Internet Computer, Kaspa, Terra Classic Prices Reach Key Levels as Buyers Test Resistance
The price of Internet Computer (ICP) has been on a strong rally after recovering from the $2.00 area, showing a clear bullish structure with higher highs and higher lows throughout its latest advance.
Price climbed above its major moving averages, strengthening the broader recovery signal, and closed near $3.03 on September 7 after reaching approximately $3.08, which now represents the first major test for buyers.
A decisive move above $3.08 could strengthen momentum toward the $3.20 psychological target, but the rally also shows signs of short-term overheating with Bollinger Band %B at 1.17, placing price above the upper band.
Kaspa (KAS) has also entered a strong breakout phase after leaving its $0.0250-$0.0280 consolidation range and pushing above its 20, 50, 100, and 200-day EMAs.