Internet Computer (ICP) is currently priced at $3.02, experiencing a slight 24-hour change of 0.92%. The price has fluctuated between a high of $3.11 and a low of $2.99 within the same period, indicating a daily range of 0.12%.

Trading volume stands at 56,402,121, with a volume-to-market cap ratio of 3.43%. This level of trading activity suggests a moderate interest, but the overall sentiment remains bearish as indicated by the 7-day price change of -14.15% and a 14-day change of -19.39%.

Technical indicators reveal an unfavorable outlook; the hourly moving averages show a consistent decline, with the 8 SMA at $3.06 and the 21 SMA at $3.06, both down approximately 1.20% to 1.51%. Additionally, the 1-hour RSI is positioned at 32, indicating that ICP is nearing oversold territory, while the 7-day RSI at 44 suggests ongoing bearish momentum.

Over the past 30 days, ICP has lost 39.04% of its value, reflecting a significant downward trend. The all-time high of $700.65 achieved in May 2021 remains a distant target, further highlighting the current challenges facing the asset.

Given the prevailing bearish momentum, low RSI values, and declining moving averages, the recommendation for ICP is to Hold. There is insufficient bullish momentum to justify a Buy, while selling at current prices may not be prudent given the potential for a short-term bounce.