Internet Computer (ICP) is currently priced at $2.44, reflecting a 24-hour change of -1.38%. The price has fluctuated between a high of $2.53 and a low of $2.41 in the last 24 hours, indicating relatively low volatility with a daily range of just 0.12%.

The trading volume over the past 24 hours stands at approximately 62.8 million, equating to a volume-to-market cap ratio of 4.70%. This suggests moderate trading activity, yet it may not be sufficient to catalyze a significant price move given the current market conditions.

Analyzing the moving averages, the 8, 13, and 21 SMA show slight downward trends, with the 144 SMA reflecting a more pronounced decline of 3.68%. These indicators suggest that short-term sentiment is bearish, although the hourly RSI at 54 indicates neutrality, while the 7-day RSI at 46 implies that the asset is nearing oversold conditions.

The 7-day, 14-day, and 30-day price changes reflect significant declines of -6.84%, -26.20%, and -24.66%, respectively, indicating a longer-term bearish trend. Despite the recent underperformance, ICP remains substantially below its all-time high of $700.65, indicating potential for growth if the broader market sentiment shifts positively.

Given the bearish indicators from the moving averages and the negative price changes over the longer time frames, there is limited upward momentum currently. However, the neutral hourly RSI suggests a potential for stabilization or a minor rebound.

Considering all factors, the recommendation for Internet Computer (ICP) is to Hold. The current market conditions and technical indicators do not support a strong case for buying or selling at this moment, and investors may want to wait for clearer signals of a trend reversal before taking action.