Internet Computer trades near $4.369 after a sharp support break and a 224% volume surge, with new resistance forming at prior breakdown levels.
A 7.86M volume spike — 224% above average — confirmed the break below $4.33 support.The decline followed one of the steepest intraday drops in recent sessions, with price moving from $4.97 to $4.30 in a fast, technically-driven cascade, according to CoinDesk Research's technical analysis data model.
Activity surged to 7.86 million tokens early in the European morning on Friday, a 224% jump above the 24-hour average. That surge aligned with the failure of the $4.33 support level—previously a reliable staging area for rebounds during October and early November. The breach accelerated the descent into the $4.20–$4.30 zone, where price briefly stabilized before reentering a narrow consolidation band. Intraday data shows ICP attempting a minor rebound at 13:41 UTC, lifting the token to $4.344 on elevated volume. The move suggested short-term stabilization around the psychological $4.30 level. But participation faded quickly, and the token slipped again toward $4.298, confirming that momentum remains aligned with broader downward pressure. Without any new fundamental catalysts, technical levels have fully controlled recent trading behavior. The formation of new resistance at $4.69—the area where declines intensified—highlights the significance of Tuesday’s breakdown. ICP now trades within a tight $4.30–$4.34 consolidation zone, leaving limited room for directional movement until volume expands again. A sustained reclaim of $4.33 would be required to shift momentum meaningfully, while bears will continue to focus on a retest of the $4.20 support floor if volume remains skewed toward the breakdown side.Parts of this article were generated with the assistance from AI tools and reviewed by our editorial team to ensure accuracy and adherence to 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 , 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.Grayscale’s Dogecoin and XRP ETFs will begin trading on NYSE Arca, offering spot exposure to each asset. The launches follow rising demand for altcoin ETFs, with Bitwise and Franklin Templeton also expanding into DOGE, XRP and Solana products.
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