Quorium (QGOLD) is currently trading at $2,916.65, reflecting a 1.22% increase over the last 24 hours. The daily trading range has been notably volatile, fluctuating by 39.14%, indicating significant market activity.

The daily volume stands at 149,286, with a volume-to-market cap ratio of only 0.06%, suggesting low liquidity. Short-term moving averages show positive momentum, with the 8 SMA at $2,911.12, indicating a slight upward trend, while longer-term moving averages also demonstrate moderate bullishness.

The 1-hour Relative Strength Index (RSI) is significantly high at 83, suggesting that QGOLD is overbought in the short term. However, the 7-day RSI is neutral at 50, indicating a lack of strong momentum, while the 14-day change shows a more favorable price increase of 13.91%.

Despite the recent price drop over the past week of approximately 0.01%, the 30-day change of 70.22% indicates a robust upward trend over a longer period. The all-time high of $3,572.74 reached on December 15, 2024, provides a target for potential gains, although current prices are still below this level.

Given the combination of high short-term RSI indicating possible overextension, alongside a solid performance in the last 30 days, a cautious approach is recommended. Therefore, the rating for QGOLD is Hold, as investors should wait for a potential pullback or clearer signals before committing to a buy.