Internet Computer (ICP) reclaimed the $3 mark as short-term momentum picked up, according to CoinDesk Research’s technical analysis data model. Over the past 24 hours ICP gained roughly 3%, trading around $3.01 after touching a high of $3.03 — up from the upper $2.80s where a recovery began. The rally has been characterized by a series of higher lows that culminated in a decisive move above the psychological $3.00 level. That breakout came with increased trading activity, signaling renewed market engagement as ICP challenged a zone that has recently acted as both support and resistance. Traders are now watching $3.00 as near-term support. If ICP holds that level, it could clear the way for further tests of the $3.05–$3.10 range, where sellers have previously shown interest. A failure to sustain above $3.00 would shift focus back to the $2.95 area, which has functioned as a base during prior pullbacks. For now, staying above $3 keeps the short-term bias constructive. Market participants will be monitoring volume and follow-through to determine whether this upswing develops into a broader advance or settles into range-bound trading. 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. Read more AI-generated news on: undefined/news