Internet Computer climbs back to $3 as short-term momentum improves

AI Summary3 min read

TL;DR

Internet Computer (ICP) rose about 3% to reclaim the $3 psychological level, with increased trading activity suggesting renewed engagement. The focus now is on whether $3 can hold as near-term support, which would open room for further tests toward $3.05–$3.10.

Key Takeaways

•ICP gained roughly 3% to trade around $3.01, reclaiming the key $3 psychological threshold.
•The move was accompanied by increased trading activity, indicating renewed market engagement.
•The $3 level has recently acted as both support and resistance, making its current hold crucial.
•A sustained hold above $3 could lead to tests toward $3.05–$3.10, while a slip below would shift focus to $2.95 support.
•ICP's short-term bias remains constructive as long as it stays above $3, with traders watching volume for confirmation.

What to know:

ICP rose about 2.7% to roughly $3.00, reclaiming a closely watched psychological level.
Trading activity increased during the move higher, accompanying the push through resistance near $2.95–$3.00.
Price has since stabilized just above $3, keeping attention on whether the level can hold as near-term support.

ICP rose about 2.7% to roughly $3.00, reclaiming a closely watched psychological level.
Trading activity increased during the move higher, accompanying the push through resistance near $2.95–$3.00.
Price has since stabilized just above $3, keeping attention on whether the level can hold as near-term support.

ICP$2.9994 moved higher over the past 24 hours, gaining roughly 3% to trade around $3.013 after climbing as high as $3.03.

The advance extended a short-term recovery that began from the upper $2.80s, with the price gradually building higher lows before clearing the psychological threshold of $3.00, according to CoinDesk Research's technical analysis data model.

The move through $3.00 was accompanied by an increase in trading activity, suggesting renewed engagement as ICP challenged an area that has recently acted as both support and resistance.

Focus now switches to that level as a near-term support. A sustained hold could open room for further tests toward the $3.05–$3.10 area, where prior selling interest has emerged. Conversely, a slip back below $3 would shift attention to the $2.95 zone, which has recently served as a base during pullbacks.

For now, ICP’s ability to remain above $3 keeps the short-term bias constructive, with traders watching volume and follow-through to gauge whether the move develops into a broader push higher 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. For more information, see CoinDesk's full AI Policy.

KuCoin recorded over $1.25 trillion in total trading volume in 2025, equivalent to an average of roughly $114 billion per month, marking its strongest year on record.
This performance translated into an all-time high share of centralised exchange volume, as KuCoin’s activity expanded faster than aggregate CEX volumes, which slowed during periods of lower market volatility.
Spot and derivatives volumes were evenly split, each exceeding $500 billion for the year, signalling broad-based usage rather than reliance on a single product line.
Altcoins accounted for the majority of trading activity, reinforcing KuCoin’s role as a primary liquidity venue beyond BTC and ETH at a time when majors saw more muted turnover.
Even as overall crypto volumes softened mid-year, KuCoin maintained elevated baseline activity, indicating structurally higher user engagement rather than short-lived volume spikes.

BONK rose about 10.6% to trade near $0.00000833, extending a short-term rebound.
Trading activity increased during the advance, coinciding with a move above $0.00000820.
The price later pulled back, leaving the token in a consolidation range just below $0.00000840.

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