ICP reclaimed the $3 level on rising trading activity, holding gains as traders evaluate the token’s near-term trend.
Over the past 24 hours, ICP rose roughly 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 prices gradually forming higher lows before breaking the psychologically significant $3.00 mark, according to CoinDesk Research’s technical analysis.
The surge above $3.00 was supported by an increase in volume, highlighting renewed market participation as the token challenged a level that has recently acted as both support and resistance.
The $3.00 area now serves as key near-term support. Holding above this level could pave the way for further upside toward the $3.05–$3.10 range, where previous selling activity has emerged. A drop back below $3.00 would shift focus to $2.95, which has provided a floor during recent pullbacks.
For now, ICP’s ability to remain above $3.00 keeps the short-term outlook constructive, with traders closely watching volume and follow-through to gauge whether the advance can extend or consolidate into a range.
