Internet Computer regains $3 level on strengthening short-term momentum

ICP pushed back above the $3 level on rising trading activity, maintaining recent gains as market participants reassess the short-term direction.

The token gained about 3% over the past 24 hours, trading near $3.01 after briefly climbing to around $3.03. The advance extended a short-term recovery from the upper $2.80s, with price action gradually forming higher lows before breaking through the psychologically important $3.00 mark, according to CoinDesk Research’s technical analysis data.

The move above $3.00 was accompanied by an increase in volume, pointing to renewed engagement as ICP challenged a level that has recently served as both support and resistance.

Attention now turns to $3.00 as a near-term support zone. A sustained hold above that level could open the door to further gains toward the $3.05–$3.10 range, where selling pressure has previously emerged. A pullback below $3.00 would instead shift focus back to the $2.95 area, which has acted as a base during recent retracements.

For now, ICP’s ability to remain above $3.00 keeps the short-term bias constructive, with traders monitoring volume and follow-through to determine whether the move develops into a broader push higher or settles into consolidation.

  • Related Posts

    MXR (Moxxer Coin) Launches as a Utility Token Powering the Next Generation of Skill-Based Blockchain Gaming

    MXR (Moxxer Coin) has officially launched as the utility token powering Snake Online, a competitive multiplayer game that merges classic arcade gameplay with modern Web3 technology. Built on the Solana…

    Continue reading
    SharpLink commits $170M in ETH to staking on Linea.

    SharpLink Stakes $170M ETH Into Yield Strategy on Linea Network SharpLink Gaming (SBET) has deployed $170 million in Ethereum (ETH $3,089.74) into a multi-year yield strategy on ConsenSys’ Linea network,…

    Continue reading