Internet Computer reclaims $3 as short-term momentum strengthens

Internet Computer (ICP) pushed back above the $3 level on rising activity, extending a short-term recovery that began in the upper $2.80s.

ICP moved higher over the past 24 hours, gaining roughly 3%, trading around $3.013 after climbing as high as $3.03. The price built higher lows before clearing the psychological $3.00 threshold, according to CoinDesk Research's technical model.

The break through $3.00 was accompanied by increased trading activity, suggesting renewed engagement. If ICP holds above $3, traders say it could test the $3.05–$3.10 area, where prior selling emerged. A slip back below $3 would put focus on the $2.95 zone, which has recently acted as a base on pullbacks.

For now, remaining above $3 keeps the short-term bias constructive, with market participants watching volume and follow-through to see whether the move becomes a broader advance or settles into range-bound trading.

Disclaimer: Parts of this article were generated with the assistance from AI tools and reviewed by our editorial team to ensure accuracy and adherence to our standards.

Key Topics

Crypto, Icp, Price, Technical-analysis, Trading-volume, Support-resistance