Gains

Internet Computer

The popular altcoin is among the best-performing cryptocurrencies today (October 12), posting a double-digit increase to around $3.40.
Its pump has caught the eye of well-known analysts who believe it could rise further soon. Moreover, key technical indicators reinforce the bullish case.
<h2 id="more-room-for-growth">More Room for Growth?</h2>
X user Lucky highlighted ICP’s solid uptrend, <a href="https://x.com/LLuciano_BTC/status/2109605750817407340" rel="noopener noreferrer nofollow">saying</a> it has plenty of room to run and projecting a potential jump above $8. The analyst also told their nearly two million followers that the altcoin has “definitely one of the loudest and most passionate communities in crypto.”
CW also weighed in. A few days ago, the analyst <a href="https://x.com/CW8900/status/2108960680774906282" rel="noopener noreferrer nofollow">predicted</a> that a break above $3.39 (as it happened) would shift ICP back to a bullish mode. For their part, EliZ <a href="https://x.com/eliz883/status/2109381898564710748" rel="noopener noreferrer nofollow">claimed</a> the price has moved exactly as previously forecasted, expecting a further ascent beyond $4.
For their part, WIZZ <a href="https://x.com/CryptoWizardd/status/2109255386268082309" rel="noopener noreferrer nofollow">argued</a> that Internet Computer tends to perform well in the last quarter of the year, saying they have exposure to the asset and do not plan to sell in the next few months.
A closer look at the statement, though, shows some divergence. ICP finished Q4 deep in the red three out of five times, while the final quarter of 2023 was indeed very successful for the token, with its price exploding by more than 320%.
<figure style="width: 100%" class="wp-caption aligncenter"><a href="https://cryptopotato.com/wp-content/uploads/2026/10/Q4-ICP.png" rel="noopener noreferrer nofollow"><img src="https://cryptopotato.com/wp-content/uploads/2026/10/Q4-ICP.png" alt="ICP Performance in Q4" width="686" height="400"></a>
 <figcaption>
 ICP Performance in Q4, Source: CryptoRank
 </figcaption>
</figure>
<h2 id="additional-factors">Additional Factors</h2>
ICP’s Relative Strength Index suggests the price may move in line with the aforementioned analysts’ optimistic expectations. The technical analysis tool measures the recent speed and magnitude of price changes to give traders a potential idea about reversal points. It ranges from 0 to 100, where anything around or below 30 is typically interpreted as a buying opportunity, while ratios above 70 signal an impending correction. Currently, the RSI stands just north of the bullish mark.
<a href="https://cryptopotato.com/wp-content/uploads/2026/10/ICP-RSI.png" rel="noopener noreferrer nofollow"><img src="https://cryptopotato.com/wp-content/uploads/2026/10/ICP-RSI.png" alt="" width="845" height="197"></a>
The asset’s exchange netflow should also be mentioned. Over the past several weeks, outflows have dominated inflows, suggesting investors have shifted from centralized platforms to self-custody, effectively reducing immediate selling pressure.
<figure style="width: 100%" class="wp-caption aligncenter"><a href="https://cryptopotato.com/wp-content/uploads/2026/10/ICP-Exchange-Netflow.png" rel="noopener noreferrer nofollow"><img src="https://cryptopotato.com/wp-content/uploads/2026/10/ICP-Exchange-Netflow.png" alt="ICP Exchange Netflow" width="1416" height="400"></a>
 <figcaption>
 ICP Exchange Netflow, Source: CoinGlass
 </figcaption>
</figure>
The post <a href="https://cryptopotato.com/internet-computer-icp-pumps-14-daily-more-gains-ahead/" rel="noopener noreferrer nofollow">Internet Computer (ICP) Pumps 14% Daily: More Gains Ahead?</a> appeared first on <a href="https://cryptopotato.com/" rel="noopener noreferrer nofollow">CryptoPotato</a>.

Internet Computer (ICP) Pumps 14% Daily: More Gains Ahead?

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