ICP trades near $3.50, below its 2018 private sale price, as three resistance levels at $4.3, $6.8, and $9.8 keep bulls at bay. Pure TA, not financial advice.
The chart goes back further than most people bother to look. Internet Computer’s ICP token is now trading at roughly $3.50, a number that sits below what early backers paid during the project’s 2018 private sale round.
That detail barely made headlines. It probably should have.
The Three Walls Nobody Wants to Talk About
According to Zero2HeroZombie on X, ICP carries three distinct resistance levels that need clearing before anything changes in the long-term picture. The first sits at $4.3. Above that, $6.8. Then $9.8, a level that looks distant from where ICP is currently parked.
Zero2HeroZombie posted the big-picture breakdown this week, attaching a long-term price chart showing each major rejection point across ICP’s history. The chart maps a series of lower highs stretching back through 2024 and into 2025. Each bounce eventually sold into. Each recovery eventually reversed.
$ICP Big picture (long term)
Resistance $4.3
Resistance $6.8
Resistance $9.8ICP has a lot of work to do. Only if ICP can break all these levels (I am discussing only about technical indicators now and not Fundamentals), something may change in my stance.
As I… pic.twitter.com/cYvw0Uczlk
— Fabio (@Zero2HeroZombie) May 8, 2026
Source: Zero2HeroZombie
The analyst noted that these observations are based purely on technical indicators. Fundamentals, he was clear, were a separate conversation entirely.
Accumulation, Patience, and a Market Cap That Mattered
He had accumulated heavily at a market cap of $1.3 billion, both in 2023 and again in 2026. That accumulation zone has shown up twice now.
The post, shared publicly on X, reads: no emotions, no change in stance. Calm. Focused. Collected. A long-term holder watching price do what price does while waiting for structure to shift.
Price has not shifted. Not yet.
Resistance at $4.3 is the first gate. Analysts tracking ICP’s sell walls on shorter timeframes have mapped similar zones, layered areas where sellers have historically stepped in and ended rallies before they gathered weight.
Getting through one of those walls is one thing. Getting through three in sequence is a different kind of problem.
The 2018 Number That Keeps Coming Up
What makes the current price uncomfortable is the private sale context. Backers who entered ICP at the 2018 private sale round did so at prices above where the token trades today, years later, after multiple market cycles, after a 2021 all-time high north of $700, after everything.
That is the kind of statistic that tends to surface during periods of extended consolidation. It does not necessarily mean the bottom is in. It does not necessarily mean it isn’t.
Zero2HeroZombie’s stance remains unchanged. Only a confirmed break above all three resistance levels, $4.3, then $6.8, then $9.8, would prompt any reconsideration. Per his X post, that is the condition. Nothing else adjusts it.
The market cap sat near $1.3 billion when he added exposure the first time. It was sitting there again this year.
Whether that matters is a question the chart will eventually answer.
Disclaimer: This article is based on technical analysis and commentary from X. It is not financial or investment advice. All price views expressed are those of the cited analyst and source.
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