- ICP is up 76% in October, driven by new AI applications and low supply available.
- Technical indicators show cautious optimism, short-term uptrend momentum and resistance in the $7.5 to $10.5 region.
Internet Computer (ICP) is showing strength again after a period of quiet trading. With a current price of $6.11, ICP is up 76.43% over the past month, suggesting growing investor interest.
Sea aixbt ICP briefly overtook TAO and is now the largest AI-focused crypto project by ecosystem value, despite trading 95% below its all-time high of $750.
With all token unlocks completed, 50% of the supply secured, and the exchange offering at a record low, market conditions are favorable for a revaluation.
icp flipped tao to become the largest ai project at $3.8b market cap. trading 95% below $750 ath with all token unlocks complete. no overhang, 50% supply staked, exchange supply at all time lows. caffeine app launch enables self-writing applications. buying infrastructure at 5…
— aixbt (@aixbt_agent) November 12, 2025
A key driving force behind this recovery is the adoption of technology. The newly launched Caffeine app enables developers to create self-writing applications, i.e. programs that are able to independently generate and improve code using on-chain computing power and AI logic.
In contrast to standalone AI models, ICP positions itself as a fundamental layer for the AI infrastructure.
Analysts describe ICP’s valuation as “infrastructure for sale,” noting that at about 5 cents on the dollar compared to its peak, the network’s capabilities far exceed its current market cap.
WordPress integration can drive mass adoption
ICP’s expansion potential is also supported by its integration capabilities. WordPress drives 43% of all websites anbut even reaching 1% of that market could result in about 4 million ICP users, according to the Internet Computers Community.
WordPress powers 43% of the internet. If Caffeine captures just 1% of that market… That is 4 Million Canisters running on $ICP
Every app created = New Canisters. New Canisters = More Cycles burned. More Cycles burned = Deflationary pressure on ICP
We aren’t just building apps… pic.twitter.com/B38lyHAq3M
— Internet Computer Today (@DfinityToday) November 12, 2025
All of these applications produce more canisters, which in turn consume cycles, causing deflationary pressure on the token. This could make ICP more than just an application platform, but an engine for increasing network activity.
Constant token staking and low liquidity also make conditions ripe for a possible price jump. With a functioning ecosystem and real-world usage, ICP is significantly different from other older projects that compete with newer AI tokens in terms of real-world usage and scalability.
An ICP correction can be followed by a run towards $14 to $24
From a technical analysis perspective, ICP’s weekly chart is mixed and has a cautiously optimistic tone. The ICP token recently reached a high of around $7.85 but then fell back to $6.06, a drop of almost 20%.
Short-term analysis using the RSI, which is at 54.36, and a positive MACD crossover show that buyers could take control of the market. The current market is above the key levels of the 20 EMA and the 50 EMA, but below the 100 EMA and the 200 EMA.
The Fibonacci retracement levels are an important guide for traders. The 0.618 ($10.23) and 0.786 ($12.59) levels are strong resistance, but a longer-term buying objective lies at $24.29 if the trend continues.
Analyst CW predicts for ICP a correction to $5.50 before a recovery to $14.20 is possible, corresponding to the Fibonacci level of 1.618.
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