PayPal USD (PYUSD) is currently trading at $0.99973, exhibiting a minor decline of -0.02086% over the last 24 hours. The asset has remained stable within a daily range, with a high of $1 and a low of $0.997725, indicating limited volatility.

The trading volume stands at approximately 67.89 million, translating to a volume-to-market cap ratio of 1.80%, suggesting active trading but limited market impact. The hourly moving averages reflect a slight bullish trend, with the 8 SMA at $0.9993 (+0.04%) and the 13 SMA at $0.9992 (+0.05%), indicating short-term stability around the $1 mark.

Technical indicators such as the 1-hour RSI and 7-day RSI are both at 50, signaling a neutral momentum. Over the past week, PYUSD has experienced a slight depreciation of -0.0228%, while the 14-day and 30-day price changes show a minor downward trend of -0.01997% and a slight increase of +0.0061%, respectively.

The all-time high for PYUSD was $1.021 on October 23, 2023, suggesting that the cryptocurrency has potential for recovery towards that level. Given the current price stability and minor fluctuations, combined with the neutral RSI readings, market sentiment appears cautious yet balanced.

Based on the technical analysis and price action, I rate PYUSD as a Hold. The current price closely mirrors its peg to the USD, and while short-term fluctuations are evident, there is no strong impetus for a bullish or bearish shift in the immediate future. Holding at this level allows investors to monitor for any significant changes in market conditions or trading volume that could influence price direction.