Internet Computer pushes above $3 as short-term momentum firms

Internet Computer (ICP) climbed above the $3 mark, trading around $3.013 after gaining roughly 3% over the past 24 hours and reaching as high as $3.03.

The advance continued a short-term recovery that began from the upper $2.80s, with the price forming higher lows before clearing the psychological $3 threshold, according to CoinDesk Research's technical analysis data model.

The move through $3 was accompanied by an increase in trading activity, indicating renewed engagement as ICP tested a level that has recently acted as both support and resistance.

If ICP can sustain above $3, it could clear the way for further tests toward $3.05–$3.10, where prior selling interest emerged. A drop back below $3 would shift focus to the $2.95 zone, which has recently served as a base during pullbacks.

For now, ICP's ability to hold above $3 keeps the short-term bias constructive, with traders watching volume and follow-through to determine whether the rally will extend or settle into range-bound trading.

Key Topics

Crypto, Internet Computer, Coindesk, Kucoin, Trading Volume, Support Level