Internet Computer (ICP) is currently priced at $3.01, reflecting a slight decline of 0.39% over the past 24 hours. The daily trading range has been tight, with a high of $3.19 and a low of $3.01, indicating limited volatility in the short term.

Trading volume stands at approximately 92.2 million, which is 5.61% of the market cap, suggesting a moderate level of activity relative to its size. The hourly moving averages show a bearish trend, with the 55 SMA at $3.11 indicating a potential resistance point, while the 144 SMA at $3.00 suggests a slight support level.

The 1-hour RSI is at 42, indicating that ICP is nearing oversold conditions, while the 7-day RSI at 50 reflects a neutral stance. The price changes over the last 7 days (+0.50%) indicate some stabilization, but the 14-day and 30-day price changes of -10.02% and -26.59% respectively highlight significant downward pressure over a longer term.

Given that the all-time high was $700.65, the current price reflects a drastic decline, suggesting that market sentiment has shifted negatively over time. However, the recent stabilization in price could indicate a potential bottoming out phase.

Considering the current price action, moving averages, and RSI readings, a cautious approach is warranted. Therefore, the recommendation is to Hold ICP at this time, awaiting clearer bullish signals or a break above the 55 SMA at $3.11 for potential upward momentum.