Internet Computer (ICP) is currently priced at $4.29, showing a modest 24-hour increase of 2.15%. The daily range reflects a low of $4.00 and a high of $4.44, indicating a relatively stable trading environment within this range.

Volume stands at 192,510,536, contributing to a volume-to-market cap ratio of 8.29%. The hourly moving averages indicate bullish momentum, with the 8 SMA at $4.09 (up 4.84%), 13 SMA at $4.08 (up 5.04%), and 21 SMA at $4.12 (up 4.09%), while the 144 SMA at $4.32 shows a slight decline of 0.77%, suggesting a potential resistance point.

The 1-hour RSI is at 70, indicating that ICP may be overbought in the short term, while the 7-day RSI at 44 suggests it is closer to oversold conditions over a longer timeframe. Furthermore, the 7-day and 14-day price changes are down by 16.36% and 32.48%, respectively, indicating significant bearish pressure in the recent past.

Despite a positive 30-day price change of 32.51%, the overall trend suggests volatility, with recent declines overshadowing previous gains. Given the current technical indicators, particularly the overbought condition in the short term and the bearish momentum in longer timeframes, caution is warranted.

In conclusion, while the recent price action shows some recovery, the overall trend appears to be bearish in the medium term. Therefore, I rate ICP as a Hold, advising investors to monitor for clearer signals before making further commitments.