Internet Computer (ICP) is currently priced at $2.06, reflecting a modest 24-hour change of 0.42%. The daily trading range is tight, with a high of $2.12 and a low of $2.02, indicating low volatility in the short term.

The volume of 52,198,439 represents a trading volume-to-market cap ratio of 4.61%, suggesting moderate trading activity relative to its overall market capitalization. The moving averages indicate bearish sentiment, with the 55 SMA at $2.12 showing a decline of 2.97% and the 144 SMA at $2.19 down 5.84%, which highlights ongoing downward pressure.

The 1-hour RSI stands at 44, suggesting that the asset is nearing oversold conditions but has not yet reached that threshold. Over the last week, the 7-day RSI of 41 points to bearish momentum, with a significant 7-day price change of -15.08% and a 30-day decline of -40.59%, reflecting a persistent downtrend.

Fundamentally, ICP has faced challenges, with its all-time high of $700.65 from May 2021 indicating a stark contrast to its current valuation. The significant drop in price over various time frames signals a lack of buyer confidence and potential further downside risks.

Given the current technical indicators and price trends, the recommendation for ICP is a Sell. The combination of bearish moving averages, declining RSI metrics, and ongoing price decreases underscores a lack of momentum for recovery in the near term.