The post Internet Computer (ICP) Breaks Above $5.60 as Bullish Exchange Listing Momentum Builds appeared on BitcoinEthereumNews.com.

Tony Kim
Aug 09, 2025 07:54

ICP price surges 4.53% to $5.61 following Bullish exchange listing, with technical indicators showing growing momentum despite recent volatility around key support levels.

Quick Take • ICP currently trading at $5.61 (+4.53% in 24h) • Internet Computer’s RSI at 56.23 indicates neutral-to-bullish momentum • Bullish exchange listing on August 7th providing positive catalyst What’s Driving Internet Computer Price Today? The ICP price rally today appears directly tied to the recent listing announcement on Bullish exchange, which occurred on August 7, 2025. This major exchange addition has provided fresh buying pressure, helping Internet Computer recover from the 2.4% decline experienced on August 6th when the token briefly touched intraday lows of $4.97. The current momentum also builds on the positive sentiment from August 4th’s AI integration announcement, which initially drove Internet Computer 3.16% higher to $5.22. This artificial intelligence integration, designed to enhance decentralized applications on the Internet Computer network, continues to support the underlying bullish narrative despite mid-week volatility. The 24-hour trading volume of $10,015,987 on Binance spot market indicates healthy liquidity, with the ICP price maintaining its position above the critical $5.00 psychological level that served as strong support during recent weakness. ICP Technical Analysis: Bullish Signals Emerge Internet Computer technical analysis reveals several encouraging developments. The ICP RSI reading of 56.23 positions the token in neutral territory with room for further upside before reaching overbought conditions. This suggests sustainable momentum rather than an overextended rally. The MACD histogram showing a positive 0.0036 reading indicates bullish momentum is building for Internet Computer, even though the main MACD line remains slightly negative at -0.0205. This divergence often signals an impending trend reversal. Internet Computer’s position within the Bollinger Bands shows promise, with the current price at…

---

Filed under: News - @ August 10, 2025 4:23 am