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.
- Content Editor ( coinedition.com )
- 2024-09-11
ICP Price Surges 11%, Analyst Predicts Potential 750% Rally