Why Hash and ICP Prices Are Rising Today: Market Insight

Altcoin Price Prediction Explains Hash and ICP Move Today

The broader crypto market is moving slightly green today, without any sharp price swings across major assets. Even with that calm setup, a few AI-focused tokens are starting to stand out. Hash and Internet Computer are among them, showing noticeable gains while most of the market stays range-bound.

This kind of selective movement often feeds into the wider altcoin price prediction discussion, where traders shift attention toward themes showing strength. Hash is trading around $0.02377, up nearly 13.23% in the last 24 hours, backed by a sudden jump in trading activity. Meanwhile, ICP is holding near $4.44 after posting a 25.72% daily rise, with volumes expanding sharply. Moves like these are usually tracked alongside AI altcoin market trends, especially when the broader market offers little direction.

Mission70 White Paper and Its Impact on ICP Price Outlook

Over the past few sessions, talk around ICP has picked up again, and much of it traces back to the Mission70 white paper released on January 15. The document lays out a plan to cut ICP inflation by close to 70% by 2026, which immediately caught trader attention. Rather than big promises, the focus stays on adjusting token supply based on how the network is actually used.

Source: X@DfinityToday

With nearly 40% of ICP already staked, any meaningful supply cut could start to matter if the proposal moves forward as outlined. The announcement also lined up with a sharp jump in trading volume, helping explain the recent price strength. Some execution details are still pending, but Mission70 is increasingly being seen as a structural shift toward long-term sustainability, supporting the current altcoin price prediction outlook.

Technical Perspective: Why ICP Is Up Today

If we talk about charts, for a long time, ICP stayed under steady downside pressure, with sellers mostly in control. That phase finally slowed near the $2.80 area, where the price started to hold and form a double bottom. Around the same zone, the structure began to curve higher, shaping into a rounded base, which usually shows that selling is getting absorbed rather than accelerating.

The first push higher did not go very far. Price ran into resistance near $3.50, paused there, and pulled back a bit. Instead of slipping lower, ICP moved sideways for a few sessions. During this consolidation, the 200 EMA, which had been capping price for weeks, was tested again and eventually crossed. That shift seemed to bring buyers back in, and volume picked up almost immediately.

Source: TradingView

Once above the 200 EMA, price moved quickly and cleared earlier resistance levels, lifting ICP above $4.50. If price can stay above this zone, the next areas to watch sit around $5.20, and possibly closer to $6.00. That said, momentum is running hot. The RSI is near 78, which puts it in the overbought zone, so a short pause or pullback would not be surprising.

If the move starts to fade, support comes in near $3.90, followed by $3.50, with the 200 EMA still acting as the line that holds the broader structure together. As long as the price stays above that moving average, the trend does not really break, keeping the current altcoin price forecast tilted to the upside.

Chart Analysis: Why Hash Is Gaining Momentum Today

Hash has been stuck in a descending channel for a while now. Every small rally kept getting sold near the upper trendline, so upside never really followed through. Recently, price finally slowed down near the $0.019–$0.020 area, where selling started to lose some strength. From there a bounce showed up, but for now it looks more like a short-term relief move than a full shift.

Source: TradingView

With that bounce, price pushed back toward the EMA 21, which had been acting as resistance earlier. Hash is now trading around $0.02377, suggesting buyers have stepped back in, at least in the short term. The RSI near 57 also points to some strength, though it is still sitting in a neutral zone, not stretched. On the upside, $0.02530 is the first level to watch. If the price keeps holding, it could stretch toward $0.02860, but that still depends on follow-through. On the downside, $0.02180 sits as the first support. Below that, $0.01960 matters more. If the price starts slipping under these zones, the structure weakens fast. But as long as Hash stays above them, the short-term setup stays together.

Conclusion

The move in Hash and ICP feels more selective than broad, not something the whole market is doing together. ICP is getting support from its recent developments, while Hash looks like it is still trying to find its footing after a long weak phase. There is strength, but it does not feel fully settled yet. Market analysts note that sustained volume and structure confirmation will be key before calling this move a broader trend shift. For now, the setup keeps the altcoin price prediction view slightly positive; a pause would not be surprising, but unless momentum fades clearly, the structure stays on the constructive side.

YMYL Disclaimer: This article is strictly informational in nature and does not constitute an investment recommendation. Investment in cryptocurrencies is extremely volatile. It is always essential to do your own research before making any investment.