First Digital USD (FDUSD) is currently trading at $1, reflecting a minimal 24-hour change of 0.04435%. The price has oscillated between a high of $1.003 and a low of $0.9949 over the past day, indicating a tight trading range of approximately 0.0081%.

The trading volume stands at approximately 4.51 billion, suggesting significant market activity, as reflected by a volume-to-market cap ratio of 283.16%. This high volume may indicate strong interest from investors, although it does not guarantee price stability or upward momentum.

From a technical analysis perspective, the short-term moving averages (8, 13, 21, 55, and 144 SMA) are clustered around the $0.9989 to $0.9991 range, suggesting a sideways trend with slight bullish bias. The 1-hour RSI is at 47, showing neutrality, while the 7-day RSI at 50 indicates no strong momentum in either direction.

Over the past week, FDUSD has experienced a price increase of approximately 0.19%, while the 14-day price change reflects a decline of nearly 0.27%. However, the 30-day price change of approximately 0.15% indicates a potential for slow recovery and stability.

Historically, FDUSD reached an all-time high of $1.15 on February 3, 2025, which suggests potential upside if market conditions improve. Given the current technical indicators and historical performance, the asset appears to be consolidating around the $1 mark.

Considering the relatively stable price movement and significant volume, the current price presents a compelling opportunity for investors. Therefore, the rating for First Digital USD (FDUSD) is a Buy, as the asset shows potential for upward movement with a strong foundation in volume and price stability.