Internet Computer (ICP) gained 7.47% over 24 hours, trading near $2.70 as its daily volume surged 489.69% to $315.7 million. The token’s momentum recovery follows its recent listing on South Korean exchange Upbit, expanding market accessibility. Technical indicators suggest an ongoing recovery from a prolonged decline, with the next potential resistance level noted at $3.21.
Internet Computer (ICP) maintained a bullish trajectory as of Wednesday, March 11. The token advanced by approximately 7.47% over 24 hours, indicating stronger buying pressure.
According to CoinMarketCap data, ICP is trading near $2.70 with a market capitalization of $1.48 billion. Its 24-hour trading volume reached $315.7 million, reflecting a sharp 489.69% daily jump.
A TradingView chart shows a recovery attempt after weeks of steady decline. A strong bullish candle pushed the price toward $2.68, signaling renewed buying pressure and possible short-term trend stabilization.
Bollinger Bands show expanding volatility as the price climbed from the lower band near $2.08 toward the upper band around $2.68. This movement reflects stronger momentum after a consolidation phase.
The Ichimoku setup indicates a pick-up in momentum as the price moves past both the Tenkan and Kijun lines. If the price continues to perform well above $2.60, bulls may aim to reach resistance at $3.21.
Recently, Upbit, the largest crypto exchange in South Korea, listed Internet Computer (ICP) and paired it with KRW, BTC, and USDT. This listing expands ICP’s exposure to the South Korean crypto market.
The Internet Computer protocol, designed by the DFINITY Foundation, focuses on native cloud computing through blockchain technology. Its design enables applications, services, and data to live on the blockchain.
With this Upbit listing, ICP is expanding its presence in South Korea, which could increase liquidity and short-term interest in the token. As more investors participate, a continued push toward the $3.21 resistance level is possible.
