ICP Clears Key Technical Barrier as Breakout Volume Confirms Upward Momentum

ICP advanced steadily across the last 24 hours, rising to $4.1625 as the token successfully broke above the $4.20 resistance region.

The move marked one of the stronger recent days, supported by a well-defined sequence of higher lows and a clear test of overhead technical levels, according to CoinDesk Research’s technical analysis data model.

Volume expanded meaningfully during the breakout, reaching 2.98 million tokens, roughly 45% above the short-term average. The push through $4.20 triggered a session-high move to $4.31, creating a $0.38 intraday range and showcasing roughly 9% volatility as ICP trended upward through the early and mid-session hours.

Through the latter part of the window, price action compressed. A retracement from $4.144 to $4.046 created a brief descending structure, accompanied by a localized volume spike of 54,075 tokens that coincided with a closer test of the $4.04 support. Despite this pullback, ICP held its broader uptrend, maintaining the ascending pattern established from the $3.93 low.

With no catalysts driving directional shifts, technical markers defined the session. The retention of the $4.00–$4.04 zone as support preserves ICP’s bullish bias, while the $4.09–$4.10 band emerges as the first ceiling to clear in any renewed attempt at the $4.20 breakout level.

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