Internet Computer [ICP] has rallied by a whopping 60% in a week and was up 15.8% in 24 hours at press time. According to Glassnode, the AI sector has stood head and shoulders above others in terms of performance over the said time period.

The sector saw a 26% hike in market capitalization. The second-highest weekly growth was registered by L2 tokens with figures of 13.9%.

In a recent report, AMBCrypto had highlighted the importance of the $3-zone as a cluster of short liquidations around a key psychological level. If $3 is breached and flipped to support, the report claimed that buyers can enter.

In the last 36 hours of trading, this level was flipped to support. This means the range-bound…