Internet Computer (ICP) is currently priced at $4.13, reflecting a minor 24-hour change of 0.25%. The daily price range has remained tight, with a high of $4.44 and a low of $4.04, indicating limited volatility in the short term.

The volume of 198,093,388 indicates strong trading activity, with a volume-to-market cap ratio of 8.86%, suggesting that liquidity is reasonable. The moving averages are mostly declining, with the 8 SMA at $4.22 and the 13 SMA at $4.26, both showing significant downward momentum, which is a bearish signal.

The 1-hour RSI at 28 indicates that ICP is in oversold territory, which may lead to a short-term bounce; however, the 7-day RSI of 44 shows that the asset lacks upward momentum in the longer term. Over the past week, ICP has dropped by 18.23%, and in the last 14 days, it has declined by 35.1%, signaling a strong downtrend.

On the other hand, the 30-day price change of 29.49% suggests a recovery phase before the recent downturn, indicating potential for future upward movement. However, the significant drop from the all-time high of $700.65 highlights the dramatic devaluation of ICP since its peak, which could cause investor sentiment to remain cautious.

Given the technical indicators pointing to a bearish trend and the recent price performance, a conservative approach is warranted. While the oversold condition may lead to a short-term bounce, the overall trend remains negative, leading to a Sell rating based on the current analysis.