ICP Rises 2.8% on Resurgent Investor Interest

ICP Rises 2.8% as Buyers Step In at Support Zone

Internet Computer Protocol (ICP) added 2.8% over the past day, outshining the CoinDesk 20 index’s 1.9% advance, as buyers defended key levels and lifted the token back toward resistance.

ICP traded within a $0.24 range, equal to a 5% swing, moving between $4.60 and $4.84, according to CoinDesk Research. The sharpest move lower came late Monday when the token fell from $4.74 to $4.60 in a single hour. Trading volumes soared above 827,000 during the drop—more than double the daily average of 387,000. The selloff quickly established $4.60 as support, attracting renewed demand.

From there, ICP regained ground, testing resistance around $4.83–$4.84. Turnover surged again during the rebound, with hourly trades topping 26,000 units against a typical 5,500. After consolidating near $4.82, ICP broke higher, briefly touching $4.84 and confirming a bullish breakout pattern.

With support holding firm, analysts suggest momentum may carry forward, with Fibonacci extension levels above $4.85 emerging as potential next targets.

Technical Levels

• Range: $4.60–$4.84 (5% corridor).
• Heavy selloff volumes: 827,105 and 684,909 units.
• Strong support confirmed at $4.60.
• Recovery peak at $4.84 by 10:00 UTC Tuesday.
• Resistance remains at $4.84, validated by volume spikes of 26,939 and 17,946 units.
• Hourly activity far exceeded the 5,500-unit average.
• Technical setup points to possible retests of higher resistance.