2025-12-17 05:26:33

IP Token Under Pressure: Technical Breakdown

IP has lost ground hard lately. Down 6.9% over the past day, the bleeding extends to nearly -19.7% when you zoom out to the weekly chart.

What's driving the weakness?

The token just broke below key moving averages—a textbook bearish signal. RSI has plunged to around 20, which typically screams oversold territory. Normally that'd spark buying interest, but the volume just isn't there. Buyers are hanging back.

Market sentiment is decidedly grim. The Fear & Greed Index sits at 22, reflecting widespread anxiety across the market. Layer in the adoption headwinds and persistent unlock concerns, and you've got a cocktail of bearish pressure.

The critical level to monitor: $1.70. Break below that and the downside target swings toward $1.00—a move that would erase significant value. Position sizing matters here.

IP-6,88%

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.

16 Likes

Reward
16
6
Repost
Share

Comment

0/400

CryptoPhoenix

· 2025-12-19 07:22

Another day of being taught a lesson by the market, RSI has dropped to 20 and still no one is buying in. Is this really the bottom or is it just going to keep crashing [笑哭] --- Can it really hold at $1.70? Honestly, I'm a bit scared, but the phoenix will always be reborn. Let's wait patiently. --- Fear Greed index is only 22, I have to say this is preparing for the next round... Believe that the dawn will eventually arrive. --- Every time I look at this kind of technical analysis, my mindset collapses, but when losing money, it's most important to stay clear-headed. The bottom zone is孕育ing opportunities. --- The trading volume is so sluggish, it's really despairing, but looking at it from another angle, isn't this a good time to build positions? --- The road to value return is still long. Today, I continue to go all-in on faith [苦笑]. --- Will $1.00 really come? Forget it, don't think about it. The bear market builds the mentality we need patience.

View OriginalReply0

ForkTongue

· 2025-12-18 09:00

IP is crashing this week, RSI has dropped to 20 but no one is buying, this is awkward.

View OriginalReply0

gas_fee_therapist

· 2025-12-17 05:56

ngl this time the IP really hurts, looking at the weekly chart with such a deep decline, the fact that no one is picking up at the low is the most desperate... --- RSI has already fallen to 20 but still not redeemed, indicating that the market fundamentally doesn't believe it can rebound --- Fear & Greed 22... Damn, everyone is terrified --- If $1.70 breaks, I’ll be done, and $1.00 would mean outright disaster --- If the unlocking issue can't be resolved in one day, don't expect institutions to come and rescue the market --- No volume, no popularity, this is the most terrifying... if it drops further, it will truly become a trash coin --- Wait... is this the final purge? Or is it really bottoming out... --- Oh my god, nearly 20% drop in a week, this bloodshed is unstoppable --- It's all about positioning, everyone. Going in now is really gambling with a gambler's mentality

View OriginalReply0

LidoStakeAddict

· 2025-12-17 05:50

Damn, the IP has dropped again, nearly a 20% decline this week... RSI has already fallen to 20, yet no one is stepping in to buy, this doesn't feel right --- Breaking 1.70 means disaster, heading straight to 1 dollar, how come some people still dare to buy the dip --- Fear & Greed index is only 22, the market is really panicking, unlocking pressure is still there --- Honestly, this drop with no volume is the most disgusting, even the rebounds don't look like rebounds --- Overbought or oversold, without trading volume, everything is pointless, let's wait and see

View OriginalReply0

GmGmNoGn

· 2025-12-17 05:49

Uh, it dropped so much again... RSI is already at 20, and no one is buying? This market is really frustrating. If it breaks 1.70, it's game over.

View OriginalReply0

PositionPhobia

· 2025-12-17 05:34

It crashed again, and this time even harder... RSI dropped to 20, but no one is buying the dip, which shows there's really no confidence.

View OriginalReply0