Internet Computer (ICP) Rises 25% — Bulls Target $3.10

Internet Computer (ICP) has gained nearly 25% over the past month, showing renewed momentum after spending much of the summer near its 2026 lows. Despite the recent recovery, ICP remains down around 3% since the beginning of the year, leaving the token close to flat on a year-to-date basis after a volatile period for the broader cryptocurrency market.

With ICP now trading around $2.80, the token has moved away from its major support near $2.00 and is approaching an important resistance area just above $3.00. The recent rebound has improved the short-term picture, but buyers would still need to overcome several significant price levels before the broader recovery could strengthen further.

Internet Computer (ICP) technical analysis

ICPUSD - 1 Day Time Frame

ICP is currently trading around $2.80, following a steady recovery from the major support area near $2.00. This level has repeatedly attracted buyer interest during recent months and represents an important foundation for the current rebound.

The immediate obstacle is the support/resistance area around $3.10. ICP has approached this region following its recent monthly rally, making it the first major test for buyers. A sustained move above this level could strengthen the improving technical structure and potentially allow the former resistance to begin acting as support.

The longer-term chart, however, still shows considerable resistance above the current price. This suggests that while the recent recovery is encouraging, ICP would need to maintain momentum through several important levels before a broader bullish reversal becomes more convincing.

Conversely, rejection around $3.10 could leave ICP consolidating between $2.00 support and $3.10 resistance. A return toward $2.00 would place renewed importance on whether buyers can continue defending an area that has supported the token throughout much of the summer.

Internet Computer (ICP) price target

The immediate focus is on whether ICP can sustainably break above $3.10. Establishing itself above this level could provide another positive technical signal and open the way toward the next major resistance around $4.50. If buyers eventually manage to overcome $4.50, the next significant upside target would be located around $6.00, a prominent resistance area visible on the weekly chart. Given the distance between these levels, however, periods of consolidation and renewed selling pressure could emerge along the way.

On the downside, failure to break above $3.10 could keep ICP within its current broader range. The $2.00 level remains the most important support visible on the chart, and a sustained break below it could significantly weaken the current recovery.

For now, $3.10 represents the key level to watch. A sustained breakout could strengthen the case for a move toward $4.50, while rejection could leave ICP consolidating or potentially revisiting lower support before another attempt higher.

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