Latest Impossible Cloud Network (ICNT) Price Analysis

By CMC AI
02 February 2026 07:07PM (UTC+0)

Why is ICNT’s price up today? (02/02/2026)

TLDR

Impossible Cloud Network (ICNT) rose 4% in the past 24h, slightly outperforming the broader crypto market (+0.93%). Key drivers include technical recovery signals, oversold conditions, and renewed interest in altcoins amid a shifting market narrative.

  1. Technical Rebound: Oversold RSI and mid-term bullish momentum.

  2. Market Sentiment Shift: Altcoin season index up 43% in 30 days.

  3. Volume Surge: Trading volume increased 15.5% to $5.2M.

Deep Dive

1. Technical Recovery Signals (Mixed Impact)

Overview: ICNT’s RSI14 (44.99) rebounded from oversold territory (30-day low: RSI7 at 39.64), signaling short-term buying interest. The 60-day price surge (+38.92%) contrasts with a 30-day dip (-27.82%), suggesting traders may be capitalizing on discounted entry points.

What this means: While the MACD remains bearish (-0.0015581), the RSI recovery hints at a potential trend reversal. The price ($0.383) sits below the 30-day SMA ($0.40), creating a “buy the dip” narrative for traders eyeing the $0.415 Fibonacci retracement level.

2. Altcoin Rotation Momentum (Bullish Impact)

Overview: The crypto Altcoin Season Index rose 43.48% over 30 days, reflecting capital rotation from Bitcoin into smaller caps. ICNT’s 24h volume surged to $5.2M (+15.5%), aligning with this trend.

What this means: As Bitcoin dominance stabilizes (+59.3%), investors appear to be diversifying into undervalued altcoins. ICNT’s $64M market cap and enterprise cloud focus position it as a DePIN (Decentralized Physical Infrastructure) narrative play, attracting speculative interest.

3. Valuation Reset and Liquidity (Neutral Impact)

Overview: Recent reports highlight a widening gap between ICNT’s current market cap ($64M) and its 2025 VC valuation ($470M). While this initially pressured prices, the 24h rebound suggests some traders view the disparity as a buying opportunity.

What this means: The token’s turnover ratio (8.14%) indicates moderate liquidity, reducing volatility risks. However, sustained recovery depends on proving real-world adoption—ICNT’s hybrid fiat/crypto model and enterprise clients (1,000+) remain critical to watch.

Conclusion

ICNT’s 24h gain reflects a blend of technical factors, altcoin momentum, and speculative interest in its long-term cloud infrastructure vision. While broader market fear persists (Fear & Greed Index: 15), the token’s oversold status and niche use case offer contrarian appeal.

Key watch: Can ICNT hold above the 23.6% Fibonacci level ($0.5028) to confirm bullish momentum, or will macro headwinds reignite selling pressure?

Why is ICNT’s price down today? (01/02/2026)

TLDR

Impossible Cloud Network (ICNT) fell 2.78% over the last 24h, underperforming both its 7-day (-8.69%) and 30-day (-27.4%) trends. The drop aligns with a broader crypto market decline (-3.87% in 24h) and reflects project-specific risks. Key drivers:

  1. VC valuation gap – ICNT’s $61.7M market cap now sits 74% below its 2025 VC valuation of $470M, eroding confidence.

  2. Market-wide risk-off sentiment – Extreme fear (CMC Fear & Greed Index: 18) and Bitcoin dominance (59.3%) drain liquidity from alts.

  3. Technical breakdown – Price slipped below critical moving averages, signaling bearish momentum.


Deep Dive

1. VC Valuation Reality Check (Bearish Impact)

Overview: Multiple reports (CryptoRank, Cointelegraph) highlight ICNT’s $470M private valuation (July 2025) versus its current $61.7M market cap. This 87% discount reflects fading faith in overhyped 2025 venture deals.
What this means: The gap signals a market reassessment of ICNT’s growth potential. Investors may be exiting positions amid concerns that project fundamentals (e.g., $7M annual recurring revenue) can’t justify prior valuations.

2. Market-Wide Liquidity Crunch (Bearish Impact)

Overview: The total crypto market fell 3.87% in 24h (as of Feb 1, 2026), with altcoins particularly pressured. ICNT’s 24h volume ($4.8M) is down 7.75%, showing thinning trader interest.
What this means: Extreme fear (sentiment index: 18) and Bitcoin’s dominance (59.3%) suggest capital is fleeing riskier assets. ICNT’s -2.78% underperformed the average altcoin (-3.12% in the "others" dominance category), but thin liquidity exacerbates volatility.

3. Technical Breakdown (Bearish Impact)

Overview: ICNT broke below its 7-day SMA ($0.3938) and 30-day SMA ($0.41007). The RSI (43.4) shows no oversold relief, while the MACD histogram (-0.00038) confirms bearish momentum.
What this means: Traders may view the $0.36–$0.37 zone as a local support. A close below $0.36 could trigger stops toward the 200-day SMA ($0.2939).


Conclusion

ICNT’s decline stems from a toxic mix of project-specific skepticism (VC valuation mismatch) and macro headwinds (crypto-wide risk aversion). While its enterprise cloud use case offers long-term potential, short-term sentiment remains fragile. Key watch: Can ICNT hold the $0.36 support, or will fear-driven selling push it toward 2025 lows?

CMC AI can make mistakes. Not financial advice.