Accumulate

random

Rally

Internet Computer

Resistance

<p>The Internet Computer crowd finally has something to celebrate besides survival. ICP price just ripped nearly 35% higher to touch $4.0 before cooling near $3.70, and for once, this wasn’t some random candle fueled by some kind of meme-level delusion. The breakout actually came with a proper narrative to which traders could sink their teeth into.</p>
<p>More importantly, ICP/USD today has managed to break above the 200-day EMA band, flipping a long-standing resistance zone into dynamic support. In crypto terms, that’s basically the chart screaming, “maybe the pain trade is over.”</p>
<h2 class="wp-block-heading" id="h-wordpress-move-ignites-internet-computer-demand">WordPress Move Ignites Internet Computer Demand</h2>
<p>Well, the rally in ICP token price really started on May 5 after Dfinity <a href="https://x.com/dfinity/status/2051678456329429009?s=20" rel="noopener noreferrer nofollow">announced</a> on X that WordPress now runs entirely on the Internet Computer through the Wasp Technology team.</p>
<p>And no, not partially. The deployment reportedly includes the frontend, WP-admin, database, and caching system running fully on-chain without external databases, off-chain caches, proxy layers, or TEE VPS infrastructure, per their x post. That development helped ICP price bounce from the $2.30 support region and climb roughly 70% in total over the ongoing rally.</p>
<h2 class="wp-block-heading" id="h-whale-wallets-quietly-accumulate-icp-tokens">Whale Wallets Quietly Accumulate ICP Tokens</h2>
<p>That said, the run in <a href="https://in.tradingview.com/symbols/ICPUSD/" rel="noopener noreferrer nofollow">ICP/USD</a> was real, and more to that the reality is that retail traders alone don’t usually sustain moves like this. On-chain supply distribution data paints a more interesting picture here.</p>
<p>As metric chart shows that the Wallets holding between 10 and 10,000 ICP tokens have reportedly been reducing exposure in early May. Meanwhile, holders controlling 10,000 to 100,000 ICP&nbsp; and even wallets holding 100,000 to 1 million ICP&nbsp; have started accumulating. This makes it clear that buying demand is back.</p>
<figure class="wp-block-image size-large"><img width="1024" height="347" src="https://image.coinpedia.org/wp-content/uploads/2026/05/09174952/Internet-Computer-ICP-17.34.44-09-May-2026-1024x347.webp" alt="Can ICP Price Rally Continue Toward $7, as Whales Have Turned On?
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<h2 class="wp-block-heading" id="h-icp-price-eyes-bigger-resistance-breakout-ahead">ICP Price Eyes Bigger Resistance Breakout Ahead</h2>
<p>So, moving forward what’s next? The immediate hurdle now sits around the $4.50 resistance area. If ICP price breaks above that level and converts it into support, the probability of a move toward $7.00 before H1 2026 closes starts looking a lot less ridiculous.</p>
<figure class="wp-block-image size-large"><img width="1024" height="508" src="https://image.coinpedia.org/wp-content/uploads/2026/05/09174918/image-4-1024x508.webp" alt="Can ICP Price Rally Continue Toward $7, as Whales Have Turned On?
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</figure>
<p>For now, the <a href="https://coinpedia.org/price-prediction/internet-computer-icp-price-predictio/" rel="noopener noreferrer nofollow">Internet Computer rally</a> finally has both technical momentum and a narrative powerful enough to keep traders watching.</p>

Can ICP Price Rally Continue Toward $7, as Whales Have Turned On?

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