ICP Surges 35% Monthly as Analysts Eye $10 Target
Internet Computer (ICP)
Editor:
Eugene Serbin
Cryptocurrency.com.tr reports that Internet Computer (ICP) has surged by double digits over the past 30 days, exceeding $3.30 on Monday and Tuesday. Despite this revival, the asset remains far below its all-time high, though observers believe this could mark the start of a major rally. X user CW noted that ICP continues to show accumulation signals, claiming a pattern preceding previous gains is repeating.
CW stated, “The next phase following this accumulation will be an upward move.” The analyst suggested ICP has reached a specific buy wall zone with a high probability of rebounding from current levels. JAVON MARKS and Nehal also discussed the altcoin, with the former highlighting consistent strength as valuation broke out of a key Falling Wedge pattern. MARKS argued that this pattern suggests an over 208% move back to the $10 areas. He added that prices could even extend much higher than that target.
How the market reacted
Whalio's own Binance spot order flow for ICP, measured when this story was written up on 29 September 2026. Not the outlet's figures.
Whalio’s Binance spot data shows ICP trading at $3.14 with a 1-hour buy ratio of 59.2% and a 4-hour buy ratio of 53.4%. These short-term figures indicate stronger buying pressure compared to the 24-hour buy ratio of 48.2%, suggesting accumulation is accelerating in the immediate term. Volume delta reflects this shift, showing positive inflows of +$394,171 in the last hour and +$477,717 over four hours. However, the 24-hour volume delta remains negative at -$502,543, indicating that net selling pressure has dominated the full day despite recent buying. The cumulative volume delta for the 24-hour period closed at +$178,293, with net buying occurring in 14 out of 24 hours. Spot volume for the period reached $13,291,102 across 107,232 trades.
The latest daily buy ratio of 47.1% sits at the 17th percentile of the last 323 days, against a median of 49.2% - weaker buying than most days.
Was that an ordinary day?
The same Binance spot measurements for ICP, averaged over the days leading up to the story.
Over the preceding week, the average buy ratio was 50.4%, with the latest day showing a 2.2-point decrease relative to that average. Volume was 1.03 times the weekly average, while net buying occurred on only 5 of the 7 days. The price change over eight days was +3.4%, with a total volume delta of -$377,162. Compared to the 24-hour negative delta of -$502,543, the weekly negative delta of -$377,162 indicates a slightly less intense net selling environment over the longer timeframe. This suggests the recent hourly buying surge is a notable deviation from the broader weekly trend of net outflows.