Key Takeaways
ICP price prediction stays rangebound between $4.60–$4.95, with a breakout level set at $5.10. Additionally, the altcoin led all AI tokens in GitHub commits.
Internet Computer [ICP] price prediction has become a key topic of discussion as the token continued to trade within a tight range, maintaining prolonged sideways momentum.
The altcoin has been consolidating for weeks, but a recent surge in trader interest raised the question of whether the ICP price is poised to break out of its extended consolidation phase.
ICP tops AI and Big Data development
Not just traders, but the social buzz around the ICP project has also skyrocketed, which appears to be a bullish sign for holders.
In addition to this, according to Santiment, it clocked 431.3 notable GitHub events per day over the past 30 days—far ahead of NEAR (93.03) and Filecoin (69.4).
Source: X (Formerly Twitter)
Naturally, this spike in development signals strong builder conviction—often a leading indicator for price strength.
Backed by growing interest and dev activity, ICP was trading at $4.87 at press time, up 3% in 24 hours, with trading volume climbing 7%, suggesting fresh momentum.
Internet Computer (ICP) price treads water
According to AMBCrypto’s technical analysis, the ICP price prediction suggested that the altcoin may continue its sideways momentum until it breaks above the $5.10 level.
As per the daily chart, ICP traded within a tight consolidation zone between $4.60 and $4.95, indicating a lack of clear directional bias.
Source: TradingView
However, a breakout above $5.10, a well-tested resistance zone, could open up a move toward $5.40 and possibly $6.20, where the 200-day EMA sits as a major technical hurdle.
Having said that, failure to hold $4.60 could drag the price to the $4.30–$4.40 support band seen on historical charts.
Accumulation in progress?
Exchange behavior adds weight to bullish theories. According to spot Inflow/Outflow data, ICP saw $3.62 million in net outflows last week.
Outflows of this size, especially in a consolidation phase, often signal accumulation by long-term holders.
Source: CoinGlass
Meanwhile, in the past 24 hours, traders showed strong interest in long positions.
On CoinGlass’ Liquidation Map, $909.48K in long positions have been stacked around $4.65, with Binance and Bybit accounting for a large chunk of this exposure.
Source: CoinGlass
At the same time, short positions have formed near $4.93, just under the breakout level.
In fact, this tight coil of long and short leverage is a classic precursor to volatility.
Next: How Binance’s 37% Bitcoin volume share could affect BTC prices
