The current price of Internet Computer (ICP) is $3.16, with a slight 24-hour change of 0.30%. The daily trading range has been narrow, fluctuating between a low of $3.08 and a high of $3.24, indicating a stable short-term price action.

The trading volume stands at approximately 64.5 million, reflecting a volume-to-market cap ratio of 3.73%, which suggests relatively moderate trading activity. The short-term moving averages show mixed signals; while the 8 and 13 SMA are trending upwards, the longer-term SMAs indicate potential bearish momentum, particularly the 55 and 144 SMA, which have decreased by 0.60% and 1.38%, respectively.

The 1-hour RSI at 37 indicates that ICP is approaching oversold territory, while the 7-day RSI of 46 suggests a lack of momentum but not yet oversold. Price changes over the past week show a decline of 7.43%, although there has been a positive shift over the last 14 days, where the price increased by 6.90%.

Given the significant gap from the all-time high of $700.65, the current price of $3.16 suggests a substantial downside risk in the long term. However, the recent uptick in short-term moving averages may provide temporary support for a potential rebound.

Considering the mixed indicators from moving averages, RSI levels, and recent price actions, the recommendation is to Hold. This stance allows for observing further developments, especially whether the price can stabilize above the current levels in the short term.