{"id":7393,"date":"2026-03-11T11:10:39","date_gmt":"2026-03-11T11:10:39","guid":{"rendered":"https:\/\/cryptonews.uk.com\/?p=7393"},"modified":"2026-03-11T11:10:39","modified_gmt":"2026-03-11T11:10:39","slug":"internet-computer-token-surges-12-to-near-3-why-did-icp-price-spike","status":"publish","type":"post","link":"https:\/\/cryptonews.uk.com\/?p=7393","title":{"rendered":"Internet Computer token surges 12% to near $3: why did ICP price spike?"},"content":{"rendered":"

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  • Internet Computer price jumped 12% to near $3 during Asian trading hours.<\/li>\n
  • The ICP token hit the intraday highs amid news of listing support by Upbit.<\/li>\n
  • If ICP breaks above $3, it could retest highs of $4.55.<\/li>\n<\/ul>\n

    The Internet Computer Protocol (ICP) token rose sharply early Wednesday, trading to $2.94 amid a two-fold spike in daily trading volume.<\/p>\n

    While the uptick comes amid a slight resurgence in broader cryptocurrency market volatility, what else might have catalysed ICP\u2019s gains?<\/p>\n

    As of writing on March 11, 2026, the token\u2019s price hovered around $2.76, and the key question is whether bulls can extend the upward move.<\/p>\n

    Why did the ICP price spike?<\/h2>\n

    The gains for the Internet Computer token mirror those of the Artificial Superintelligence Alliance and Render tokens, both of which traded higher amid fresh AI sentiment.<\/p>\n

    Bitcoin\u2019s tick up to near $71k also looks to have buoyed altcoins.<\/p>\n

    However, one specific reason the ICP price is up today could be news that Upbit, South Korea\u2019s largest crypto exchange, will list ICP for spot trading.<\/p>\n

    The announcement on Mar 11 revealed pairs against the Korean won (KRW), Bitcoin (BTC), and Tether (USDT).<\/p>\n

    As with other such listings, Upbit\u2019s move could open ICP to millions of new users.<\/p>\n

    Notably, support on Upbit significantly enhances liquidity and trading volume for ICP, with the exchange boasting a dominant market share in one of the world\u2019s most active crypto regions.<\/p>\n

    The Internet Computer Protocol aims to provide native cloud computing capabilities that could replace traditional cloud services and IT infrastructure, positioning ICP as a foundational blockchain for Web3 applications.<\/p>\n

    Analysts anticipate this listing will catalyze further adoption, particularly as South Korean retail investors flock to innovative layer-1 projects amid rising interest in AI and decentralized tech.<\/p>\n

    ICP price analysis<\/h2>\n

    ICP\u2019s climb to near $2.90 follows a period of consolidation that saw prices fluctuate between $2.30 and $2.60.<\/p>\n

    The sharp rise on Wednesday allowed buyers to breach the resistance, with data indicating bulls did it on elevated trading volumes. Could ICP prices go higher?<\/p>\n

    From a technical perspective, the daily chart paints a potential short-term bullish picture.<\/p>\n

    The daily RSI has gained but is still below the overbought territory, while the MACD is signalling upside momentum with an expanding histogram.<\/p>\n

    Bulls have also pushed above the 50-day moving average (currently at $2.60).<\/p>\n

    \"ICP
    ICP price chart by TradingView<\/figcaption><\/figure>\n

    If upside momentum holds, a breach and successful retest of $3.00 could pave the way for gains to the 200-day moving average at $3.73.<\/p>\n

    A key support-turned-resistance zone hovers around $4.55.<\/p>\n

    However, market sentiment remains cautious as the Fear & Greed Index metric lingers in the \u201cfear\u201d territory.<\/p>\n

    As such, the positive trajectory for ICP holders could yet flip negative.<\/p>\n

    If prices fall below $2.50, the immediate demand reload zones could be $2.35 and then $2.20.<\/p>\n

    \n
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    Markets#Internet #Computer #token #surges #ICP #price #spike1773227439<\/p>\n","protected":false},"excerpt":{"rendered":"

    Internet Computer price jumped 12% to near $3 during Asian trading hours. The ICP token hit the intraday highs amid news of listing support by Upbit. If ICP breaks above $3, it could retest highs of $4.55. The Internet Computer Protocol (ICP) token rose sharply early Wednesday, trading to $2.94 amid a two-fold spike in<\/p>\n","protected":false},"author":1,"featured_media":7394,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[9],"tags":[],"class_list":{"0":"post-7393","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-eurozone"},"yoast_head":"\nInternet Computer token surges 12% to near $3: why did ICP price spike? - Crypto News: Latest Cryptocurrency News and Analysis<\/title>\n<meta name=\"description\" content=\"Internet Computer price jumped more than 12% to highs of $2.94, with gains coming amid a new ICP listing on Upbit\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/cryptonews.uk.com\/?p=7393\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Internet Computer token surges 12% to near $3: why did ICP price spike?\" \/>\n<meta property=\"og:description\" content=\"Internet Computer price jumped more than 12% to highs of $2.94, with gains coming amid a new ICP listing on Upbit\" \/>\n<meta property=\"og:url\" content=\"https:\/\/cryptonews.uk.com\/?p=7393\" \/>\n<meta property=\"og:site_name\" content=\"Crypto News: Latest Cryptocurrency News and Analysis\" \/>\n<meta property=\"article:published_time\" content=\"2026-03-11T11:10:39+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/cryptonews.uk.com\/wp-content\/uploads\/2026\/03\/icp-token.png\" \/>\n\t<meta property=\"og:image:width\" content=\"1536\" \/>\n\t<meta property=\"og:image:height\" content=\"1024\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"author\" content=\"\u884c\u653f\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"\u884c\u653f\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/cryptonews.uk.com\/?p=7393\",\"url\":\"https:\/\/cryptonews.uk.com\/?p=7393\",\"name\":\"Internet Computer token surges 12% to near $3: why did ICP price spike? 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