rose about 2.2% in the last 24 hours to trade around $3.01, returning to the $3 level after several sessions of consolidation just below that threshold.
The move marks a continuation of the token’s recent rally, with price action showing a consistent series of higher lows, according to CoinDesk Research’s technical analysis data model.
The push above $3 came after ICP held support near the $2.90-$2.95 area, where trading activity resumed. Volume increased during the advance, although it did not reach levels typically associated with strong breakout momentum, suggesting that the move was driven by incremental positioning rather than a change in market conviction.
After briefly surpassing $3, ICP continued to trade near this level, indicating that the area is being tested as potential support. The broader structure remains constructive, although near-term follow-through will likely depend on the token’s ability to stay above the $3 mark.
If ICP maintains its ground above $3, attention could turn to resistance in the $3.05 to $3.10 range. However, a return below $3 would bring attention back to the upper $2.90s, where the latest rebound began.
Disclaimer: Portions of this article were generated with the help of AI tools and reviewed by our editorial team to ensure accuracy and compliance. our standards. For more information, see CoinDesk Comprehensive AI Policy.
