Quantum Resistant Ledger (QRL) is currently priced at $2.97, reflecting a notable 12.93% increase over the past 24 hours. The daily trading range has been relatively narrow, with a high of $2.98 and a low of $2.63, indicating stable price behavior amidst the recent uptick.

The volume for the past 24 hours stands at 625,777, contributing to a volume-to-market cap ratio of 0.27%. This suggests limited liquidity, which can lead to increased volatility if buying or selling pressure shifts significantly.

Looking at the moving averages, the 8 SMA and 13 SMA show positive momentum with increases of 6.32% and 7.04%, respectively, while longer-term moving averages, such as the 55 SMA and 144 SMA, indicate stronger bullish trends with gains of 21.27% and 35.36%. This pattern suggests a robust upward trajectory as short-term averages are consistently above the longer-term averages.

The 1-hour RSI is at 64, indicating that QRL is nearing overbought conditions, while the 7-day RSI of 63 confirms sustained upward momentum without immediate signs of reversal. Notably, the price has appreciated significantly over various time frames, with a 30-day price change of 83.78%, showcasing strong bullish sentiment.

The all-time high for QRL remains at $3.87, reached on January 9, 2018, suggesting that there is substantial room for growth if current momentum continues. However, investors should also be cautious of potential pullbacks given the current overbought indicators in the short-term RSI readings.

Based on the combination of strong recent performance, solid moving averages, and high price appreciation over multiple periods, I recommend a Buy rating for QRL. The technical indicators support further upside potential, particularly if the price can sustain above the $2.79 level, which has been a key support point in the moving averages.