# Internet Computer Gains 14% as Market Watches Key Price Levels

By Enna Lee

Canonical URL: https://www.tokenpost.com/news/investing/30491
Published: 2026-10-12T17:46:51.000Z
Updated: 2026-10-12T17:46:51.000Z
Section: Investing

> Internet Computer rose to about $3.40 on Oct. 12 after a 7.26% four-hour gain the previous day, while technical indicators added to the bullish case.

Internet Computer (ICP) rose 14% over 24 hours to about $3.40 on Oct. 12, placing the token among the day’s strongest-performing cryptocurrencies after recent volatility.

The advance followed recent volatility. Internet Computer climbed 7.26% in four hours to $3.47 on Oct. 11, extending the token’s short-term rebound.

Market forecasts included a potential move above $8 from X user Lucky and a rise beyond $4 from EliZ. Lucky also described ICP as having “definitely one of the loudest and most passionate communities in crypto.”

Technical indicators added to the bullish case. ICP’s relative strength index was just above the level commonly associated with oversold conditions. The RSI measures the speed and size of recent price changes and is often used to identify possible reversal areas.

Exchange netflows also showed more ICP leaving centralized trading platforms than entering them in recent weeks. The pattern is consistent with a shift toward self-custody and potentially lower immediate selling pressure, although it does not establish why individual holders moved their tokens.

ICP’s fourth-quarter history has been mixed. The token finished the fourth quarter lower three out of five times, while its price rose more than 320% in the fourth quarter of 2023.

The latest move leaves traders watching whether the token can hold its recent gains and approach the price levels highlighted in those forecasts.