PayPal USD (PYUSD) is currently trading at $0.999856, reflecting a marginal 24-hour change of 0.01528%. The daily price range has remained tight, with a high of $1 and a low of $0.999163, indicating stability around the $1 peg typically associated with stablecoins.

Volume over the last 24 hours stands at 112,055,133, with a volume-to-market cap ratio of 2.86%. The moving averages are showing a consistent trend, with the 8, 13, 21, and 55 SMAs all hovering around $0.9998, suggesting strong support at this level.

The hourly RSI is at 49, indicating that the asset is neither overbought nor oversold, while the 7-day RSI at 50 further confirms this neutrality. Recent price changes show a slight decline over the past week of -0.0087%, but a more substantial increase of 0.0821% over the past 14 days suggests that PYUSD is stabilizing after recent volatility.

With the all-time high recorded at $1.021 on October 23, 2023, the asset has shown resilience in maintaining its peg to the US dollar. Current technical indicators and the volume suggest that PYUSD may continue to hover around the $1 mark, with little volatility expected in the near term.

Given the stability of the price, the current market conditions, and the asset’s recent performance, a Hold rating is appropriate. This position allows investors to monitor market developments while remaining exposed to potential upside should demand increase.