Internet Computer (ICP) is poised for a potential breakout as it forms a long-term bullish wedge pattern, suggesting a price target of $14. The cryptocurrency has been consolidating since March 2024, with technical indicators showing declining bearish momentum. Recent price movements off the wedge support indicate a possible upward breakout, aligning with the last major pivot high of $14.45. On-chain data supports this bullish outlook, with ICP's total addresses nearing 3.02 million, reflecting steady network adoption. This growth suggests a consistent influx of new users and applications, potentially driving further price increases. Additionally, ICP's tokenomics reveal a controlled supply, with over 65% of daily issuance offset by burns, indicating active network usage and low net inflation. The combination of technical setups, rising network adoption, and disciplined tokenomics positions ICP for potential price growth, with market participants closely watching for a breakout above the upper wedge trendline.