Ethena USDe (USDE) is currently trading at $0.998931, reflecting a modest 1.38% increase over the last 24 hours. The price movement has been relatively stable within a daily range of approximately 2.09%, with a high of $0.999991 and a low of $0.979044.

Volume stands at 238,352,170, which corresponds to 3.63% of its market cap, indicating healthy trading activity. The short-term moving averages, particularly the 8 SMA and 13 SMA, show a slight upward trend, while the longer-term SMAs suggest a more stable price environment, with the 21 SMA at $0.9957 and the 55 SMA at $0.9947.

The 1-hour RSI is at 55, indicating a neutral to slightly bullish momentum, while the 7-day RSI remains at 50, showing no significant trend in the short term. The price changes over the past 7, 14, and 30 days are negative, reflecting a slight downtrend in the mid-term despite the recent uptick.

Historically, USDE's all-time high was recorded at $1.034 on December 9, 2025, suggesting that the asset has room for growth. However, the recent negative price changes over the longer periods may indicate underlying bearish sentiment that needs to be monitored closely.

Given the current price stability, the neutral RSI indicators, and the recent slight upward movement, the recommendation for Ethena USDe (USDE) is a Hold. This rating is based on the asset's ability to maintain its price in a tight range, combined with the potential for upward movement if trading volume and market sentiment shift positively.