Internet Computer (ICP) is currently priced at $2.52, reflecting a 0.98% increase over the past 24 hours. The daily trading range has been relatively narrow, with a high of $2.55 and a low of $2.40, indicating low volatility in the short term.

Volume has reached approximately $92 million, corresponding to 6.67% of the market cap, suggesting moderate trading activity. The hourly moving averages show a mixed trend, with the 8 SMA and 13 SMA indicating short-term upward momentum, while the 144 SMA suggests a bearish outlook.

The 1-hour RSI is at 49, indicating neutral momentum, while the 7-day RSI is also at 49, reflecting a lack of directional strength over the past week. Both the 7-day and 14-day price changes are negative, with declines of 3.56% and 28.23%, respectively, which indicates a longer-term bearish sentiment.

The 30-day price change of -21.26% further emphasizes the downtrend that ICP has faced in recent weeks. Given the substantial distance from its all-time high of $700.65, ICP's current price indicates a significant decline and potential resistance in recovering lost ground.

Considering the current technical indicators and the bearish price trend, a cautious approach is warranted. The mixed signals from moving averages and neutral RSI suggest that while there may be short-term buying opportunities, the overall market sentiment remains weak.

Rating: Hold. While there are signs of short-term recovery, the longer-term trends and significant historical declines suggest waiting for more definitive bullish signals before making a buying decision.