Internet Computer (ICP) is currently trading at $2.55, reflecting a 4.55% increase over the last 24 hours. The price has fluctuated between $2.42 and $2.69 within the same timeframe, indicating a daily range of 10.23%, which suggests increased volatility and trading activity.

The trading volume of 123,178,300, representing 8.81% of the market cap, indicates robust investor interest and liquidity in the market. The hourly moving averages present a mixed but generally positive outlook, with the 8 SMA at $2.49 showing a 2.48% increase and the 55 SMA at $2.43 reflecting a notable 4.86% gain.

The 1-hour RSI is currently at 51, suggesting a neutral position, while the 7-day RSI at 56 indicates a slight bullish sentiment. Price changes over various time frames show a 15.77% increase over the last week, but a significant 21.35% decline over the past month, reflecting a potential short-term recovery after a longer downtrend.

Given the all-time high of $700.65 and the current price, ICP remains significantly undervalued, suggesting potential for future appreciation. The positive short-term indicators, alongside the recent price surge, warrant a cautious yet optimistic stance moving forward.

Based on the analysis, the recommendation is to Buy ICP. The combination of a recent price increase, improving moving averages, and favorable RSI metrics indicate a potential for continued upward momentum in the near term.