Share
Share this article
Copy linkX (Twitter)LinkedInFacebookEmail
Markets
Share
Share this article
Copy linkX (Twitter)LinkedInFacebookEmail
Internet Computer climbs back to $3 as short
Markets
Share
Share this article
Copy linkX (Twitter)LinkedInFacebookEmail
Internet Computer climbs back to $3 as short
Internet Computer climbs back to $3 as short-term momentum improves
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$3.0077 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
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 InsightsTechnical AnalysisICP
More For You
KuCoin Hits Record Market Share as 2025 Volumes Outpace Crypto Market
Commissioned byKuCoin
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
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.
Read full story
Latest Crypto News
BONK jumps more than 10% in 24 hours as momentum pushes price higher
Bitcoin ETFs lose record $4.57 billion in two months
Bitcoin's squeeze sets stage for major price swing
Cardano's ADA pops 7%, bitcoin, ether show steady gains as traders enter 2026
Tether adds nearly $800 million in bitcoin, bringing holdings above 96,000 BTC
Dogecoin surges 7% as a double-bottom break sparks DOGE rally
Top Stories
Tether adds nearly $800 million in bitcoin, bringing holdings above 96,000 BTC
December FOMC minutes show the Fed is worried short-term funding could seize up
Bitcoin's squeeze sets stage for major price swing
Trump Media to distribute new digital tokens to DJT shareholders
Coinbase’s Base faces builder backlash over creator coin push
Bitcoin got stuck after slumping 30% from its peak. Here's why.
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.
You May Also Like
A Netflix ‘KPop Demon Hunters’ Short Film Has Been Rated For Release
The post A Netflix ‘KPop Demon Hunters’ Short Film Has Been Rated For Release appeared on BitcoinEthereumNews.com. KPop Demon Hunters Netflix Everyone has wondered what may be the next step for KPop Demon Hunters as an IP, given its record-breaking success on Netflix. Now, the answer may be something exactly no one predicted. According to a new filing with the MPA, something called Debut: A KPop Demon Hunters Story has been rated PG by the ratings body. It’s listed alongside some other films, and this is obviously something that has not been publicly announced. A short film could be well, very short, a few minutes, and likely no more than ten. Even that might be pushing it. Using say, Pixar shorts as a reference, most are between 4 and 8 minutes. The original movie is an hour and 36 minutes. The “Debut” in the title indicates some sort of flashback, perhaps to when HUNTR/X first arrived on the scene before they blew up. Previously, director Maggie Kang has commented about how there were more backstory components that were supposed to be in the film that were cut, but hinted those could be explored in a sequel. But perhaps some may be put into a short here. I very much doubt those scenes were fully produced and simply cut, but perhaps they were finished up for this short film here. When would Debut: KPop Demon Hunters theoretically arrive? I’m not sure the other films on the list are much help. Dead of Winter is out in less than two weeks. Mother Mary does not have a release date. Ne Zha 2 came out earlier this year. I’ve only seen news stories saying The Perfect Gamble was supposed to come out in Q1 2025, but I’ve seen no evidence that it actually has. KPop Demon Hunters Netflix It could be sooner rather than later as Netflix looks to capitalize…
Share
BitcoinEthereumNews2025/09/18 02:23
Why Some Traders Say Bitcoin’s 21 Million Cap Is Being Diluted Off-Chain
The post Why Some Traders Say Bitcoin’s 21 Million Cap Is Being Diluted Off-Chain appeared on BitcoinEthereumNews.com. Several X accounts have reignited a long-
Share
BitcoinEthereumNews2026/02/08 01:37
Gold continues to hit new highs. How to invest in gold in the crypto market?
As Bitcoin encounters a "value winter", real-world gold is recasting the iron curtain of value on the blockchain.
Share
PANews2025/04/14 17:12