Internet Computer (ICP) is currently priced at $3.88, reflecting a 7.26% increase over the past 24 hours. The daily trading range has been tight, with a high of $3.94 and a low of $3.59, indicating a level of volatility that investors should monitor closely.

Trading volume stands at 123,559,148, representing 5.88% of the market cap, suggesting a healthy level of market activity. The hourly moving averages indicate bullish momentum in the short term, particularly the 8 SMA at $3.76, which is showing a 3.28% increase, while the 144 SMA is slightly bearish at $3.95, down 1.79%.

The 1-hour RSI is at 68, approaching overbought territory, which may signal a short-term correction soon. Conversely, the 7-day RSI at 46 suggests that ICP is neither overbought nor oversold, indicating potential for upward movement if buying pressure increases.

Over the past week, ICP has declined by nearly 9%, and in the last 14 days, the price has fallen by approximately 25%. This longer-term downtrend may cause caution among investors, but the recent positive momentum could suggest a potential reversal if supported by increased buying volume.

The all-time high for ICP was $700.65, emphasizing significant distance from current levels, which may impact investor sentiment and risk appetite. Nevertheless, if the price can maintain above the 8 and 13 SMAs, it could signal a more sustained upward trend.

Based on the current technical indicators and recent price movements, the recommendation for Internet Computer (ICP) is a Hold. While short-term indicators show bullish momentum, the longer-term downtrends and high RSI levels suggest caution before making any aggressive trades.