The Internet Computer (ICP) has again and again proven to defy predictions and has shown significant deflationary periods. Dominic Williams of DFINITY is now workingThe Internet Computer (ICP) has again and again proven to defy predictions and has shown significant deflationary periods. Dominic Williams of DFINITY is now working

Internet Computer (ICP) Poised for $14 Breakout After Years of Accumulation

The Internet Computer (ICP) has again and again proven to defy predictions and has shown significant deflationary periods. Dominic Williams of DFINITY is now working to take it to a new level. The Internet Computer is one of the few blockchain networks that has had a strongly deflationary period. It is working towards remaining so forever.

Next Wednesday, the long-awaited White Paper of ICP will unveil the plan of its network for reaching a state of scarcity and will introduce mechanisms to ensure perpetual deflation. Such a development is all set to further position ICP in a distinct manner within the crypto world due to its utility along with a deflationary mechanism.

Also Read: ICP Poised for Bullish Breakout: Multi-Year Falling Wedge Signals $20+ Potential

ICP Price Enters Key Long-Term Accumulation Zone

However, the crypto analyst, CyrilXBT, highlighted that Internet Computer (ICP) is currently at a crucial point for demand accumulation, having fallen over several years. Price dynamics have normalized, with recent instances of volatility being absorbed rapidly to suggest a loss of selling pressure. There are no indications of market trends to imply that the initial stage of accumulation is in process.

Source: X

The stages of accumulation are often very quiet before any significant events occur. Much patience is needed at this stage since the stages of sideways trading allow for the possibility of future momentum. Such individuals purchasing during the stages of sideways action may realize the significance of purchasing opportunities arising from this stage. Nothing exciting is happening at this stage.

ICP Builds Strong Bull Flag, Eyes $14 Breakout Target

Moreover, the data from Bitcoinensus highlighted that Internet Computer (ICP) has actually been range-bound within a properly formed channel since March 2024, which forms a large bull flag on the chart. A bull flag is a sign of accumulation, and the tighter the price is bounded, the stronger the breakout will be. Traders are eagerly awaiting a strong breakout in the positive direction.

Source: X

The technical target for ICP is located close to its last major pivot high at $14. If it happens, there will be considerable support, and market interest will be triggered. Investors should be careful and keep track of it before making any investment. There will be considerable volatility during this time, and market conditions will be different.

Also Read: ICP Double Bottom Formation Hints at Bullish Rebound Toward $5-$18 Range

Market Opportunity
Internet Computer Logo
Internet Computer Price(ICP)
$3.185
$3.185$3.185
-2.95%
USD
Internet Computer (ICP) Live Price Chart
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

FBI says North Korea’s Kimsuky APT uses malicious QR codes to spearphish U.S. entities

FBI says North Korea’s Kimsuky APT uses malicious QR codes to spearphish U.S. entities

The post FBI says North Korea’s Kimsuky APT uses malicious QR codes to spearphish U.S. entities appeared on BitcoinEthereumNews.com. The FBI says Kimsuky APT, a
Share
BitcoinEthereumNews2026/01/10 02:55
Crypto ETFs Close Week Strong Despite Broad Outflows in Ether Funds

Crypto ETFs Close Week Strong Despite Broad Outflows in Ether Funds

Bitcoin ETFs finished the week with $223 million in net inflows, while Ether ETFs held positive at $48 million despite heavy redemptions across multiple funds. Blackrock’s vehicles once again carried the momentum for both markets. Bitcoin and Ether ETFs End the Week in Green With $271 Million in Combined Inflows The week ended with a […]
Share
Coinstats2025/09/22 23:20
Whales Dump 200 Million XRP in Just 2 Weeks – Is XRP’s Price on the Verge of Collapse?

Whales Dump 200 Million XRP in Just 2 Weeks – Is XRP’s Price on the Verge of Collapse?

Whales offload 200 million XRP leaving market uncertainty behind. XRP faces potential collapse as whales drive major price shifts. Is XRP’s future in danger after massive sell-off by whales? XRP’s price has been under intense pressure recently as whales reportedly offloaded a staggering 200 million XRP over the past two weeks. This massive sell-off has raised alarms across the cryptocurrency community, as many wonder if the market is on the brink of collapse or just undergoing a temporary correction. According to crypto analyst Ali (@ali_charts), this surge in whale activity correlates directly with the price fluctuations seen in the past few weeks. XRP experienced a sharp spike in late July and early August, but the price quickly reversed as whales began to sell their holdings in large quantities. The increased volume during this period highlights the intensity of the sell-off, leaving many traders to question the future of XRP’s value. Whales have offloaded around 200 million $XRP in the last two weeks! pic.twitter.com/MiSQPpDwZM — Ali (@ali_charts) September 17, 2025 Also Read: Shiba Inu’s Price Is at a Tipping Point: Will It Break or Crash Soon? Can XRP Recover or Is a Bigger Decline Ahead? As the market absorbs the effects of the whale offload, technical indicators suggest that XRP may be facing a period of consolidation. The Relative Strength Index (RSI), currently sitting at 53.05, signals a neutral market stance, indicating that XRP could move in either direction. This leaves traders uncertain whether the XRP will break above its current resistance levels or continue to fall as more whales sell off their holdings. Source: Tradingview Additionally, the Bollinger Bands, suggest that XRP is nearing the upper limits of its range. This often points to a potential slowdown or pullback in price, further raising concerns about the future direction of the XRP. With the price currently around $3.02, many are questioning whether XRP can regain its footing or if it will continue to decline. The Aftermath of Whale Activity: Is XRP’s Future in Danger? Despite the large sell-off, XRP is not yet showing signs of total collapse. However, the market remains fragile, and the price is likely to remain volatile in the coming days. With whales continuing to influence price movements, many investors are watching closely to see if this trend will reverse or intensify. The coming weeks will be critical for determining whether XRP can stabilize or face further declines. The combination of whale offloading and technical indicators suggest that XRP’s price is at a crossroads. Traders and investors alike are waiting for clear signals to determine if the XRP will bounce back or continue its downward trajectory. Also Read: Metaplanet’s Bold Move: $15M U.S. Subsidiary to Supercharge Bitcoin Strategy The post Whales Dump 200 Million XRP in Just 2 Weeks – Is XRP’s Price on the Verge of Collapse? appeared first on 36Crypto.
Share
Coinstats2025/09/17 23:42