Ethena USDe USDE
Current Price
$0.9997 +0.11%
$0.0066 Daily Range (0.66%)
$0.9944$1.00
$158.92M Daily Volume
1,827 BTC
Vol/MktCap: 2.17%
Market Performance
0.22% Relative BTC Volume
The total volume of Ethena USDe is $158.92M over the past 24 hours, compared to $72.45B total Bitcoin volume.
Hourly Moving Average
8 SMA $0.9989 +0.09%
13 SMA $0.9990 +0.08%
21 SMA $0.9989 +0.09%
55 SMA $0.9988 +0.09%
144 SMA $0.9985 +0.12%
Price Performance
+0.10% 1 Hour Change
$0.9997 from $0.9988
+0.16% 7 Day Change
$0.0016 from $0.9981
+0.09% 14 Day Change
$0.0009 from $0.9989
+0.02% 30 Day Change
$0.0002 from $0.9996
All Time High
December 20, 2023
$1.03 -3.08%
-$0.0318 vs. now
24H Change
-37.24M USD -0.50%
-428 BTC
Volume and Supply
Total Supply: 7.34B USDE 
7.34B USDE Available100.00% circulating A lower circulating supply may increase over time, reducing scarcity and potentially causing a drop in price. A higher circulating supply is less susceptible to dilution, offering the potential for a more stable price long-term.
Relative Supply Ratio
367.63 x BTC Supply368:1 supply ratio
RSR reflects potential differences in tokenomics, such as inflation rates, utility, or burn mechanisms, which can impact long-term value and scarcity.
Relative Trade Volume
159.29M USDE
traded over past 24 hours
2.17% of circulating supply
A higher trade volume relative to market cap indicates strong market activity and liquidity, while a lower ratio may suggest reduced interest, lower liquidity, or potential price stagnation.
Conversion Tool
Ethena USDe AI Market Analysis
Ethena USDe (USDE) is currently trading at $0.998645, reflecting a slight decline of 0.06354% over the past 24 hours. The daily trading range has been relatively tight, with a high of $1.001 and a low of $0.994353, indicating low volatility in the short term.
Trading volume stands at 159,156,268, translating to a volume-to-market cap ratio of 2.17%, which suggests moderate liquidity. The moving averages indicate a bearish sentiment, with the 8, 13, 21, and 55 SMAs all showing slight negative changes, while the 144 SMA is marginally positive, hinting at a possible support level around $0.9985.
The 1-hour RSI is at 47, suggesting a neutral position, while the 7-day RSI at 50 reinforces this indecisiveness in the short to medium term. Price changes over various time frames show a 7-day increase of 0.11%, contrasted by a 14-day decline of 0.035% and a 30-day drop of 0.0685%, indicating potential bearish pressure in the longer term.
The all-time high for USDE was $1.032, reached on December 20, 2023, indicating room for growth but also a significant overhead resistance. Given the current technical indicators and price action, the asset appears to be in a consolidation phase, suggesting that it may not be the ideal time for aggressive buying.
In conclusion, based on the analysis of technical indicators and price trends, the recommendation for Ethena USDe is to Hold. The market shows signs of indecision, and while there is potential for upside if support levels hold, the bearish moving averages and recent price declines warrant a cautious approach.
Trading volume stands at 159,156,268, translating to a volume-to-market cap ratio of 2.17%, which suggests moderate liquidity. The moving averages indicate a bearish sentiment, with the 8, 13, 21, and 55 SMAs all showing slight negative changes, while the 144 SMA is marginally positive, hinting at a possible support level around $0.9985.
The 1-hour RSI is at 47, suggesting a neutral position, while the 7-day RSI at 50 reinforces this indecisiveness in the short to medium term. Price changes over various time frames show a 7-day increase of 0.11%, contrasted by a 14-day decline of 0.035% and a 30-day drop of 0.0685%, indicating potential bearish pressure in the longer term.
The all-time high for USDE was $1.032, reached on December 20, 2023, indicating room for growth but also a significant overhead resistance. Given the current technical indicators and price action, the asset appears to be in a consolidation phase, suggesting that it may not be the ideal time for aggressive buying.
In conclusion, based on the analysis of technical indicators and price trends, the recommendation for Ethena USDe is to Hold. The market shows signs of indecision, and while there is potential for upside if support levels hold, the bearish moving averages and recent price declines warrant a cautious approach.
Updated 134 minutes ago.
Ethena USDe Relative Price at Market Cap of:
Ethena USDe TradingView Chart
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