Internet Computer Price Prediction: ICP Extends Rally as Bulls Regain Momentum

• ICP’s price recovery above key Fibonacci levels signals renewed bullish momentum
• Rising open interest highlights growing speculative activity and trader confidence
• Increasing spot inflows indicate accumulation and strong investor demand resurgence

Internet Computer (ICP) has emerged as one of the week’s top-performing cryptocurrencies after recording a remarkable price recovery. The token traded at $8.29 on November 7, with daily trading volume surpassing $1.4 billion. Over the past seven days, ICP has surged by more than 184%, lifting its market capitalization to $4.42 billion.

Strong Rebound Above Key Fibonacci Levels

ICP’s bullish momentum accelerated after reclaiming the $5.00 Fibonacci 0.5 retracement, triggering renewed investor interest. The coin has since tested the 0.786–1.0 Fibonacci range between $7.75 and $8.10, where short-term profit-taking…

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