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Market Overview
ICP/USD closed at 3.291 on January 6, 2026, reflecting a 0.70% increase from the previous close of 3.268, despite a 30-day return of -4.58% indicating a prevailing downtrend. The price remains below the 20-day moving average (SMA20) of 3.392, with the 5-day SMA5 at 3.281 and the 50-day and 200-day moving averages not specified but consistent with bearish momentum. The Relative Strength Index (RSI) suggests subdued buying pressure. Nearest support is at 3.222, with resistance near 3.566. No significant upcoming events are noted, while technical indicators confirm continued downward pressure. For information only.
Last Updated 1/8/26

Sam Bourgi is an analyst, writer and financial market commentator featured in and cited by U.S. Congress, Department of Justice, Chicago Board Options Exchange, Barron's and Forbes. He covers stocks, bonds, mutual funds, ETFs, forex, Bitcoin, cryptocurrency, real estate and macroeconomics. He has written over 25,000 articles and over 40 whitepapers and e-books.