January 2, 2026
Internet Computer climbs back to $3 as short-term momentum improves thumbnail
Business

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.”, — write: www.coindesk.com

ICP pushed above the $3 level on rising activity, holding recent gains as traders reassess near-term direction. Jan 2, 2026, 10:04 am

ICP$3.0132 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.

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 towards 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.

More For You

KuCoin Hits Record Market Share as 2025 Volumes Outpace Crypto Market

16:9 Image KuCoin captured a record share of centralized exchange volume in 2025, with more than $1.25tn traded as its volumes grew faster than the broader crypto market.

What to know:

  • KuCoin recorded over $1.25 trillion in total trading volume in 2025equivalent to an average of roughly $114 billion per monthmarking its strongest year on record.
  • This performance translated into an all-time high share of centralized exchange volumeas KuCoin’s activity expanded faster than aggregate CEX volumeswhich slowed during periods of lower market volatility.
  • Spot and derivatives volumes were evenly spliteach exceeding $500 billion for the year, signaling broad-based usage rather than reliance on a single product line.
  • Altcoins accounted for the majority of trading activityreinforcing 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 activityindicating 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

BONK-USD, Jan 2 (CoinDesk)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

Related posts

Grayscale files for first US Bittensor ETP as decentralized AI gains momentum

unian ua

Coinbase’s Base faces builder backlash over creator coin push

unian ua

Energy autonomy: SPP Development’s path to providing hospitals with electricity

unian ua

Leave a Comment

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Accept Read More