GHO is currently priced at $0.999797, experiencing a minor decline of 0.01351% over the last 24 hours. The daily price range has been narrow, with a high of $1.005 and a low of $0.998002, indicating low volatility and tight trading conditions.

The volume over the past 24 hours stands at approximately 14.9 million, translating to a volume-to-market cap ratio of 3.50%. This suggests moderate trading activity, which is common for stablecoins or pegged assets, as GHO appears to be closely tracking its peg around the $1 mark.

Technical indicators reflect a mixed sentiment, with hourly moving averages showing slight bearish trends at the shorter SMAs but a positive shift at the longer 55 and 144 SMAs. The 1-hour RSI is neutral at 52, while the 7-day RSI holds steady at 50, indicating a balanced momentum with no immediate overbought or oversold conditions.

In terms of price performance, GHO has shown a modest increase over the past week (0.0853%), two weeks (0.1448%), and the last month (0.0596%), signaling a slight upward trend overall. However, the asset remains below its all-time high of $1.03, achieved on February 28, 2024, reflecting potential resistance at this level.

Given the current price stability, low volatility, and mixed technical indicators, the outlook for GHO suggests a Hold rating. This recommendation is based on the asset's ability to maintain its peg around $1, coupled with a lack of significant catalysts for movement in either direction at this time.