🚀 ICP Price Targets $7.80: Momentum or Mirage?

$ICP is breaking free from its multi-month downtrend, igniting a wave of bullish sentiment. After piercing the stubborn resistance zone at $5.20–$5.40, the token surged to an intraday high of $6.19 - its strongest move in weeks. As of now, ICP trades near $5.79, holding firm despite brief volatility down to $4.74.

If bulls sustain daily closes above $6.10, the next upside target emerges around $7.80, marking a potential +34% extension from current levels. However, any dip below $5.20 could expose lower supports at $4.72 and $4.05, with the ultimate fallback near $3.37.

⚡ Market outlook:

ICP’s breakout mirrors renewed optimism across mid-cap altcoins as traders hunt momentum plays while $BTC stabilizes. Yet, sustainability will hinge on whether on-chain volume confirms this rally or fades into exhaustion.

📈 A decisive close above $6 could be the spark for ICP’s next major leg - but the market will demand proof before crowning a full-scale reversal.

$ICP