Internet Computer (ICP) is currently priced at $4.14, reflecting a minor decline of 0.97% over the past 24 hours. The daily price range has been constrained between $4.10 and $4.30, indicating low volatility with a daily range of just 0.2%.

Trading volume stands at approximately 133.65 million, translating to a volume-to-market cap ratio of 5.97%. This volume level suggests moderate interest from traders, though it remains below levels typically associated with more significant price movements.

The short-term moving averages reflect a bearish sentiment, with the 8, 13, and 21 SMA all showing declines of over 1.5%. The 144 SMA is slightly less negative at -0.81%, suggesting a potential area of support around $4.17, though the overall trend remains downward.

Momentum indicators such as the 1-hour RSI at 52 suggest that ICP is currently in a neutral position, while the 7-day RSI at 48 indicates the potential for further downside if selling pressure continues. Notably, the price has seen a significant drop of 17.28% over the past week and a staggering 34.68% over the last 14 days.

In contrast, ICP has experienced a notable gain of 29.20% over the past 30 days, indicating some resilience in the longer term despite recent declines. However, this short-term weakness could undermine investor confidence and trigger further selling.

Considering the current technical indicators, the recent price action, and the overall market sentiment, the rating for ICP is a Hold. While the price has seen significant fluctuations, the recent downtrend and negative moving average patterns suggest caution is warranted before considering new positions.