Internet Computer (ICP) Bulls Charge Toward $3.60 Breakout as Key Resistance Levels Crumble

Internet Computer's ICP token is knocking on the door of a major price milestone, with bullish momentum building for a potential surge past the $3.60 mark.

The Battle at the Wall

It's a classic crypto showdown. Buyers are repeatedly testing a critical resistance zone—that invisible ceiling where sellers have historically stepped in. Each test weakens the structure. The chart tells a story of mounting pressure, with higher lows suggesting accumulation and a shift in sentiment. The $3.60 level isn't just a number; it's the line in the sand that, once crossed, could trigger a new phase of price discovery.

Momentum Builds Behind the Scenes

Forget the hype—focus on the mechanics. On-chain activity and trading volume often whisper before the price shouts. The network's unique proposition—hosting software and data directly on the blockchain—continues to draw developer interest, creating a fundamental undertow beneath the price waves. It's the kind of quiet build-up that precedes a loud move.

The Breakout Blueprint

A clean break and hold above $3.60 flips the script. That resistance becomes support, offering a springboard for the next leg up. Targets? Traders will eye previous consolidation zones, but the real game is about momentum fueling momentum. Of course, in crypto, every rally is just one 'risk-off' tweet from a regulator or a billionaire away from a reversal—a cynical truth that keeps everyone on their toes.

The stage is set. The bulls have the ball. It's now a question of whether they can punch it in for the score or if the defense holds firm one more time.

ICP Tests Key Resistance as Bulls Eye $3.60 Breakout

However, the crypto analyst, Nehal, highlighted that ICP is displaying renewed strength as it tests the descending channel that has held back the price action for the last 37 days. Investors are eagerly awaiting a clear close above the historical downtrend channel, which might indicate the start of a positive phase for the token if the price manages to break away from the channel’s constraints.

Source: Nehal

A breakout above the channel WOULD open up the possibility of reaching the $3.60 area in the near future. Experts say that if the momentum is harnessed, attaining double-digit prices is achievable in the near term. This would be a huge turnaround, grabbing the attention of traders and investors eager to grasp the upside potential of the cryptocurrency.

In addition to a select few altcoins, it appears that ICP is ready to start a new cycle. Observers of the market are noting that the closing price of today will prove to be crucial in determining the direction of the market. A successful start by ICP may give way to a recovery in the market in general.

Also Read: Internet Computer (ICP) Set to Surge: Key Price Targets $4 – $17.50