Stellar (XLM), up 1.7%, joined Internet Computer (ICP) as a top performer.
ICP's rejection from just above the $4 level lined up with the higher timeframe bearish swing structure.
Internet Computer price extended its explosive rally this week, climbing nearly 70% over the past seven days as investors increasingly bet on the project's push into decentralized cloud infrastructure and AI-focused blockchain services. According to data from crypto.
Bear market rallies can brainwash participants into thinking the bull market is here again.
The Bitcoin momentum and narrative strength around sectors such as AI has helped ICP post substantial gains recently.
NEAR Protocol (NEAR) joined Internet Computer (ICP) as a top performer, climbing 8.9% from Tuesday.