Improving short-term momentum lifts Internet Computer back to $3

ICP climbed back above the $3 level on increasing trading activity, holding onto recent gains as traders evaluate the near-term trend.

Over the past 24 hours, the token rose about 3%, trading around $3.01 after briefly reaching highs near $3.03. The move extended a short-term rebound from the upper $2.80s, with price action steadily carving out higher lows before clearing the psychologically important $3.00 threshold, according to CoinDesk Research’s technical analysis data.

The breakout above $3.00 was accompanied by a pickup in volume, signaling renewed market participation as ICP pushed through a level that has recently alternated between acting as support and resistance.

With the $3.00 mark now back in play, attention shifts to whether it can hold as near-term support. A sustained hold could open the door for additional upside toward the $3.05–$3.10 area, where prior selling interest has emerged. A slip back below $3.00 would instead turn focus to the $2.95 zone, which has recently underpinned pullbacks.

For now, ICP’s ability to stay above $3.00 keeps the short-term outlook constructive, with traders watching volume trends and price follow-through to assess whether the move extends higher or gives way to range-bound trading.