Internet Computer (ICP) Surges Past $7.00 With 34% Rally on Massive Volume
Summary
Internet Computer (ICP) extended its rally on Thursday, surging 33.99% to reach $7.02, which confirmed a bullish breakout above the critical $7.00 threshold. This sharp upward move occurred amidst heavy trading volume—roughly three times the 30-day average—and broader crypto market volatility, with ICP showing strength separate from sector weakness. The token jumped from $5.26 to a high of $7.20, marking a significant technical and psychological milestone as $7.00 transforms into new support. The sustained participation and high volume validated the move, suggesting potential continuation toward the $7.25–$7.40 range if the new support zone holds.
(Source:CoinDesk)