The price of Internet Computer Protocol (ICP) continues to rise, with an increase of nearly 20% in just four days. More and more traders are starting to turn their attention to this first-tier project, and some analysts even believe that this may be just the beginning of a larger market.

Internet Computer (ICP) prices have been rising all the way, achieving an increase of about 20% in just four days. As many traders pay more attention to the project, some analysts point out that this may be just the starting point for a larger trend.

Crypto Charts (@cryptokartha) shared an update that sparked market interest in the future trend of ICP. The analyst identified a potential breakthrough pattern in early June and predicted that ICP will double the gains. He said the current chart trend has verified previous expectations.

ICP has successfully left the downward channel and has retested the key resistance levels, which usually means that the price has effectively broken through and completed the retracement confirmation, and is currently in the consolidation stage before the next wave of rises.

He further pointed out that ICP is forming a bullish flag, a common continuation pattern that indicates that the upward trend may continue. Once the price breaks through the flag-shaped boundary upward, analysts believe ICP is expected to double its growth from current levels.

The technical chart it provides shows that after the price breaks through the downward trend line, it completes an effective backtest of the previous resistance level, and forms a stable oscillation consolidation above the area. This pattern is often used by technical traders to judge trend reversals or continuation.

So far, ICP has risen by about 17% due to the breakout. But analysts stressed that there is still room for further upside in the coming months.

Another analyst, Hitman (@HIT_ICP), said that from a macro perspective, Internet Computer is still undervalued.

He believes that even at the $6 price, the value of ICP is still relatively low, saying it is "very cost-effective". His views are based on in-depth analysis of the underlying technology and practical application scenarios of ICP.

He pointed out that buying an ICP is like getting $20,000 worth of assets at an extremely low price. At the same time, he also hinted that a big AI-driven rise may be coming, and with the popularity of AI and blockchain, ICP prices may usher in an explosive rise.

From a technical perspective, ICP has repeatedly gained support and rebounded around $3, building a solid bottom foundation. Whenever the price approaches the area, you can always see a large influx of buying orders. This long-term and repeated accumulation behavior may mean that large funds are quietly deploying, waiting for the time to ripe.

Another voice for ICP is from Kyren (@nobscrypto), who believes many people ignore Internet Computer simply because it doesn't create hot topics like other layer 1 chains.

But from the perspective of actual construction, he believes that this is one of the most complete and advanced platforms in the entire blockchain field.

Kyren added that ICP does not rely on traditional cloud service providers such as AWS or Google Cloud, but rather allows applications to run completely on the chain. This approach reduces security risks, avoids cloud service outages, and provides a truly decentralized future for DApps. This infrastructure has been proven to be highly resilient and self-sustainable.

One of the most eye-catching features of the project is the support for running AI models directly on the chain. ICP developers have deployed the GPT-2 model on the blockchain, demonstrating the possibility of AI and blockchain integration. This also opens the door to applications that can evolve independently and operate transparently.

The platform's security mechanism is also leading. It uses a technology called "chain cryptography" to process keys and transactions in a distributed manner. This enables assets such as CKBTC (Bitcoin version in the ICP ecosystem) to flow smoothly in the system and achieve efficient cross-chain interaction.

In terms of user experience, the project reverses the traditional Gas fee model. The developer bears the calculation cost, while the user can use the DApp for free without paying any handling fees. This design lowers the bar and helps drive more people to use applications built on ICP.

This people-oriented design philosophy may be the key to getting more people into the Web3 world. In addition, Internet Computer has an active ecosystem. Under its ICP.HUBS program, it will regularly hold developer hackathons, education and training activities, and continuously expand the ambassador network.

This continued community development suggests that future development activities will continue to increase, thus bringing higher value to the entire ecosystem and may also drive ICP prices to rise in the future.

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