Downward price momentum? It’s as relentless as a squirrel with a mission. 🐿️

#InternetComputer has a Double Bottom Wedge chart pattern on the 30m chart.

Overall: Bullish.

Price Target: $4.282.#ICP $ICP #Crypto #Altcoins #Altcoinseason #ICPUSDT #Altseason #CryptoTrading

– Crypto Joe (@CryptoJoeReal) December 11, 2025

The digital asset recorded a pattern of declining closes, with sellers maintaining control like a toddler clutching a toy. 🧸 Both short-term and medium-term moving averages slope downward, reflecting a market as bearish as a cloud on a rainy day. ☔

The MACD, that fickle friend, remains in negative territory, signaling a lack of bullish momentum. But the narrowing spread? It’s like a whispered secret-selling pressure may be easing, but who knows? 🤷‍♂️ The RSI, ever the drama queen, approaches oversold conditions without confirming a reversal. 🎭

The cryptocurrency traded near a cluster of support levels, which technical analysts call “critical.” Critical? More like a cliffhanger. 🎬 Order book data revealed significant bid walls-like a crowd of buyers holding hands, hoping to stop the fall. 🤝

Analysts note that a successful defense of the lower support range could enable a price recovery, but only if the market feels like playing nice. 🤝 Conversely, a breakdown below the support band? That’s a one-way ticket to bearish hell. 🔥

The order book showed notable ask walls at higher price levels, which analysts call “potential resistance zones.” Potential? More like a mirage in the desert. 🌵 A move above the nearest ask wall? That’s a gamble, but a risky one. 🎰

For traders monitoring long positions, stabilization above the current support cluster combined with flattening momentum indicators would be as thrilling as a slow-moving train. 🚂 Short-position traders? They’ll be on the lookout for rejection signals, like a detective chasing a ghost. 🔍

The cryptocurrency remained in bearish territory, though weakening sell pressure suggests the market may be approaching a potential turning point. 🌪️ Liquidity walls in the order book? They’re the gatekeepers of the next price movement. 🚪

The analysis was published for informational and educational purposes. Financial advisors recommend exercising caution and conducting independent research before making investment decisions in cryptocurrency markets. 🧠💰

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2025-12-11 16:46