PayPal USD (PYUSD) is currently trading at $0.999993, reflecting a slight increase of 0.11658% over the past 24 hours. The daily price range has been tight, with a high of $1 and a low of $0.998442, indicating a stable peg to the USD.

Trading volume stands at approximately 51.97 million, representing a volume-to-market cap ratio of 1.35%. This relatively low ratio suggests limited volatility, which is typical for a stablecoin designed to maintain a close value to the US dollar.

Short-term moving averages show minor upward trends, with the 8, 13, and 21-period SMAs all hovering around $0.9997 and indicating consistent stability. The hourly RSI at 57 suggests a mild bullish momentum, while the 7-day RSI at 50 indicates neutrality, showing no strong directional bias.

In terms of price changes, the 7-day performance is positive at 0.0344%, whereas the 14-day and 30-day changes reflect slight declines of -0.0030% and -0.0171%, respectively. This mixed performance suggests that while there is short-term stability, there may be underlying weakness in broader market conditions.

The all-time high for PYUSD was $1.021, reached on October 23, 2023, indicating its capability to slightly exceed the $1 mark. However, current price action shows a reversion closer to the peg, reinforcing its role as a stablecoin amidst market fluctuations.

Given the current stability, low volatility, and the close tracking of the US dollar, a Hold rating is appropriate for PayPal USD. This reflects a recommendation to maintain positions as it serves its purpose as a stable store of value rather than a speculative asset.