Internet Computer (ICP) is currently trading at $4.00, reflecting a 24-hour decline of 2.61%. The daily trading range has been narrow, with a high of $4.16 and a low of $4.00, indicating limited volatility and investor caution.

The volume of $90,623,847 represents 4.16% of the market cap, suggesting moderate trading activity. The moving averages are trending downward, with the 8 SMA at $4.11 showing a decrease of 2.69%, while the longer-term SMAs indicate sustained selling pressure.

Momentum indicators reflect bearish sentiment; the 1-hour RSI is at 47, nearing neutral territory, while the 7-day RSI is slightly lower at 49. Over the past week, the price has decreased by approximately 1.79%, but the 30-day price change shows a robust increase of 37.31%, indicating potential support at current levels.

The historical context shows ICP’s all-time high at $700.65, which emphasizes the drastic decline since then. The 14-day price change of -24.33% indicates that ICP has been under significant pressure, and recent performance does not suggest immediate recovery.

Given the downward trend in moving averages and the current RSI levels, the outlook remains cautious. The recent price action combined with the overall bearish sentiment warrants a Hold rating, as the asset is approaching potential support but lacks strong bullish indicators for a Buy signal.