Internet Computer (ICP) has surged impressively after a prolonged period of accumulation, catching market attention and signaling a potential trend reversal. Traders are now watching closely as ICP attempts to maintain momentum and build toward higher resistance levels.
At press time, ICP trades near $7.52 after gaining more than 6% in the past 24 hours. The recent rally follows a strong multi-day bullish move, though the latest candle shows early signs of profit-taking. This could indicate a brief pause before another push higher if market sentiment holds.
Technical Analysis
Bollinger Bands
Bollinger Bands on the daily chart have expanded aggressively following the recent breakout. The upper band is near $5.15, the mid-band (20-day SMA) sits around $4.55, and the lower band stands close to $3.95.
Price currently trades above the upper band, a sign of strong upward pressure but also an indication that the market may be overheated in the short term. If ICP can stay above $7.00, continuation toward $8.25 and eventually $10.00 becomes more likely. A drop back inside the upper band, however, could signal profit-taking and lead to a retest of support around $6.00 and the $4.40 region.
The widening of the bands reflects rising volatility often seen during early-stage bullish expansions.
RSI Behavior
The RSI reads about 69.69 while its moving average sits near 59.14. This places ICP on the edge of overbought territory. A brief pullback or consolidation could occur soon if buyers begin to cool down.
If the RSI remains above 60 after a dip, traders may view it as a trend continuation signal, which could keep ICP on track toward $9–$10 targets in the coming weeks. A drop below 55 would be an early warning of weakening momentum.
Support and Resistance Levels
In the current setup, Internet Computer finds strong support around $6.00, which acts as the first line of defense for bulls trying to maintain momentum. A deeper support zone lies near $4.40, aligning closely with the 20-day simple moving average, where buyers have previously shown strong interest. On the upside, immediate resistance appears near $7.50, followed by a more critical level at $8.25. If the price can break above this area with sustained volume, the next target could extend toward $10.00, marking a significant psychological milestone for the market.
Holding above the $6.00 region remains crucial for preserving the bullish structure. A failure to maintain this level could push ICP back into its earlier consolidation range, delaying any potential breakout and weakening short-term sentiment.
Internet Computer (ICP) Price Forecast 2025–2029
| Year | Minimum Price | Average Price | Maximum Price |
| 2025 | $4.00 | $6.50 | $8.50 |
| 2026 | $6.50 | $8.00 | $10.00 |
| 2027 | $8.00 | $10.50 | $13.00 |
| 2028 | $10.50 | $13.00 | $16.50 |
| 2029 | $13.00 | $17.50 | $22.00 |
2025
ICP is expected to trade between $4.00 and $8.50 through 2025. The recent breakout shows momentum shifting in favor of bulls, though some consolidation may occur before a full trend continuation.
2026
As Web3 adoption expands and decentralized computing gains traction, ICP could average around $8.00, potentially breaking $10.00 during bullish cycles.
2027
Institutional interest and ecosystem growth could lift ICP to the $10.50–$13.00 range. Application development and on-chain hosting growth may play major roles.
2028
A maturing digital infrastructure market and increased developer activity could push ICP toward $16.50. At this stage, market cycles and blockchain scaling demand would likely drive price behavior.
2029
If adoption and technology execution remain strong, ICP could achieve $22.00, positioning the network as one of the leading decentralized compute ecosystems.
Conclusion
ICP has entered a high-momentum phase with strong upside pressure following a breakout. The RSI suggests caution in the short term, but the expanding Bollinger Bands and sustained volume show that traders are prepared for volatility and continuation.
If ICP holds above the $6.00 level and successfully breaks through the $7.50–$8.25 zone, long-term recovery toward $10.00 and beyond looks increasingly achievable.
FAQs
1. Why is ICP rallying now?
ICP recently broke out of a long accumulation range, triggering technical buying and renewed investor interest.
2. Is ICP overbought?
RSI is near overbought levels, suggesting short-term pullback potential before another leg up.
3. What price must ICP break to target $10?
A break above $7.50 and confirmation over $8.25 would strengthen the case for a move toward $10.00.
4. Can ICP realistically reach $10 again?
Yes. Technical and fundamental conditions support the potential return to double-digit prices within the next cycle.
5. Is ICP a good long-term investment?
With decentralized cloud computing demand expanding, ICP remains a strong long-term blockchain infrastructure project, though volatility will always be a factor.