ICP trades close to $3.50, beneath its 2018 personal sale value, as three resistance ranges at $4.3, $6.8, and $9.8 maintain bulls at bay. Pure TA, not monetary recommendation.
The chart goes again additional than most individuals trouble to look. Web Laptop’s ICP token is now buying and selling at roughly $3.50, a quantity that sits beneath what early backers paid in the course of the venture’s 2018 personal sale spherical.
That element barely made headlines. It most likely ought to have.
The Three Partitions No person Desires to Discuss About
In accordance with Zero2HeroZombie on X, ICP carries three distinct resistance ranges that want clearing earlier than something adjustments within the long-term image. The primary sits at $4.3. Above that, $6.8. Then $9.8, a degree that appears distant from the place ICP is presently parked.
Zero2HeroZombie posted the big-picture breakdown this week, attaching a long-term value chart exhibiting every main rejection level throughout ICP’s historical past. The chart maps a collection of decrease highs stretching again via 2024 and into 2025. Every bounce ultimately bought into. Every restoration ultimately reversed.
$ICP Massive image (long run)
Resistance $4.3 🎯
Resistance $6.8 🎯
Resistance $9.8 🎯ICP has lots of work to do. Provided that ICP can break all these ranges (I’m discussing solely about technical indicators now and never Fundamentals), one thing might change in my stance.
As I… pic.twitter.com/cYvw0Uczlk
— Fabio (@Zero2HeroZombie) Could 8, 2026
Supply: Zero2HeroZombie
The analyst famous that these observations are based mostly purely on technical indicators. Fundamentals, he was clear, had been a separate dialog solely.
Accumulation, Endurance, and a Market Cap That Mattered
He had amassed closely at a market cap of $1.3 billion, each in 2023 and once more in 2026. That accumulation zone has proven up twice now.
The submit, shared publicly on X, reads: no feelings, no change in stance. Calm. Centered. Collected. An extended-term holder watching value do what value does whereas ready for construction to shift.
Value has not shifted. Not but.
Resistance at $4.3 is the primary gate. Analysts monitoring ICP’s promote partitions on shorter timeframes have mapped related zones, layered areas the place sellers have traditionally stepped in and ended rallies earlier than they gathered weight.
Getting via a kind of partitions is one factor. Getting via three in sequence is a distinct sort of drawback.
The 2018 Quantity That Retains Coming Up
What makes the present value uncomfortable is the personal sale context. Backers who entered ICP on the 2018 personal sale spherical did so at costs above the place the token trades in the present day, years later, after a number of market cycles, after a 2021 all-time excessive north of $700, after the whole lot.
That’s the sort of statistic that tends to floor during times of prolonged consolidation. It doesn’t essentially imply the underside is in. It doesn’t essentially imply it isn’t.
Zero2HeroZombie’s stance stays unchanged. Solely a confirmed break above all three resistance ranges, $4.3, then $6.8, then $9.8, would immediate any reconsideration. Per his X submit, that’s the situation. Nothing else adjusts it.
The market cap sat close to $1.3 billion when he added publicity the primary time. It was sitting there once more this yr.
Whether or not that issues is a query the chart will ultimately reply.
Disclaimer: This text relies on technical evaluation and commentary from X. It’s not monetary or funding recommendation. All value views expressed are these of the cited analyst and supply.