Internet Computer (ICP) Surges Past $7.00 With 34% Rally
On November 6, 2025, Internet Computer (ICP) experienced a remarkable surge, climbing 34% to reach $7.02, marking a significant breakout above the key $7.00 resistance level. This rally extended ICP's multi-session recovery trend and was supported by impressive trading activity, with 19.57 million tokens traded—288% higher than the 30-day average. The token jumped from $5.26 to a high of $7.20, indicating a strong daily performance. The breakout was characterized by high volume and positive momentum indicators, suggesting a continuation toward potential extension targets of $7.25 to $7.40, provided the new support level holds. Analysts predict a possible short-term consolidation around $6.95 to $7.00, but the overall outlook remains bullish following this significant technical move.
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