Internet Computer Surges 16%: Is $6.33 the Next Big Target?

Internet Computer (ICP) is currently trading at $4.14, reflecting a notable increase of 16.06% in the past 24 hours. Trading volume for the same period reached $371.96 million, representing an 87.6% surge compared to previous activity. Over the past week, ICP has maintained its upward momentum, with the seven-day average price at $4.15, marking a 4.15% increase.

Market analysts attribute the sudden surge to renewed investor interest in Internet Computer’s long-term scalability and adoption potential. The cryptocurrency has drawn attention from both retail and institutional investors, who are increasingly viewing ICP as a high-potential digital asset in the rapidly evolving blockchain sector.

ICP’s Breakout Reflects Broader Market Optimism

Crypto analyst Crypto Mafiaa highlighted ICP’s recent performance as a decisive breakout. According to their commentary, the cryptocurrency moved from $3.18 to $4.14, surpassing multiple short-term price targets of $3.45, $3.60, and $3.85. Analysts describe the move as a “wide-awake sleeping giant,” emphasizing that technical charts confirm strong upward momentum.

The analyst also suggested that such price patterns demonstrate the cryptocurrency’s potential for further gains, indicating that similar bullish setups may continue to emerge. The statement underscores the growing confidence among crypto traders and technical analysts regarding ICP’s short- and medium-term prospects.

Also Read | ICP Poised for Bullish Breakout: Multi-Year Falling Wedge Signals $20+ Potential

Internet Computer Price Prediction for 2026

According to DigitalCoinPrice, ICP could approach $6.33 by the end of the year. This projection implies a significant rebound and the potential to surpass the cryptocurrency’s previous all-time high of $750.73, a record set in earlier market cycles.

Investors and market experts also highlight that before reaching $6.33, ICP may encounter incremental milestones, including intermediate resistance levels that could act as potential targets for short-term trading strategies. The overall sentiment reflects optimism in the long-term growth trajectory of Internet Computer, fueled by its innovative blockchain infrastructure and expanding ecosystem.

Also Read | Internet Computer (ICP) Poised for $14 Breakout After Years of Accumulation