{"id":51184,"date":"2026-07-31T03:41:16","date_gmt":"2026-07-31T03:41:16","guid":{"rendered":"https:\/\/cryptd.in\/down-99-7-from-ath-is-internet-computer-icp-due-for-a-comeback-or-total-collapse\/"},"modified":"2026-07-31T03:41:16","modified_gmt":"2026-07-31T03:41:16","slug":"down-99-7-from-ath-is-internet-computer-icp-due-for-a-comeback-or-total-collapse","status":"publish","type":"post","link":"https:\/\/cryptd.in\/tr\/down-99-7-from-ath-is-internet-computer-icp-due-for-a-comeback-or-total-collapse\/","title":{"rendered":"Down 99.7% From ATH: Is Internet Computer (ICP) Due for a Comeback or Total Collapse?"},"content":{"rendered":"<p>Many leading cryptocurrencies, including Bitcoin (BTC), Ethereum (ETH), and Ripple (XRP), are currently trading far below their historic peaks, yet none of these declines compares to the massive crash that Internet Computer (ICP) has suffered.<\/p>\n<p>Despite the bloodbath, several analysts refuse to lose hope and think a resurgence could be on the horizon. On the other hand, pessimists believe things are likely to deteriorate even further from here.<\/p>\n<h2>The Bright Side<\/h2>\n<p>ICP began trading in May 2021, and during its early days, its price briefly skyrocketed above $700. What followed next was a brutal collapse, while the bear market over the past several months has only worsened its condition.<\/p>\n<p>Currently, it trades at roughly $2.06 (according to CoinGecko), representing a whopping 99.7% crash from the all-time high. Its market capitalization has declined to approximately $1.14 billion, making it the 60th-largest cryptocurrency.<\/p>\n<p>It may seem that all is lost for ICP, yet certain industry participants have noted repeating patterns that could open the door to a long-awaited rebound. X user CW <a href=\"https:\/\/x.com\/CW8900\/status\/2082427011285602515\">claimed<\/a> that the strong accumulation of the asset has continued for a month, reaching a score of 100. The analyst pointed out that in the past, such periods have been followed by major pumps, and we have yet to see whether history will repeat itself.<\/p>\n<p>For their part, KYRA BLOOM <a href=\"https:\/\/x.com\/Kyra_Bloom0\/status\/2081358477260460092\">spotted<\/a> a potential buy setup. They believe that as long as the price holds above $1.94, the bullish breakout path remains valid, projecting a rise to nearly $9.<\/p>\n<h2>The Pessimists\u2019 View<\/h2>\n<p>Others like Cryptorphic stand on the opposite corner and expect ICP to bleed even more. The analyst <a href=\"https:\/\/x.com\/Cryptorphic1\/status\/2082409786306617566\">opined<\/a> that the token is sitting at \u201ca very interesting level\u201d after breaking below the key $2.10 support zone.<\/p>\n<blockquote>\n<p>\u201cThe important part is what happens next. If $2.10\u2013$2.12 turns into resistance on a retest, I think the breakdown could continue, with $1.67 as the major downside area I\u2019m watching. As long as ICP remains below the descending trendline and fails to reclaim the broken support, my bias stays bearish,\u201d they stated.<\/p>\n<\/blockquote>\n<p>Crypto Patel also gave their two cents, <a href=\"https:\/\/x.com\/CryptoPatel\/status\/2082488820554248667\">anticipating<\/a> a further plunge if $2 fails to hold. \u201cThe HTF chart projects a potential move toward $1, with $0.50 remaining the next major downside target,\u201d the market observer warned.<\/p>\n<p>G\u00f6nderi <a href=\"https:\/\/cryptopotato.com\/down-99-7-from-ath-is-internet-computer-icp-due-for-a-comeback-or-total-collapse\/\">Down 99.7% From ATH: Is Internet Computer (ICP) Due for a Comeback or Total Collapse?<\/a> ilk olarak \u015furada yay\u0131nland\u0131 <a href=\"https:\/\/cryptopotato.com\/\" rel=\"nofollow\">CryptoPotato<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"<p>Many leading cryptocurrencies, including Bitcoin (BTC), Ethereum (ETH), and Ripple (XRP), are currently trading far below their historic peaks, yet none of these declines compares to the massive crash that Internet Computer (ICP) has suffered. Despite the bloodbath, several analysts refuse to lose hope and think a resurgence could be on the horizon. On the [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":51186,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-51184","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-feeds"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.1 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Down 99.7% From ATH: Is Internet Computer (ICP) Due for a Comeback or Total Collapse? - cryptd.in<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/cryptd.in\/tr\/down-99-7-from-ath-is-internet-computer-icp-due-for-a-comeback-or-total-collapse\/\" \/>\n<meta property=\"og:locale\" content=\"tr_TR\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Down 99.7% From ATH: Is Internet Computer (ICP) Due for a Comeback or Total Collapse? - cryptd.in\" \/>\n<meta property=\"og:description\" content=\"Many leading cryptocurrencies, including Bitcoin (BTC), Ethereum (ETH), and Ripple (XRP), are currently trading far below their historic peaks, yet none of these declines compares to the massive crash that Internet Computer (ICP) has suffered. Despite the bloodbath, several analysts refuse to lose hope and think a resurgence could be on the horizon. 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