đš ICP Update: Down 3% Today â Rebound Coming or More Pain Ahead? đ„
ICP real-time snapshot (Jan 29, 2026):
Price ~$3.14â$3.20 USD (down ~3% 24h, weekly -13%+ dip).
Volume solid (~$60â$73M+) market cap ~$1.72B (rank top 50).
RSI neutral (~45) â not oversold yet room for bounce.
Circulating supply ~548â550M ICP.
Next few days/weeks outlook:
Short-term: Consolidation/dip likely
$3.00â$3.30 zone. Holding above $3.13 support = potential rebound to $3.50â$4.00 (if broader market risk-on post-Fed). Break below $3.10? Deeper pullback to $2.80â$3.00 possible on profit-taking.
Bullish triggers: Mission70 deflationary push (inflation down 44%+ supply-side already targeting 70% total by year-end via voting/node rewards cuts + burn from AI/cloud engines like Caffeine). Swiss Subnet enterprise adoption onchain AI narrative heating up. If BTC stable ICP could catch violent rotation!
Bearish risks: Macro dip, AI bubble fears but fundamentals improving post-Mission70 whitepaper.
Verdict: Neutral to mildly bearish short-term (pullback mode) but bullish medium-term on tokenomics + ecosystem growth. ICP still undervalued vs AI/DeFi peers? đ
Poll: ICP next move in coming days?
Rebound to $4+ đ
Sideways $3.00â$3.30 grind
Dip to $2.80 first
Drop your target & thoughts in comments! Like if holding, share for the squad.
DYOR | NFA
