Markets

What You Really Need to Know:
- ICP rocketed by 7.88% to hit a stunning $7.77, proving that it still knows how to make an entrance.
- Volume? Oh, just a modest 261% increase over the 30-day average. No big deal, right?
- The chart is still looking bullish, with $8.00 looming as the next “please-don’t-cross-me” resistance, while $7.40 holds the line as support.
Well, what a week it’s been for ICP! The token couldn’t be stopped on Thursday, jumping 7.88% to $7.77 and leaving the rest of the crypto world in the dust. It’s as though the coin suddenly decided that it’s way too good to stay down for long.
We’ve seen a breakout rally that’s almost starting to look like a trend, with ICP effortlessly climbing above the old resistance points. Talk about moving in the right direction! This is not your average crypto wobble-this is a show of pure, unadulterated strength.
And let’s talk volume-20.11 million ICP tokens traded. That’s 261% more than usual, a sign that everyone and their grandmother is getting in on this action. According to CoinDesk Research, it’s clear that there’s something happening here that traders can’t ignore.
What happened next? Well, the price made a sprint to $8.76 before people started locking in some of those tasty short-term gains. Smart move. But this wasn’t the end. Oh no, it was just a little rest before the next sprint.
So, what’s the big picture? ICP’s chart is looking more bullish than a herd of charging bulls, with higher lows keeping things moving in a positive direction. If this continues, we might be looking at a price surge that will leave everyone wondering why they didn’t buy in earlier.
Traders are eyeing $8.00 as the next major resistance point. If ICP can keep its footing above $7.40-$7.50, we might just see the next big leap toward $8.50 or even $8.90. Who knows, maybe ICP will be the crypto hero we never expected. 🤷♂️💰
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2025-11-07 21:14