The current price of Internet Computer (ICP) is $3.37, reflecting a 24-hour change of -3.75%. The asset has exhibited a daily range of just 0.17%, indicating a lack of volatility, with the price oscillating between a high of $3.54 and a low of $3.37 during this period.

Trading volume stands at approximately 48.57 million, with a volume-to-market cap ratio of 2.63%, suggesting moderate interest from traders. The hourly moving averages indicate bearish momentum, with the 8 SMA at $3.42 showing a decline of 1.45%, while the longer-term averages also reflect a downward trend, particularly the 144 SMA at $3.64, which has declined by 7.31%.

The 1-hour RSI is notably low at 25, signaling that ICP is oversold in the short term, while the 7-day RSI at 42 indicates a neutral stance with potential weakness. Over the past week, ICP has experienced a significant price decline of approximately 15.81%, contrasting with a positive 14-day change of 5.13% and a 30-day increase of 11.46%, demonstrating recent volatility but overall weak momentum.

Given the current technical indicators, including the bearish moving averages and the low RSI values, there is a lack of immediate bullish signals. However, the asset's longer-term performance shows some resilience, particularly over the past month, although the significant drop in the last week raises caution.

Based on the analysis, I recommend a Hold rating for ICP. The recent price decline and bearish momentum suggest caution, but the oversold condition could present a buying opportunity if a reversal occurs. Monitoring for a breakout above key resistance levels will be essential for a future Buy signal.