{"id":131485,"date":"2026-08-11T17:37:30","date_gmt":"2026-08-11T17:37:30","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=131485"},"modified":"2026-08-11T17:37:30","modified_gmt":"2026-08-11T17:37:30","slug":"internet-computer-icp-rebounds-10-weekly-whats-happening-and-whats-next","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=131485","title":{"rendered":"Internet Computer (ICP) Rebounds 10% Weekly: What\u2019s Happening and What\u2019s Next?"},"content":{"rendered":"
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The leading cryptocurrencies, including Bitcoin (BTC) and Ethereum (ETH), experienced substantial volatility over the past week, ultimately posting minor gains.<\/p>\n

ICP \u2013 the utility token of Internet Computer \u2013 outperformed all top 10 digital assets within that period, and some believe it could be gearing up for a much more substantial rally.<\/p>\n

The Next Potential Targets<\/h2>\n

Earlier today (August 11), the asset\u2019s price soared to almost $2.40, the highest level since mid-June. It later retraced to the current $2.28 (per CoinGecko), representing a 10% weekly increase.<\/p>\n

\"ICP<\/a>
ICP Price, Source: CoinGecko<\/figcaption><\/figure>\n

It remains unclear what exactly caused the resurgence. One possible catalyst could be the fact that Internet Computer is close to reaching the massive target of 300 billion processed transactions. According to the X account BSCN, the number has risen<\/a> to roughly 298 billion since launch.<\/p>\n

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\u201cTo give some context, Solana (a network known for its scalability) has generated a cumulative total of 121 billion transactions \u2013 still extremely impressive, but not even close to Internet Computer\u2019s figure,\u201d the entity added.<\/p>\n<\/blockquote>\n

Following the latest revival, crypto X is full of analysts envisioning further gains. Clifton Fx argued<\/a> that ICP is getting ready for a 100-150% \u201cmassive bullish rally,\u201d while CW thinks the asset has reached<\/a> the sell wall zone, which ranges between approximately $2.35 and $2.45. In their view, breaking above would open the door to a rise to $3.<\/p>\n

Crypto With Gopal also chipped in, claiming<\/a> that ICP has printed a falling wedge formation on its price chart. He believes \u201ca clean breakout\u201d above $3.50-$4 could trigger a strong expansion move to as high as $7.<\/p>\n

Still Light-Years From the Record<\/h2>\n

Despite the recent move north, ICP remains nearly 99.7% down from the historic peak of around $700 witnessed in the spring of 2021. Back then, its market capitalization briefly surpassed $18 billion, while as of now the figure stands at less than $1.3 billion. This makes ICP the 56th-biggest cryptocurrency.<\/p>\n

Not long ago, X user Cryptorphic envisioned<\/a> a potential slump to $1.67 if $2.10-$2.12 turns into resistance, whereas Crypto Patel forecasted a possible crash to $0.50 should the psychological level of $2 fail to hold. Given the ongoing bear market, a fall that deep is still on the table, so traders and investors should remain cautious.<\/p>\n

The post Internet Computer (ICP) Rebounds 10% Weekly: What\u2019s Happening and What\u2019s Next?<\/a> appeared first on CryptoPotato<\/a>.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

The leading cryptocurrencies, including Bitcoin (BTC) and Ethereum (ETH), experienced substantial volatility over the past week, ultimately posting minor gains. ICP \u2013 the utility token of Internet Computer \u2013 outperformed all top 10 digital assets within that period, and some believe it could be gearing up for a much more substantial rally. The Next Potential […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-131485","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/131485","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=131485"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/131485\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=131485"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=131485"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=131485"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}