Internet Computer (ICP) Price Just Flipped Resistance Into Support – Is a Surge to $10 Next?
Internet Computer is starting to catch some eyes after jumping 8.81% in a single day, now trading at $6.04. While many altcoins are already moving higher, the ICP price has been slower to follow, but that might be about to change.
Crypto analyst hala.icp shared a tweet that got people talking. She pointed out that although ICP is still “lagging a bit behind,” the chart is “primed and beautiful.” According to her, the price has broken out of a key trendline and has already come back to retest it, a move that often signals strength. With that setup in place, some traders are wondering if ICP is getting ready for a bigger move soon.
What you'll learn 👉
Internet Computer Price Breakout From Falling Wedge Pattern
The ICP chart shows price action from early 2024 through May 2025. The long-term trend has been predominantly bearish, with ICP price falling from above $17 to below $6 over the period.
However, a falling wedge pattern developed starting in mid-March 2025. Falling wedges are commonly viewed as reversal patterns. The breakout from this formation was followed by a successful retest of the upper wedge boundary. This movement aligns with historical recovery setups and has now positioned ICP just above the $6 mark.
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ICP Price Support and Resistance Levels to Watch
The $5.00 zone has acted as a solid support base in recent months. The token has bounced off this level multiple times, helping to form a foundation for the current move. With $6.00 now being tested, the next resistance zone appears around $6.50.
If ICP price manages to push above that range, historical levels suggest $7.00 to $8.00 could come into play. These levels previously acted as resistance during prior rallies in the last 12 months, including peaks near $10 and $17.
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Although exact volume figures are not visible on the chart, the price structure indicates a sequence of higher lows forming after the breakout. This behavior generally reflects growing buyer interest, particularly during a market phase where altcoins are beginning to regain momentum.
The consolidation forming around current levels suggests a possible buildup before a continuation move. Analysts are likely to look for follow-through above $6.50 before confirming any shift in long-term momentum.
ICP Community Sentiment and Social Media Insight
The tweet by hala.icp has played a role in boosting visibility for ICP. With a firm tone, the analyst urged traders not to fall for fear, uncertainty, and doubt (FUD), noting that “the chart says it all.” The statement reflects a broader sentiment among chart-based traders who are leaning on technical structures rather than market speculation.
ICP price has historically shown rapid moves following consolidation phases. While the current rally is modest, the chart setup is being watched for a potential extended move, especially if volume aligns with key breakout zones.
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