On February 14, 2026, ICP experienced a notable daily rise of 4.87%, reaching a price of $2.41. However, this uptick does not alter the prevailing downtrend that has been affecting the asset.
The Relative Strength Index (RSI) currently stands at 35, indicating that the asset is approaching oversold territory, yet the overall market sentiment remains cautious. The support levels for ICP are identified between $1.9989 and $2.3763, which are crucial for maintaining stability in the face of ongoing bearish pressure.
Furthermore, the correlation with BTC has been intensifying, contributing to the pressure on ICP as the broader cryptocurrency market continues to navigate turbulent waters. Traders and investors should monitor these support levels closely, as a breach could trigger further declines.
In summary, while the recent percentage gain may seem encouraging, the underlying trend suggests that caution is warranted. Investors should remain vigilant and consider market dynamics as they engage with ICP and its correlation with BTC.
