Ethena USDe USDE
Current Price
$0.9984 +0.08%
$0.0043 Daily Range (0.43%)
$0.9967$1.00
$156.14M Daily Volume
1,727 BTC
Vol/MktCap: 2.01%
Market Performance
0.18% Relative BTC Volume
The total volume of Ethena USDe is $156.14M over the past 24 hours, compared to $85.80B total Bitcoin volume.
Hourly Moving Average
8 SMA $0.9986 -0.02%
13 SMA $0.9986 -0.02%
21 SMA $0.9985 -0.01%
55 SMA $0.9984 -0.00%
144 SMA $0.9986 -0.02%
Price Performance
-0.02% 1 Hour Change
$0.9984 from $0.9986
-0.05% 7 Day Change
-$0.0005 from $0.9989
-0.09% 14 Day Change
-$0.0009 from $0.9993
-0.06% 30 Day Change
-$0.0006 from $0.9990
All Time High
December 20, 2023
$1.03 -3.24%
-$0.0335 vs. now
24H Change
-54.89M USD -0.70%
-607 BTC
Volume and Supply
Total Supply: 7.78B USDE 
7.78B 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
389.80 x BTC Supply390:1 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
156.32M USDE
traded over past 24 hours
2.01% 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 priced at $0.998772, with a slight increase of 0.12675% over the last 24 hours. The trading range has been relatively tight, with a high of $1.001 and a low of $0.996096, indicating stable price action within a narrow band.
Volume for the past 24 hours stands at 207,022,498, translating to a volume/market cap ratio of 2.65%. This suggests that trading activity is substantial relative to the market capitalization, which could indicate a healthy level of liquidity.
Technical indicators show that the hourly moving averages are closely clustered around the current price, with the 8 SMA at $0.9985, the 13 SMA at $0.9984, and the 21 SMA also at $0.9984. This convergence indicates a lack of momentum, as the price is hovering near these short-term averages, reflecting indecision among traders.
Both the 1-hour and 7-day Relative Strength Index (RSI) are neutral at 50, suggesting that the asset is neither overbought nor oversold at present. However, the 30-day price change of -0.11216485266546 indicates a longer-term bearish trend, contrasting with recent positive movements in the shorter time frames.
The recent high of $1.032, reached on December 20, 2023, remains a critical resistance level, while the current price is slightly below the $1 mark, which may act as psychological support. Sustaining above $1 could signal a potential reversal, while failure to do so may lead to retests of lower levels.
Given the current market conditions, including the stability in price and the lack of strong momentum signals from the RSI, a cautious approach is warranted. Therefore, a Hold rating is recommended, as traders should monitor for further developments, particularly a breakout above the $1 level or a confirmation of support near the recent lows.
Volume for the past 24 hours stands at 207,022,498, translating to a volume/market cap ratio of 2.65%. This suggests that trading activity is substantial relative to the market capitalization, which could indicate a healthy level of liquidity.
Technical indicators show that the hourly moving averages are closely clustered around the current price, with the 8 SMA at $0.9985, the 13 SMA at $0.9984, and the 21 SMA also at $0.9984. This convergence indicates a lack of momentum, as the price is hovering near these short-term averages, reflecting indecision among traders.
Both the 1-hour and 7-day Relative Strength Index (RSI) are neutral at 50, suggesting that the asset is neither overbought nor oversold at present. However, the 30-day price change of -0.11216485266546 indicates a longer-term bearish trend, contrasting with recent positive movements in the shorter time frames.
The recent high of $1.032, reached on December 20, 2023, remains a critical resistance level, while the current price is slightly below the $1 mark, which may act as psychological support. Sustaining above $1 could signal a potential reversal, while failure to do so may lead to retests of lower levels.
Given the current market conditions, including the stability in price and the lack of strong momentum signals from the RSI, a cautious approach is warranted. Therefore, a Hold rating is recommended, as traders should monitor for further developments, particularly a breakout above the $1 level or a confirmation of support near the recent lows.
Updated 596 minutes ago.
Ethena USDe Relative Price at Market Cap of:
Ethena USDe TradingView Chart
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