rose approximately 2.2% over the last 24 hours, trading around $3.01, successfully reclaiming the $3 mark after several sessions of consolidation just below that point.
This movement reflects a persistent recovery for the token, with price actions indicating a steady pattern of higher lows, according to technical analysis data provided by CoinDesk Research.
The surge above $3 occurred after ICP maintained support around the $2.90–$2.95 range, where trading activity intensified. Volume increased during this upward move, though it didn’t reach the substantial levels typically associated with strong breakout momentum, indicating that the shift was likely driven by gradual positioning rather than a significant change in market sentiment.
After briefly exceeding $3, ICP continued to hover around that level, suggesting that this area is being tested as a potential support zone. The overall trend remains positive, but immediate follow-through will likely depend on the token’s capacity to stay above the $3 threshold.
If ICP can sustain its position above $3, market focus may shift toward resistance levels in the $3.05–$3.10 range. Conversely, a drop back below $3 would redirect attention to the upper-$2.90s, where the recent rebound initiated.
Disclaimer: Parts of this article were generated with the assistance of 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.
