There has been a long and painful downtrend for ICP. But finally, something has changed. ICP has pushed above the downward trend line that kept the price trapped for months. It’s the first real sign that sellers might be losing their grip.
Now the ICP price is sitting in a support zone where buyers have stepped in before. If they keep defending this area, the breakout could turn into a much bigger shift in trend.
What you'll learn 👉
ICP Daily Chart Finally Turns a Corner
For the first time in a while, the daily chart actually looks supportive for bulls. The ICP price broke through the trendline that previously shut down every attempt to move higher. This time, the breakout held.
And that breakout didn’t happen randomly. It happened right inside the green demand zone, which means buyers are showing real interest at this level.
That’s exactly what EliZ highlighted in his recent update: “On the daily chart, ICP has broken the downward trend line… As long as ICP remains in the green zone, the outlook remains positive.” After months of grind, it’s refreshing to see a clean technical win like this.
Read Also: 3 Key Factors That Will Shape Internet Computer (ICP) Price Before 2026
Bigger Timeframes Hint ICP Price Forming a Bottom
Zooming out tells an even more interesting story. The ICP price has tested the same strong support zone twice now and held it both times.
That kind of repeated defense often shows that sellers have pushed as far as they can, and buyers are finally strong enough to push back.
Many ask me for $ICP chart
— EliZ (@eliz883) November 2, 2025
On the daily chart, ICP has broken the downward trend line that was driving the entire bearish movement. As long as ICP remains in the green zone, the outlook remains positive.
On the monthly chart, we can clearly see that the price has tested and… pic.twitter.com/VEBJu5gxTP
EliZ says this is the sort of move we see when macro bottoms start forming. And he isn’t wrong. The long downward wick and quick recovery indicate that traders aren’t willing to let the ICP price stay cheap for long.
The ICP Price Red Zone Above Is the Real Obstacle
Of course, it’s never that easy. There’s a red supply zone sitting above the current price, and that’s where bulls failed multiple times in the past.
For this breakout to turn into a true trend reversal, the ICP price needs to break into that zone, close above it, and then hold it as support. Until that happens, the shift remains more of a hopeful start than a completed recovery.
As EliZ warned: “Be careful, without valid confirmations it is always risky… try it with the right risk management.” Momentum looks much better now — but it’s not “mission accomplished” yet.
What’s Next For ICP?
Right now, everything depends on whether the ICP price can stay above the green support zone.
As long as that level holds, bulls have the upper hand, and the path toward that major resistance becomes much more realistic. But if price slips back below it, the recent optimism could fade fast.
ICP finally has a positive structure to build on. For the first time in months, the market isn’t just drifting lower, it’s fighting for a comeback. Now it’s on the bulls to prove this breakout means more than just a quick bounce.
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