Share this article
ICP Rises, Keeping Price Above Key Support Levels
Internet Computer rose, keeping the price above the $3.40 support zone, with early session volume spikes failing to produce a sustained breakout.
Dec 8, 2025, 4:15 p.m.
What to know:
- ICP rose 0.6% to $3.44 as early session volume surged 31% above average before fading.
- Resistance near $3.52–$3.55 rejected multiple breakout attempts, keeping the token range-bound.
- Support between $3.36–$3.40 held firm, maintaining ICP’s short-term higher-low structure.
rose in the last 24 hours, adding 0.6% to $3.44 with trading centered on key technical levels.
ICP traded within a $0.20 intraday band — about 5.7% volatility — reflecting a market still consolidating after last week’s rebound from multiday lows, 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
Momentum peaked during early trading when ICP climbed toward $3.55. A corresponding volume increase to 1.04 million tokens — roughly 31% above the seven-day average — supported the attempt.
From there, the token drifted into a steady sideways pattern, holding between $3.43 and $3.48 as volume tapered. A dip to $3.41 found immediate support, reinforcing the strength of the $3.36–$3.40 accumulation zone that has anchored price across multiple sessions.
Short-term charts show a developing higher-low structure from Monday’s $3.36 pivot, though momentum indicators remained neutral as buying interest cooled into the afternoon. Small accumulation pockets emerged at the $3.46 level between 13:00 and 14:00 UTC, but not enough to challenge overhead resistance.
A decisive break above $3.55 is needed to renew bullish momentum. Until then, ICP remains locked in a broader consolidation pattern where fading volume and repeated rejections signal caution. A failure to hold above $3.40 would shift attention back to $3.30 support, while a breakout above $3.55 could open room toward the $3.60–$3.65 area.
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
What to know:
- As of October 2025, GoPlus has generated $4.7M in total revenue across its product lines. The GoPlus App is the primary revenue driver, contributing $2.5M (approx. 53%), followed by the SafeToken Protocol at $1.7M.
- GoPlus Intelligence's Token Security API averaged 717 million monthly calls year-to-date in 2025 , with a peak of nearly 1 billion calls in February 2025. Total blockchain-level requests, including transaction simulations, averaged an additional 350 million per month.
- Since its January 2025 launch , the $GPS token has registered over $5B in total spot volume and $10B in derivatives volume in 2025. Monthly spot volume peaked in March 2025 at over $1.1B , while derivatives volume peaked the same month at over $4B.
More For You
Dogecoin Holds $0.14 Floor as Network Activity Hits 3-Month High
Rising active addresses and tightening volatility indicate an impending directional move, with $0.16 as a critical breakout threshold.
What to know:
- Dogecoin marked its 12th anniversary, but market reactions were muted, focusing instead on technical patterns and network activity.
- The token consolidated within a tight range, with active buying interest at the lower boundary and potential for a bullish breakout.
- Rising active addresses and tightening volatility indicate an impending directional move, with $0.16 as a critical breakout threshold.
Top Stories
