Internet computer
Saw a volatile 24-hour stretch marked early sale and a sharp rebound after falling to $ 5.27, Token recovered nearby to settle for $ 5.4324 -Losses of losses after 3.47% day -day decline. The cycle arrives amidst the updated optimism driven by the official launch of caffeine, an next-generation AI-powered web3 platform built on the ICP.
Unveiled on July 15, 2025, at The event “Hello, Self-Writing Internet” in San FranciscoCaffeine users provide users to generate decentralized apps using natural language – no code required. The platform debut marks a significant milestone on the Internet computer approach to combine on-chain AI with seamless DAPP creation, which helps ignite the purchase of interest in the latter.
Overnight, the Bears pushed the ICP from $ 5.39 to $ 5.20 in volume of over 850,000 contracts at 6:00 am, according to a CoinDesk Research review.
However, the landscape moved after 14:30 UTC on Tuesday. The ICP dropped to $ 5.27 but then upside down in a series of institutional -size spikes. This fuzzy activity raised the token back to $ 5.34, which diminished the losses during the day and strengthened the existence of the buyer around $ 5.27- $ 5.28 support band.
The main development is more emotional. The DFinity Foundation has burned more than 1 million tokens to tighten the supply, while the new Vetkey privacy protocol refers to critical concerns over blockchain data security.
In AI now on-chain lives through caffeine and technical buyers who have walked near the main support, the ICP appears to have prepared to try the fight to $ 5.40 again, supported by the ecosystem momentum and strategic upgrade.
Technical assessments
- The ICP fell 3.47% to 24 hours, with a $ 0.30 intraday spread from $ 5.50 to $ 5.2115.
- Caffeine launching introduced the creation of AI-powered DAPP, which drives bullish feelings.
- Bears pushed the price lower in advance; The $ 5.20 support is held firm in heavy overnight quantities.
- A rebound raised the ICP from $ 5.27 to $ 5.34 after a wave of accumulation.
- Noticeable quantity surges: 14:52 (41,106)15:03 (44,658)15:29 (17,658).
- The resistance remains at $ 5.40- $ 5.42, where the rallies are repeatedly silent.
- Re-establish support at $ 5.20- $ 5.28 following recovery.
- Current price: $ 5.4324, holding above intraday lows and showing upward bias.
Denial: Parts of this article were formed with assistance from AI tools and our editorial team reviewed to ensure accuracy and compliance with our standards. For more information, see CoinDesk’s entire AI policy.
