ICP Jumps 7.9% to $7.77 as Breakout Rally Extends on Heavy Volume

Internet Computer (ICP) continued its strong performance, rising 7.88% to $7.77, significantly outperforming the broader crypto market. This move extended a breakout rally initiated earlier in the week, confirming a sustained uptrend above prior resistance levels. Trading activity was exceptionally high, with 20.11 million ICP tokens exchanged, representing a 261% surge above the monthly average, indicating strong market engagement following the technical breakout. The price action saw a session high of $8.76 before consolidating. Technically, ICP is forming higher lows, suggesting continued bullish momentum. Analysts are watching $8.00 as the next resistance, with the $7.40–$7.50 zone acting as a crucial near-term support floor; sustained closes above these levels could target $8.50–$8.90.

(Source：CoinDesk)