Citing Cryptofrontnews, Internet Computer ($ICP) has surged over 150% after breaking out of a descending channel that started in mid-2024. The breakout was confirmed by strong buying volume and renewed momentum above critical support levels. Analysts suggest the next price targets could be between $8.50 and $9.00. The token's price rose from around $3.80 to nearly $9.40 before a slight pullback, likely due to short-term profit-taking. A breakout above $7.30–$7.40 could push prices higher, while a drop below $6.80 may lead to a retest of the $6.20–$6.00 support zone.
Internet Computer (ICP) Surges 150% After Breaking Out of Long-Term Downtrend
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