The current price of Internet Computer (ICP) stands at $3.27, reflecting a modest 24-hour change of 1.89%. The price has oscillated between a high of $3.36 and a low of $3.13 within the last day, indicating a relatively tight daily range of 0.23%.

The trading volume for ICP is approximately $64.7 million, representing 3.60% of the market cap. This volume is significant enough to suggest healthy trading activity, which can often precede larger price movements, especially in a volatile market.

Technical indicators show that the hourly moving averages are bullish, with the 8 SMA at $3.18 up 2.76%, indicating short-term upward momentum. The 1-hour RSI is at 63, approaching the overbought territory, while the 7-day RSI sits at a neutral 52, suggesting mixed short-term and medium-term sentiment.

Over the past week, ICP has gained approximately 6.19%, indicating a positive short-term trend, while the 14-day change of 8.90% reinforces this upward momentum. However, a notable decline of 7.32% over the past 30 days suggests that ICP may still be recovering from a longer-term downtrend, which could impact investor sentiment.

Historically, ICP has a long way to go from its all-time high of $700.65, achieved in May 2021, which highlights its current underperformance relative to previous peaks. This disparity underscores potential volatility, as market participants may be cautious about significant price reversals.

Based on the current analysis, the Buy/Hold/Sell rating for ICP is a Hold. While there is short-term bullish momentum indicated by the moving averages and recent price changes, the long-term trend remains concerning due to prior losses. Investors may want to monitor further price movements and volume trends before making any decisive trading actions.