The post Crypto News: Expert Targets $16 in ICP Price Prediction Amidst 214% Breakout appeared com. Internet Computer coin just delivered its biggest move in years, jumping 214% in a single week and snapping a long, painful downtrend. After spending nearly four years grinding lower, the token finally broke out of a massive descending wedge a move that often signals the start of a lasting reversal. Right now, ICP is trading around $9. 64, up from the $2-$3 range where it lingered for most of 2023 and early 2024. That breakout has shattered the bearish pattern that’s dominated the chart since the token’s $700 peak back in 2021. With momentum building and trading volume spiking, the market’s next focus is clear: $16, a key Fibonacci level that marks the first serious resistance on the way up. A clean break above that zone could open the path toward $24.
