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Internet Computer (ICP) rallies over 10% after strong demand zone tests and rising trading volume.

Technical Signals
11 Aug 2026
AMBCrypto
View Source
Bullish
pluang ai news

Internet Computer (ICP) surged more than 10% following three successful retests of the $1.98 to $2.10 demand zone, attracting buyers and boosting market confidence. Trading volume nearly doubled to $84.36 million, signaling increased market activity, while 67.88% of ICP positions were long, reflecting bullish sentiment. However, the heavy long positioning raises the risk of sharp pullbacks if the price reverses. ICP is approaching resistance near $2.40, with potential to move toward $2.60-$2.70 if momentum continues.

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