NEAR Protocol

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Internet Computer

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<p>ICP, the native token that powers the Internet Computer blockchain, has seen resurgent price action this past week, with a 15% pop in the last 24 hours alone. Key highlights:</p>
<ul>
 <li>24H Low: $13.00</li>
 <li>24H High: $16.26</li>
 <li>24H Volume: $601 million</li>
</ul>
<p>To understand this momentum, examining the Internet Computer’s ambitions provides context. In short, it aims to evolve blockchain infrastructure into a “world computer,” enabling software and systems to run in a decentralized manner without relying on traditional IT backends.</p>
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<p>This aligns neatly with broader “web3” decentralization trends. And as skepticism gives way to building real solutions, renewed investor interest in the internet’s long-term vision appears to be materializing.</p>
<p>Adding observations, crypto trader Flying High <a href="https://twitter.com/CryptoGoPro/status/1742250869238964291?s=20" target="_blank" rel="noopener noreferrer nofollow">notes </a>that ICP formed a constructive “U” bottom base before reversing higher. This signals traditionally bullish continuation potential. With prices achieving a weekly market structure breakout above $14, he sees dips likely finding buying interest down into the $10–11 zone.</p>
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<p>In summary, while still in its early stages, Internet Computer’s uniquely ambitious decentralization roadmap combined with chart signals of bullish continuation indicates the ICP token may be gearing up for a more sustained move upwards. A clean breakthrough at the key $20 level is the next pivotal confirmation to watch for.</p>
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<p>The post <a href="https://captainaltcoin.com/why-is-internet-computer-icp-price-up-analyst-highlights-a-long-term-bullish-u-bottom/" rel="noopener noreferrer nofollow">Why Is Internet Computer (ICP) Price Up? Analyst Highlights A Long-Term Bullish ‘U’ Bottom</a> appeared first on <a href="https://captainaltcoin.com" rel="noopener noreferrer nofollow">CaptainAltcoin</a>.</p>

Why Is Internet Computer (ICP) Price Up? Analyst Highlights A Long-Term Bullish ‘U’ Bottom

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