ICP (Internet Computer) rose 20.39% in the last 24 hours.

Gate News Bot news, on November 3, according to CoinMarketCap, as of the time of writing, ICP (Internet Computer) is currently priced at 4.12 USD, with a rise of 20.39% in the last 24 hours, reaching a high of 4.30 USD and a low of 2.80 USD. The 24-hour volume has reached 430 million USD. The current market capitalization is approximately 2.221 billion USD, an increase of 376 million USD compared to yesterday.

Internet Computer is a public world computer platform that allows developers to create applications, websites, and enterprise services. It provides an open technology stack that supports rapid application creation through artificial intelligence chat (such as caffeine.ai), or development through coding (such as icp.ninja). The platform runs on a decentralized network, providing high security and resilience through mathematically secure network protocols, while also supporting multi-chain Web3 functionality integration.

Important news about ICP recently:

1️⃣ ICP price rebounds, breaking through the 2.92 dollar mark On October 31, the ICP price successfully rebounded, breaking through the 2.92 USD mark, reversing the downward trend seen in the middle of the week. This rebound indicates an improvement in market sentiment, with buying power strengthening, laying the groundwork for subsequent rises.

2️⃣ Internet Computer increases investment in artificial intelligence The Internet Computer platform is heavily investing in the field of artificial intelligence in order to stand out in the cryptocurrency market. The platform is actively expanding AI application scenarios to enhance its technological competitiveness, which could become an important factor in attracting investors and developers.

3️⃣ ICP faced a rejection at the resistance level of 3.15 USD On October 30, ICP once touched the resistance level of $3.15 but failed to break through, subsequently falling back to $2.99. This indicates that there is strong selling pressure around $3.15, and if it is to continue rising, more buying support is needed.

From a technical perspective, ICP has currently broken through multiple short-term moving averages, and the MACD indicator shows a golden cross state, indicating strong short-term upward momentum. However, considering the resistance at previous high points, caution is still needed in the future market, focusing on whether it can effectively break through and stabilize.

This message is not intended as investment advice; investors should be aware of market volatility risks.