Internet Computer (ICP) is currently priced at $2.92, reflecting a 3.55% increase over the last 24 hours. The asset has demonstrated a daily range between $2.67 and $2.96, indicating a relatively tight trading band, with volume at approximately $140.78 million, representing 8.84% of its market cap.

The hourly moving averages indicate a generally bullish short-term trend, with the 8 SMA at $2.85 showing a gain of 2.60%, while the longer-term 144 SMA at $2.96 is down 1.51%. The 1-hour RSI is at 63, suggesting that ICP is approaching overbought territory, while the 7-day RSI of 47 indicates a neutral position, providing mixed signals on momentum.

From a price performance perspective, ICP has seen a decline of approximately 5.39% over the past week, contrasting with a slight uptick of 0.91% over the past 14 days. However, the 30-day price change reflects a significant drop of 19.80%, indicating a bearish trend in the medium term.

Considering the asset's overall technical indicators and recent price movements, the market appears to be consolidating with potential for a short-term rally. The presence of strong support around the $2.67 level may help to stabilize the price, while resistance at $2.96 needs to be overcome for further upside.

Given the current technical setup and mixed signals, the recommendation for ICP is a Hold. This stance is based on the need for clearer confirmation of a reversal in the current bearish trend before initiating new positions.