Market Overview for Internet Computer/Tether (ICPUSDT)

Generated by AI AgentAinvest Crypto Technical RadarReviewed byAInvest News Editorial Team
Wednesday, Dec 10, 2025 6:15 pm ET1min read
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Aime RobotAime Summary

- ICPUSDT formed bearish engulfing patterns at $3.70–$3.77 resistance, confirming downward momentum.

- Price closed below 20/50-period moving averages, with RSI near oversold levels hinting at potential short-term bounce.

- Volatility expanded via Bollinger Bands ($3.468–$3.778) and increased turnover ($7.34M), reflecting bearish sentiment.

- Fibonacci retracements and failed 50% level ($3.623) reinforce bearish bias, with consolidation expected below $3.55.

Summary
• ICPUSDT formed bearish engulfing patterns on key resistance levels.
• Price fell below 20-period and 50-period moving averages, signaling short-term weakness.
• Volatility expanded with increased turnover, highlighting bearish sentiment.
• RSI approached oversold territory, suggesting possible short-term bounce.
• Bollinger Bands showed moderate expansion, indicating growing uncertainty in the market.

Internet Computer/Tether (ICPUSDT) opened at $3.657 on 2025-12-09 at 12:00 ET, reached a high of $3.766, a low of $3.480, and closed at $3.494 by 12:00 ET on 2025-12-10. Total volume for the 24-hour period was approximately 2,158,511, with notional turnover exceeding $7.34 million.

Structure & Formations


Price encountered significant resistance in the $3.70–$3.77 range, with bearish engulfing and hanging man patterns forming at key levels. A notable bearish reversal emerged at $3.766, followed by a retest that failed at $3.715. The pair then consolidated below $3.696, forming bearish candle structures and confirming a shift in sentiment.

Moving Averages


On the 5-minute chart, ICPUSDT closed below both the 20 and 50-period moving averages, reinforcing the bearish bias. On the daily chart, the 50-period MA sits near $3.70, while the 200-period MA resides above the recent high of $3.766, suggesting potential for further pullbacks.

MACD & RSI


The 12–26 MACD crossed below zero with bearish momentum, while RSI dipped toward oversold territory near 30. This may hint at a short-term bounce, but sustained bullish confirmation is lacking. RSI has yet to show divergence, keeping the bearish trend intact for now.

Bollinger Bands


Volatility expanded throughout the session, with the upper band reaching as high as $3.778 and the lower band hitting $3.468.
. Price closed near the midline of the bands at $3.494, indicating a mixed signal but still within a broad trading range.

Volume & Turnover


Volume surged during the sell-off from $3.766 to $3.55, with the largest hourly turnover recorded around 23:30 ET on 2025-12-09. A divergence between falling price and declining volume was observed near $3.50, indicating weakening bearish conviction.

Fibonacci Retracements


Fibonacci levels from the $3.48–$3.766 swing identified key retracement levels. The 61.8% level at $3.617 acted as resistance, and the 50% level at $3.623 failed to hold, supporting the bearish bias.

Looking ahead, the market may consolidate in the $3.48–$3.55 range before facing renewed directional bias. Investors should monitor the 50-period MA and volume activity for potential clues about the next move. Volatility and liquidity conditions could shift quickly in a fast-moving market.