ICP Reclaims $3 Amid Gradual Recovery From Recent Lows

According to CoinDesk Research, ICP rose above $3 after holding support near $2.90–$2.95, signaling cautious buying and testing former resistance as potential support.

ICP

Summary

ICP gained about 2.2% over the past 24 hours to trade around $3.01, extending a short-term rebound from recent lows. The move followed support holding near $2.90–$2.95, with trading volume rising modestly, indicative of gradual positioning rather than strong breakout momentum. CoinDesk Research’s analysis notes that the $3 level, a former resistance point, now serves as a key area to gauge near-term direction. Sustained trading above this threshold may open the way to resistance at $3.05–$3.10, while a drop back below $3 could refocus attention on the upper-$2.90 zone. Separately, GoPlus reported $4.7M in 2025 revenue, led by the GoPlus App, and high transaction activity for its Token Security API and $GPS token.

Terms & Concepts
  • Resistance Level: A price point on a chart where upward movement is expected to face selling pressure, making further gains harder to achieve.
  • Token Security API: An application programming interface that provides blockchain security data, such as detecting risky tokens or transactions.
  • Derivatives Volume: The total trading quantity of derivative contracts like futures or options based on an underlying crypto asset.