Internet Computer (ICP) is currently trading at $4.51, reflecting a notable 24.42% increase over the past 24 hours. The price has fluctuated between a low of $3.52 and a high of $4.67 during this period, indicating strong volatility and investor interest.

The trading volume of 538,524,520 ICP represents a significant 21.84% of its market cap, suggesting robust liquidity and active trading conditions. The daily price range is relatively tight at 1.15%, which can imply consolidation following recent bullish momentum.

Technical indicators show that the hourly moving averages are trending positively, with the 8 SMA at $4.05 indicating a short-term bullish outlook. The 1-hour RSI is extremely high at 93, signaling potential overbought conditions, while the 7-day RSI at 65 suggests there is still room for further gains before reaching overbought territory.

In terms of price changes, ICP has experienced substantial increases over various time frames: 39.64% over the past week, 62.37% over the last 14 days, and 49.22% in the past month. These metrics indicate a strong upward trend, reflecting positive sentiment among investors and market participants.

Despite the substantial gains, ICP remains significantly below its all-time high of $700.65, set in May 2021. This disparity presents potential for future growth, although caution is warranted given the current overbought conditions indicated by the RSI.

Considering the bullish trend supported by solid price action and trading volume, I recommend a Buy rating on ICP. However, investors should closely monitor RSI levels and consider taking profits or implementing stop-loss orders to mitigate risks associated with potential pullbacks.