Internet Computer (ICP) Price Nears Zone That Triggered Last Big Rally: Will a Similar Move Come?
ICP token stepped into one of those moments that quietly pulls every chart watcher back to their screen. Internet Computer price has been grinding lower for weeks, sliding inside a falling wedge that looks tight enough to signal that pressure is building.
A crypto analyst, AltCryptoTalk, pointed to this exact setup on X, noting how ICP is revisiting a demand zone that fueled the previous explosive rally. That statement immediately raised a simple question: could the same setup spark another move?
What you'll learn 👉
ICP price Slides Toward A Familiar Zone
ICP price sits around $3.34 while drifting inside a narrowing falling wedge. The chart shows a sequence of lower highs and lower lows wrapped inside yellow trend lines. That type of structure often tells a story of fading bearish momentum. Price keeps dropping, though the pace weakens each time sellers try to push.
A blue band sits below this wedge, marked on the chart as a demand zone. That level mattered months ago when ICP reversed sharply after dipping into it. A massive green run followed through, pushing price toward the $6 mark before exhaustion hit. AltCryptoTalk emphasized that history, hinting that price is now approaching the exact same zone again.
ICP token Enters Area Linked To Last Rally
Internet Computer price previously launched from this area with force. The chart shows how price tapped support around $3.30 then delivered an impressive upside burst. That move stalled once it hit the red supply region near $6, which now stands as the next major ceiling if buyers return.
ICP token hovers dangerously close to that earlier takeoff point. Support at $3.30 and secondary support at $2.85 form the structure holding price up. AltCryptoTalk explained that a repeat of buyer strength here could produce another attempt toward the $6 region. A pink projection arrow on the chart illustrates that potential climb.
ICP looks trapped between fading bearish pressure and a familiar support that once changed everything. Internet Computer carries a history of reacting strongly at this zone, though repetition is never guaranteed. The falling wedge shows that momentum on the downside keeps slowing each week. Volume remains thin while price continues drifting, waiting for a spark.
A bounce off this level would fit the same pattern AltCryptoTalk discussed. A drop below support would break the structure completely. Internet Computer price, therefore, sits at a crossroads that could define its next few weeks.
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Will a Similar Move Come?
ICP price approaches a technical setup almost identical to the one behind the previous sharp rally. A supportive demand zone, slowing sell pressure and a falling wedge form the backdrop once again. Whether price reacts the same way depends on buyers stepping in exactly where they did before.
The chart says the conditions are present. Market behavior will decide the outcome. The next move could set the tone for Internet Computer as the year draws closer to its final stretch.
ICP now waits for confirmation. A reaction here might answer the question many traders have been quietly asking since the wedge started forming.
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