Internet Computer shows weakness as ICP trends lower, nearing oversold territory with support levels at $410 and $400 in focus.
Story IP rallies sharply, gaining over 692% lifetime and maintaining strong momentum with liquidity support and potential upside toward $10.
Render remains range-bound, consolidating between $3 and $4, with sellers dominating resistance levels and accumulation signs emerging near support.
Altcoins are moving in different directions as Internet Computer trends lower, Story IP extends its strong gains, and Render remains in consolidation. Market signals show diverging momentum, with ICP slipping under pressure, IP pushing higher toward key resistance, and RNDR trading within a narrow band. These moves reflect shifting demand across the sector as technical levels shape trading behavior.
Internet Computer Faces Pressure
Internet Computer is trading at 417.44, marking a decline of 3.06% in the most recent session. The chart shows continued weakness, with ICP sliding from previous highs near 434 toward the lower range of the Bollinger Band. This signals growing selling pressure as the token struggles to maintain upward momentum.
Source: Yahoo Finance
Technical indicators highlight weakening sentiment. The RSI is almost 39.85, close to the position of oversold following a long decrease. In the meantime, the MACD supports the bearish momentum, where the signal line is decreasing below zero and supporting the likelihood of continuing decline.
Volume tends to show peaks in intraday falls, which may indicate the presence of more sellers as the pressure on prices increases. Unless ICP reclaims levels above 430, it risks sliding further toward 410 and possibly 400. A rebound above 425 would be required to restore short-term confidence.
Story IP Rallies Toward New Highs
Story IP is priced at 7.92, recording lifetime gains of more than 692.2%. The token holds a market capitalization of 2.41 billion, while its fully diluted valuation stands at 7.97 billion. Trading volume has increased 18.75% in the past day, reaching nearly 161 million.
Source:Coinmarketcap
The chart shows strong momentum since mid-2025, with IP rebounding from lows near 2 and climbing toward new highs. Consolidation phases in May and June gave way to steady advances through July and August. This upward trend indicates renewed market confidence supported by both speculative interest and fundamental demand.
Supply metrics add further context. The circulating supply is 304.55 million available of the one billion plus total supply. The market cap to volume ratio of 6.7 shows that the liquidity is stable, which facilitates trading of stocks smoothly across the exchanges.
Render in Consolidation
Render is trading at 3.28, marking a daily decline of 4.79%. The token has experienced prolonged weakness since late 2024, when prices peaked near 12. Selling pressure in February and March pushed values to yearly lows near 2.50.
Source:Mitrade
Since then, RNDR has traded between 3 and 4, with multiple failed attempts to break higher. Each move toward 4 has met resistance, leaving the token stuck in consolidation. Sellers continue to dominate whenever the price approaches upper range levels.
Support appears firm near 3, which has acted as a base during repeated retests. A decisive break below this level could trigger deeper declines, while a push above 4 may open room toward 5. Current consolidation suggests accumulation, but sustained momentum will be needed to shift trend direction.
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Crypto Market Update: Internet Computer Faces Pressure, Story IP Rallies, Render in Consolidation
Internet Computer shows weakness as ICP trends lower, nearing oversold territory with support levels at $410 and $400 in focus.
Story IP rallies sharply, gaining over 692% lifetime and maintaining strong momentum with liquidity support and potential upside toward $10.
Render remains range-bound, consolidating between $3 and $4, with sellers dominating resistance levels and accumulation signs emerging near support.
Altcoins are moving in different directions as Internet Computer trends lower, Story IP extends its strong gains, and Render remains in consolidation. Market signals show diverging momentum, with ICP slipping under pressure, IP pushing higher toward key resistance, and RNDR trading within a narrow band. These moves reflect shifting demand across the sector as technical levels shape trading behavior.
Internet Computer Faces Pressure
Internet Computer is trading at 417.44, marking a decline of 3.06% in the most recent session. The chart shows continued weakness, with ICP sliding from previous highs near 434 toward the lower range of the Bollinger Band. This signals growing selling pressure as the token struggles to maintain upward momentum.
Source: Yahoo Finance
Technical indicators highlight weakening sentiment. The RSI is almost 39.85, close to the position of oversold following a long decrease. In the meantime, the MACD supports the bearish momentum, where the signal line is decreasing below zero and supporting the likelihood of continuing decline.
Volume tends to show peaks in intraday falls, which may indicate the presence of more sellers as the pressure on prices increases. Unless ICP reclaims levels above 430, it risks sliding further toward 410 and possibly 400. A rebound above 425 would be required to restore short-term confidence.
Story IP Rallies Toward New Highs
Story IP is priced at 7.92, recording lifetime gains of more than 692.2%. The token holds a market capitalization of 2.41 billion, while its fully diluted valuation stands at 7.97 billion. Trading volume has increased 18.75% in the past day, reaching nearly 161 million.
Source:Coinmarketcap
The chart shows strong momentum since mid-2025, with IP rebounding from lows near 2 and climbing toward new highs. Consolidation phases in May and June gave way to steady advances through July and August. This upward trend indicates renewed market confidence supported by both speculative interest and fundamental demand.
Supply metrics add further context. The circulating supply is 304.55 million available of the one billion plus total supply. The market cap to volume ratio of 6.7 shows that the liquidity is stable, which facilitates trading of stocks smoothly across the exchanges.
Render in Consolidation
Render is trading at 3.28, marking a daily decline of 4.79%. The token has experienced prolonged weakness since late 2024, when prices peaked near 12. Selling pressure in February and March pushed values to yearly lows near 2.50.
Source:Mitrade
Since then, RNDR has traded between 3 and 4, with multiple failed attempts to break higher. Each move toward 4 has met resistance, leaving the token stuck in consolidation. Sellers continue to dominate whenever the price approaches upper range levels.
Support appears firm near 3, which has acted as a base during repeated retests. A decisive break below this level could trigger deeper declines, while a push above 4 may open room toward 5. Current consolidation suggests accumulation, but sustained momentum will be needed to shift trend direction.