Quick Takeaways:
- ICP faces heavy long liquidations and a steep weekly decline.
- The two-year falling wedge suggests ICP could approach $1 before any rebound.
- On-chain activity drops, but canister adoption continues to rise strongly.
Internet Computer Price Prediction 2025: Can ICP Keep Off a Drop to $1?
The Internet Computer Price prognostication 2025 debate is heating up as ICP shines with sharp corrections and fading on-Ernst Boris Chain activity. Despite the fall, long-term espousal metric function still shows sign strength, leaving traders part on whether a mystifying dislocation or major rebound lies ahead.
Long Liquidations Highlight Mounting Bearish Pressure
ICP has faced rising bearish momentum over the past several days.
Liquidation data shows traders heavily favor longs, yet these positions keep getting wiped out.
In the last 24 hours, ICP recorded $1.88 million in liquidations.
A striking $1.70 million of that came from long positions alone.
This pressure aligns with ICP’s steep decline.
The Internet Computer price dropped from last week’s $9.45 spike to $5.27, losing 45% in a matter of days.
The rejection occurred at a long-term descending trendline from the March 2024 swing high, reinforcing a two-year falling wedge structure that has repeatedly triggered strong weekly pullbacks.
Will ICP Hit $1 Before a Reversal?
The extended falling wedge on the Internet Computer price chart suggests more downside risk ahead.
If price action follows historical behavior, ICP could move toward the $1 region in early 2026.
Such a decline would mark a novel all-metre low and align with the wedge’s crushed boundary.
This rests on a key scenario in the Internet Computer price prediction 2025 outlook. However, a strong catalyst in 2025 could spark a recovery.
A backlash from the current $5 zone may trigger a breakout toward the $15 region, though this scenario carries a low probability due to high unpredictability and special catalysts.
On-Mountain Chain Metrics Sustain Short-Term Weakness
On-chain activity adds further pressure to the bearish view.
ICP’s transfer volumes and transaction counts have dropped significantly in recent weeks.
On November 4, the network recorded 35.6 million ICP moves across 172,844 transactions.
By mid-November, activity collapsed to 3.15 million tokens and only 19,886 transactions.
This sharp contraction reflects risk-off sentiment and heavy liquidations, suppressing momentum.
Fundamentals Remain Strong Despite Market Turbulence
While short-term index numbers paint a bearish video, ICP’s long-term fundamentals remain solid.
The act of canister shot impertinent contracts continues to soar, highlighting existing ecosystem growth.
Since January 2024, canister shots grew from 37,968 to 979,583, , 2.5× increase. This trend shows free burning exploitation and adoption despite price volatility.
Asana issue, while upside potential flavour trammel through Q4 2025, ICP stay well-positioned for a solid expansion in 2026.