The Internet computer crowd finally has something to celebrate besides survival. The ICP price rose nearly 35% to $4.0 before falling near $3.70, and for once, this wasn’t a random candle fueled by some kind of meme-level delusion. The breakout actually came with a convenient narrative that traders can sink their teeth into.
More importantly, today ICP/USD managed to break above the 200-day moving average range, flipping the long-term resistance area into dynamic support. In cryptocurrency terms, this is basically a chart that screams, “The pain trade may be over.”
WordPress move ignites demand for computers online
Well, the ICP token price rally actually started on May 5 after Dfinity Announce On X, WordPress now runs entirely on PC by the Wasp Technology team.
No, not partially. The deployment is said to include a front-end, WP-admin, database, and caching system that runs completely on-chain with no external databases, off-chain caches, proxy layers, or TEE VPS infrastructure, for each their own x-pub. This development helped the ICP price to bounce back from the $2.30 support zone and rise almost 70% during the ongoing rally.
Whale wallets are quietly accumulating ICP tokens
It was said: running inside ICP/USD It was real, and what’s more is the fact that individual traders alone usually do not sustain such moves. On-chain supply distribution data paints a more interesting picture here.
The metric chart also shows that portfolios holding between 10 and 10,000 ICP tokens reduced exposure in early May. Meanwhile, holders controlling between 10,000 and 100,000 ICPs and even wallets containing 100,000 to 1 million ICPs began to accumulate. This shows that buying demand has returned.
ICP price is looking to break through greater resistance in the future
So, moving forward what’s next? The immediate hurdle now lies around the $4.50 resistance area. If the ICP price breaks above this level and turns it into support, the possibility of a move towards $7.00 before the first half of 2026 closes looks much less ridiculous.
for now, Internet pool for computer Finally, it has technical momentum and a strong enough narrative to keep traders watching.
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