The native token of the Internet Computer blockchain, ICP, has seen a significant surge in the past 24 hours, rising 11.81% and currently trading at $8.67. This increase in price is attributed to a Hidden Bullish Divergence on the ICP price chart, indicating increasing buying pressure and suggesting a potential recovery back to its post-breakout highs at $20.96. Crypto analyst Javon Marks believes ICP could see a surge of 129% or even reach a more ambitious target of $79.572. Despite skepticism due to its previous price drop, ICP has outperformed multiple cryptocurrencies in the last 30 days, showing renewed interest in its decentralized cloud computing approach.



Other News from Today