Internet Computer (ICP) is currently priced at $3.52, reflecting a 24-hour change of -1.30%. The daily trading range has been tight, with a high of $3.57 and a low of $3.42, indicating subdued volatility in the market.

The trading volume over the past 24 hours stands at approximately $60.89 million, contributing to a volume-to-market cap ratio of 3.17%. Short-term moving averages are showing mixed signals; the 8 SMA and 13 SMA are trending upwards, while the 55 SMA indicates a bearish sentiment with a decline of 1.05%.

The 1-hour RSI is positioned at 59, suggesting near-term momentum is slightly bullish, yet the 7-day RSI at 44 indicates a potential oversold condition. Additionally, the 7-day price change of -11.18% coupled with a positive 14-day price change of 10.77% implies a recent recovery trend that may be stabilizing.

While ICP is significantly below its all-time high of $700.65, the current price reflects a 15.37% increase over the past 30 days. This longer-term perspective may attract investors looking for value, despite the recent downward price pressure.

Given the mixed signals from short-term indicators and the recent declines in the 7-day timeframe, a cautious approach is warranted. Therefore, the recommendation is to Hold ICP at the current price level, monitoring for further bullish confirmation or signs of continued bearish pressure.