ApeCoin (APE) is currently trading at $0.656567, reflecting a 3.59% increase over the last 24 hours. The price has shown resilience, with the daily range between $0.628307 and $0.655852, indicating a relatively stable trading environment.

The volume of 30,915,030 is substantial, contributing to a volume-to-market cap ratio of 5.89%, suggesting healthy trading activity. The hourly moving averages are all trending upwards, particularly the 55 SMA at $0.6190 (+6.07%) and the 144 SMA at $0.6080 (+7.99%), reinforcing a bullish sentiment in the short term.

The 1-hour RSI is at 73, indicating that the asset is in overbought territory, which may lead to a potential correction soon. Conversely, the 7-day RSI of 60 suggests that while APE has gained momentum, it is not excessively overbought, allowing for some room for further price appreciation.

In the last week, APE has appreciated by approximately 3.87%, while the 14-day change shows a notable increase of 9.55%. However, the 30-day price change reflects a decline of 10.18%, indicating that despite recent gains, the asset has not fully recovered from prior losses.

The all-time high for APE stands at $26.70, established in April 2022, highlighting significant long-term potential if the project can regain investor confidence. Current price levels are significantly lower than this peak, suggesting substantial upside potential if bullish momentum can be sustained.

Considering the combination of short-term bullish signals, a manageable RSI, and recent upward price movements, a Buy rating is warranted for ApeCoin. However, traders should be cautious of potential short-term corrections given the elevated 1-hour RSI.