Internet Computer (ICP) Surges Past $7.00 With 34% Rally on Massive Volume

The Internet Computer (ICP) experienced a significant surge, rising 34% to $7.02, marking a pivotal breakout beyond the key resistance level of $7.00. This upward movement was bolstered by high trading volume, reaching 19.57 million tokens, which is 288% above the 30-day average. The strong rally signals renewed bullish momentum in a volatile crypto market, indicating increased investor confidence in ICP. Following this breakout, analysts set targets for potential price extensions between $7.25 and $7.40 as the newly established support zone is expected to hold. During the day, ICP’s price increased from $5.26 to a peak of $7.20, showcasing one of its most robust performances in recent months. The trading activity highlighted a key shift in market sentiment as participation rates surged, confirming that the breakout is a structurally significant movement rather than a mere speculative spike.

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