Icp reclaimed the psychological $3 level with increased trading activity, suggesting renewed engagement. holding this level as support could pave the way for further gains.
The analysis comes from coindesk, a reputable source, and is based on observable technical indicators like price action, volume, and support/resistance levels.
Icp's ability to hold above $3 after breaking through resistance and establishing higher lows indicates a constructive short-term bias. further tests towards $3.05-$3.10 are possible if the level holds.
The article explicitly focuses on 'short-term momentum,' 'near-term direction,' and the establishment of '$3 as a near-term support' for traders.
Markets Share Share this article Copy link X icon X (Twitter) LinkedIn Facebook Email Internet Computer climbs back to $3 as short-term momentum improves ICP pushed above the $3 level on rising activity, holding recent gains as traders reassess near-term direction. By Jamie Crawley , CD Analytics | Edited by Sheldon Reback Jan 2, 2026, 10:04 a.m. 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 $ 3.0110 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. STORY CONTINUES BELOW Don't miss another story. Subscribe to the Crypto Daybook Americas Newsletter today . See all newsletters Sign me up By signing up, you will receive emails about CoinDesk products and you agree to our terms of use and privacy policy . 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 . AI Market Insights Technical Analysis ICP More For You KuCoin Hits Record Market Share as 2025 Volumes Outpace Crypto Market By CoinDesk Research Dec 22, 2025 Commissioned by KuCoin KuCoin captured a record share of centralised exchange volume in 2025, with more than $1.25tn traded as its volumes grew faster than the wider crypto market. What to know : 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. View Full Report More For You BONK jumps more than 10% in 24 hours as momentum pushes price higher By Jamie Crawley , CD Analytics | Edited by Sheldon Reback 1 hour ago The Solana-based token passed through a key technical level before easing back into consolidation. What to know : 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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Dec 31, 2025 In this article ICP ICP $ 3.0110 ◢ 5.60 %