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Internet Computer token surges 12% to near $3: why did ICP price spike?

  • Internet Computer price jumped 12% to near $3 during Asian trading hours.
  • The ICP token hit the intraday highs amid news of listing support by Upbit.
  • If ICP breaks above $3, it could retest highs of $4.55.

The Internet Computer Protocol (ICP) token rose sharply early Wednesday, trading to $2.94 amid a two-fold spike in daily trading volume.

While the uptick comes amid a slight resurgence in broader cryptocurrency market volatility, what else might have catalysed ICP’s gains?

As of writing on March 11, 2026, the token’s price hovered around $2.76, and the key question is whether bulls can extend the upward move.

Why did the ICP price spike?

The gains for the Internet Computer token mirror those of the Artificial Superintelligence Alliance and Render tokens, both of which traded higher amid fresh AI sentiment.

Bitcoin’s tick up to near $71k also looks to have buoyed altcoins.

However, one specific reason the ICP price is up today could be news that Upbit, South Korea’s largest crypto exchange, will list ICP for spot trading.

The announcement on Mar 11 revealed pairs against the Korean won (KRW), Bitcoin (BTC), and Tether (USDT).

As with other such listings, Upbit’s move could open ICP to millions of new users.

Notably, support on Upbit significantly enhances liquidity and trading volume for ICP, with the exchange boasting a dominant market share in one of the world’s most active crypto regions.

The Internet Computer Protocol aims to provide native cloud computing capabilities that could replace traditional cloud services and IT infrastructure, positioning ICP as a foundational blockchain for Web3 applications.

Analysts anticipate this listing will catalyze further adoption, particularly as South Korean retail investors flock to innovative layer-1 projects amid rising interest in AI and decentralized tech.

ICP price analysis

ICP’s climb to near $2.90 follows a period of consolidation that saw prices fluctuate between $2.30 and $2.60.

The sharp rise on Wednesday allowed buyers to breach the resistance, with data indicating bulls did it on elevated trading volumes. Could ICP prices go higher?

From a technical perspective, the daily chart paints a potential short-term bullish picture.

The daily RSI has gained but is still below the overbought territory, while the MACD is signalling upside momentum with an expanding histogram.

Bulls have also pushed above the 50-day moving average (currently at $2.60).

ICP Price Chart
ICP price chart by TradingView

If upside momentum holds, a breach and successful retest of $3.00 could pave the way for gains to the 200-day moving average at $3.73.

A key support-turned-resistance zone hovers around $4.55.

However, market sentiment remains cautious as the Fear & Greed Index metric lingers in the “fear” territory.

As such, the positive trajectory for ICP holders could yet flip negative.

If prices fall below $2.50, the immediate demand reload zones could be $2.35 and then $2.20.

The post Internet Computer token surges 12% to near $3: why did ICP price spike? appeared first on CoinJournal.

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XRP hits bottom as setup mirrors a move that preceded the 2017 rally

  • XRP may have completed a long correction and formed a market bottom.
  • Analysts say the current setup mirrors the pattern before the 2017 rally.
  • A Wave-5 breakout could drive XRP toward the $5.85 target.

XRP has spent the past several months moving through a slow and frustrating consolidation phase that many traders now believe may represent the final stage of its correction.

The digital asset is currently trading around $1.38 after a period of mixed performance that has seen short bursts of strength followed by pullbacks.

This kind of sideways movement often appears near the end of a market correction, which is why some analysts are beginning to argue that XRP may already be forming a long-term bottom.

The argument is based on a technical structure that looks strikingly similar to the pattern that developed before XRP’s historic rally in 2017.

Back then, the token spent months drifting through a quiet accumulation phase while the broader market paid little attention to it.

When the breakout finally arrived, the price accelerated rapidly and caught much of the market off guard.

Today, analysts believe the same type of structure may be forming once again.

Several technical charts show XRP completing a large corrective pattern that has been unfolding for months.

According to this view, the correction appears to have finished its final wave, which often marks the point where a new bullish cycle begins.

If the structure continues to play out as expected, XRP could now be entering the early stage of its next major upward move.

This possibility has renewed interest among traders who remember how quickly XRP moved once momentum returned during the previous cycle.

Analysts point to a potential Wave-5 breakout

Furthermore, a number of market analysts have turned to Elliott Wave theory to explain why they believe XRP may be close to a turning point.

Under this model, markets move through a series of impulsive waves followed by corrective phases that prepare the ground for the next advance.

Some analysts, like Dark Defender, believe XRP has just completed an extended corrective structure that lasted several months.

That correction appears to have formed an ABC pattern, which is often seen near the end of a downward phase.

With that structure now appearing complete, analysts say the market may be entering the final upward wave of the cycle.

This final stage is known as Wave 5 and is typically associated with strong bullish momentum.

One widely discussed projection places the next major price objective near $5.85 if the breakout develops as expected.

Reaching that level would represent a substantial recovery from current prices and would mark one of the strongest rallies XRP has seen in years.

However, analysts also emphasise that the move will likely unfold in stages rather than in a straight line.

Several resistance zones remain along the path, including levels near $1.88, $2.35, and just above the $3 mark.

Each of these areas could slow the advance as traders take profits and the market absorbs new buying pressure.

Still, clearing those barriers could open the door for a much larger move.

Long-term projections stretch far beyond the first targets

While the $5.85 level has attracted attention in the short term, some analysts believe XRP’s potential upside could extend much further.

A more aggressive interpretation of the current wave structure suggests the asset could eventually climb toward the $8 to $14 range during the next phase of the cycle.

In the most optimistic scenario, the final leg of the rally could even approach the $20 region if market conditions remain supportive.

These projections remain speculative, but they reflect growing confidence that the current structure may be setting up a larger trend reversal.

The post XRP hits bottom as setup mirrors a move that preceded the 2017 rally appeared first on CoinJournal.

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Jupiter (JUP) price bounces amid key Chainlink integration: is $0.30 next?

  • Jupiter (JUP) price hovered near $0.17 amid a 6% intraday gain.
  • The bounce coincided with Bitcoin’s spike to above $70,000.
  • The move was also supported by a key Chainlink integration.

JUP, the governance token of Jupiter, has bounced off recent lows as top cryptocurrencies record intraday gains.

The DEX protocol’s token traded around $0.17 on Tuesday, with 24-hour gains of nearly 6% pushing it above a key support level.

Jupiter Exchange taps Chainlink for prediction markets

JUP’s uptick coincided with the DEX platform’s strategic adoption of Chainlink technology to power its newly launched prediction markets.

Jupiter Exchange, recognised as the largest DEX aggregator on the Solana blockchain, has integrated Chainlink’s advanced oracle solutions to underpin its innovative prediction markets.

These markets, now live with 5-minute and 15-minute settlement options, cover major assets including Bitcoin (BTC), Ethereum (ETH), and Solana (SOL).

By leveraging Chainlink Data Streams, Jupiter ensures sub-second price feeds directly from premium exchange sources.

It minimises latency and mitigates risks like front-running or oracle manipulation that plague traditional DeFi platforms.

Jupiter users can now speculate on short-term price movements with heightened accuracy.

Market participants view this integration as a catalyst for increased trading volume, with Chainlink’s secure, low-latency oracles enhancing user confidence.

The move could attract liquidity providers seeking reliable settlement mechanisms and help shine a spotlight on Jupiter’s potential and thus on JUP.

It’s only in many Jupiter milestones that have seen the exchange token become a top 100 cryptocurrency by market capitalisation.

Jupiter price analysis

The JUP token has navigated a downward channel since plummeting from above $0.70 in April 2025.

A broader weakness across crypto means that at the current price, the token’s value is down by more than 60% over the past year.

Despite this bearish outlook, the token has bounced decisively from the channel’s lower boundary.

Bulls are looking to stabilise above $0.17, and a flip in sentiment could catalyse further gains amid a breakout scenario.

Technical indicators on the daily chart highlight this picture.

Jupiter JUP Price Chart
Jupiter price chart by TradingView

As can be seen above, the Relative Strength Index (RSI) has recovered from oversold conditions and hovers above the neutral line.

The indicator boasts a bullish divergence and signals a potential strengthening of the upward momentum.

However, the MACD suggests a bearish reversal.

If buyers hold the sway, more gains could push prices towards the immediate overhead resistance zone around $0.20–$0.22.

A breakout could see bulls test the supply wall around $0.30.

However, a rejection at current levels risks a retest of $0.15.

The support level might act as a demand reload zone and result in fresh consolidation before another bullish move.

If not, the price could drop to $0.100.

The post Jupiter (JUP) price bounces amid key Chainlink integration: is $0.30 next? appeared first on CoinJournal.

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Polkadot price outlook: bulls test key resistance near $1.50

  • Polkadot price fluctuated in a tight range near $1.50 on Tuesday.
  • Bulls could push to above $1.67 ahead of DOT emissions cut.
  • Sell-off pressure amid prevailing market conditions might derail this setup.

Polkadot is trading near $1.50 as bulls position amid a potential breakout, with eyes on the upcoming upgrade and overhaul of DOT’s tokenomics.

The cryptocurrency’s price is also off lows of $1.40 reached earlier in the week as investors ponder a potential boost to DOT from fresh institutional interest.

Bulls recently celebrated the launch of the first US spot Polkadot ETF.

DOT, ranked 33rd with a market capitalization of $2.54 billion, is bidding to extend gains amid overall upward movement for Bitcoin and top altcoins.

Polkadot (DOT) holds near $1.50 as upgrade nears

Polkadot’s price shows an intraday range of $1.49-1.54 in early trading during the US session on March 10.

The gains see buyers bid for a retest of recent highs, while holding the critical $1.50 level.

The backdrop to this price action is a scheduled reset of Polkadot’s tokenomics.

A new monetary framework will roll out on March 12, and analysts say anticipation could catalyze fresh momentum for DOT.

The uptick this past week coincided with notable buying as traders positioned ahead of the event.

Specifically, Polkadot’s tokenomics reset will involve the introduction of a 2.1 billion hard cap on DOT supply.

The upgrade targets a 53.6% cut in emissions as well as staking.

ETF buzz has also engulfed Polkadot over the past few days.

This follows the debut of 21Shares’ spot Polkadot ETF, the first US spot DOT ETF that went live on Nasdaq under the ticker TDOT.

The physically backed fund, seeded with $11 million, could strengthen the asset’s appeal as a longer‑term allocation within diversified crypto portfolios.

Polkadot technical analysis

From a technical perspective, DOT’s immediate focus is on converting the $1.50-$1.55 region from resistance into support.

Bulls are eyeing three consecutive green candles on the daily chart and look to have stemmed the downtrend from highs of $1.75 posted in late February.

RSI is neutral near 50, and an upturn could see buyers accelerate gains.

However, after a choppy start to the year, trading around this level means bulls may not be out of the woods yet.

Polkadot Price Chart
Polkadot price chart by TradingView

The token may thus trade sideways as consolidation picks pace.

For a breakout, DOT has to achieve an emphatic daily close above $1.55.

A successful breach of resistance at $1.67 amid a bullish retest could trigger follow-through buying.

If this happens, it could open the door to a short-term test of recent local highs around $2.30.

Conversely, failure to hold $1.50 will keep DOT confined within its descending channel. Major support lies around $1.22.

The post Polkadot price outlook: bulls test key resistance near $1.50 appeared first on CoinJournal.

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Chainlink price technical analysis: LINK strengthens breakout setup

  • Chainlink trades above $9 and could see a breakout amid a bullish technical setup.
  • Market conditions and overall weakness may allow bears to eye support near $8.
  • If bulls take control, LINK could rally towards past year highs.

Chainlink price rose slightly on Tuesday as the latest gains pushed Bitcoin to above $70,000 and altcoins showed strength amid easing investor jitters around the Iran war.

While LINK price remains in a downtrend amid the crypto market’s overall sentiment, bulls are holding steady above $9 and could extend upwards as a key technical setup strengthens.

At the time of writing, LINK’s price hovered around $9.13, up 3.4% in the past 24 hours and 6% in the past week as buyers pushed prices off lows of $8.40 reached on Monday, March 9.

Notably, Chainlink is edging higher amid an 8% increase in daily trading volume.

LINK price today

Chainlink’s latest price movement indicates resilience despite overall uncertainty around macro and geopolitical headwinds.

However, the gains to intraday highs of $9.16 means bulls have a slight cushion after Monday’s dip.

Daily volume stands at over $721 million.

A notable aspect of LINK price over the past month or so is the resilience shown through inflows into spot exchange-traded fund products.

According to SoSoValue data, Chainlink spot ETFs saw inflows of $2 million on March 9, up from $935k on March 6 and $1.93 million a day earlier.

Cumulative inflows totaled $92.66 million, suggesting investor conviction. Prices may rebound hard amid further ETF action.

Chainlink price technical forecast

The daily chart shows Chainlink price poised near the upper boundary of a long-term descending channel.

Bulls’ gains in the past week have also pushed the token into a tightening consolidation pattern marked by a downtrend line from the highs of $27 hit in August 2025.

As the chart shows, LINK has traded within a tight range between $7.84 and $9.55 since bouncing from the lows on February 5.

The $8.10 level has acted as a key support level during this time.

However, more importantly, LINK is near the resistance mark of both the parallel channel and the downtrend line.

Chainlink Price Chart
Chainlink price chart by TradingView

While LINK price remains confined within the bearish structure, a breakout is likely to catapult prices to an initial supply zone around $12.

Buyers may also fancy a short-term push to highs of $14, another support-turned-resistance level from November and December 2025.

If a stronger uptick across crypto materializes, $19.85 would provide the next hurdle before bulls likely retest $27.

On the downside, bears could have fresh momentum at the $8.32–$8.50 zone.

But if bulls manage to hold above this area, LINK’s breakout structure will remain.

The post Chainlink price technical analysis: LINK strengthens breakout setup appeared first on CoinJournal.