PayPal USD (PYUSD) is currently trading at $1, exhibiting minimal price movement with a 24-hour change of 0.01341%. The daily range is tight, with a high of $1 and a low of $0.999231, indicating low volatility in the market.

Trading volume over the past 24 hours is 20,360,571, corresponding to a volume-to-market cap ratio of 2.39%. This suggests moderate liquidity, but the overall stability of the price indicates limited speculative trading activity.

Technical indicators show that all short-term moving averages, including the 8, 13, 21, 55, and 144 SMAs, are tightly clustered around $0.9999, reflecting a strong price floor. The 1-hour RSI stands at 48, while the 7-day RSI is neutral at 50, indicating a balance between buying and selling pressure.

In terms of longer-term price action, PYUSD has seen a 7-day price change of 0.0429%, and a 14-day change of 0.0310%, which indicates slight bullish momentum recently. However, the 30-day price change shows a decline of 0.0418%, suggesting that the asset has experienced some weakness in the preceding month.

The all-time high for PYUSD was recorded at $1.021 on October 23, 2023, which positions the current price near its historical high. With the asset maintaining its peg to the US dollar and demonstrating stable performance, it remains appealing for risk-averse investors.

Considering the current price stability, moderate trading volume, and lack of significant price fluctuations, the recommendation is to Hold PYUSD. The asset’s price is effectively maintaining its peg, and while there are no immediate catalysts for growth, the stability provides a safe option in uncertain market conditions.