Internet Computer (ICP) is currently priced at $2.71, experiencing a modest 24-hour change of 0.5168%. The daily trading range is narrow, with a high of $2.71 and a low of $2.56, indicating limited volatility in the short term.

Trading volume stands at approximately 100.13 million, representing 6.74% of the market cap, suggesting active participation but not overwhelming trading interest. The short-term moving averages (8 SMA and 13 SMA) indicate slight bullish momentum, while the longer-term moving averages (55 SMA and 144 SMA) show bearish trends, reflecting the overall downtrend in the past weeks.

The 1-hour RSI is at 64, indicating a relatively strong short-term momentum, whereas the 7-day RSI at 41 suggests potential oversold conditions, which could present a buying opportunity. However, the 7-day, 14-day, and 30-day price changes are all negative, reflecting a significant downtrend of -18.10%, -32.35%, and -13.58% respectively, signaling ongoing bearish sentiment.

Given the mixed signals from the moving averages and RSI indicators, and the broader negative price trends over the past month, ICP appears to be in a corrective phase. However, the recent short-term strength and stable price action suggest a potential for a rebound.

Overall, the current market conditions and technical indicators lead to a Hold rating. Investors should monitor for signs of a sustained recovery before making any significant buying decisions.