Golem (GLM) is currently priced at $0.268566, reflecting a 1.80% increase over the last 24 hours. The price has traded within a daily range of $0.255732 to $0.275291, indicating moderate volatility.

The volume over the past 24 hours stands at approximately 16,595,394, translating to a volume-to-market cap ratio of 6.18%. This suggests a healthy trading activity relative to its market capitalization, indicating investor interest and potential liquidity.

Short-term moving averages show positive momentum, with the 8-period SMA at $0.2661 showing a gain of 0.92%, and the 21-period SMA at $0.2630 demonstrating a gain of 2.13%. Notably, the 55-period SMA has increased by 4.29%, suggesting a strengthening bullish trend in the short-term.

The 1-hour RSI sits at 58, indicating that GLM is approaching overbought territory, while the 7-day RSI is at 52, showing a neutral position. The price has increased by 10.78% over the past week, and a 14-day increase of 14.82% suggests sustained upward momentum.

Despite a 30-day price change of -4.44%, the recent bullish momentum indicates a potential recovery phase. The all-time high of $1.32, set in April 2018, remains a significant resistance point that could impact future price movements.

Given the current positive trends in moving averages, RSI readings, and recent price increases, Golem appears to be in a favorable position for short-term gains. Therefore, I recommend a Buy rating for GLM, as the indicators suggest continued upward movement and potential for higher price targets in the near term.