Internet Computer (ICP) is currently trading at $3.79, reflecting a modest 24-hour change of 0.79%. The price has fluctuated between a daily high of $3.82 and a low of $3.63, indicating a tight trading range of just 0.19% for the day, which suggests low volatility in the current market.

The trading volume stands at approximately 128.36 million, contributing to a volume-to-market cap ratio of 6.24%. This relatively high volume could signal increased investor interest, yet it also indicates that the market is still struggling to break out of its recent downtrend, as evidenced by the negative price changes over the last 7, 14, and 30 days.

Technical indicators show that the hourly moving averages are generally bullish, with the 8, 13, 21, and 55 SMA all registering positive changes, albeit marginal. However, the 144 SMA has turned negative, reflecting a potential resistance level around $3.87, which could hinder upward momentum.

The 1-hour Relative Strength Index (RSI) sits at 68, suggesting that ICP may be approaching overbought territory in the short term. In contrast, the 7-day RSI at 47 indicates that the asset is relatively neutral, which could mean room for upward movement if bullish sentiment develops.

Despite the slight uptick in the 24-hour price, the longer-term trends remain concerning, with ICP experiencing significant declines over the past two weeks and month. The all-time high of $700.65 remains a distant target, highlighting the asset's current struggles to regain prior peaks.

Given the mix of bullish short-term signals and bearish long-term trends, the recommendation for Internet Computer (ICP) is to Hold. Investors should monitor market conditions closely, as a break above $3.87 could open up new opportunities, while further downside risks loom if the price cannot maintain its current levels.