Ethena USDe USDE
Current Price
$0.9991 +0.04%
$0.0066 Daily Range (0.67%)
$0.9944$1.00
$163.06M Daily Volume
1,873 BTC
Vol/MktCap: 2.24%
Market Performance
0.25% Relative BTC Volume
The total volume of Ethena USDe is $163.06M over the past 24 hours, compared to $65.71B total Bitcoin volume.
Hourly Moving Average
8 SMA $0.9990 +0.02%
13 SMA $0.9989 +0.02%
21 SMA $0.9989 +0.02%
55 SMA $0.9989 +0.03%
144 SMA $0.9986 +0.05%
Price Performance
+0.04% 1 Hour Change
$0.9991 from $0.9988
+0.08% 7 Day Change
$0.0008 from $0.9983
-0.02% 14 Day Change
-$0.0002 from $0.9993
-0.01% 30 Day Change
-$0.0001 from $0.9993
All Time High
December 20, 2023
$1.03 -3.19%
-$0.0330 vs. now
24H Change
-53.57M USD -0.73%
-615 BTC
Volume and Supply
Total Supply: 7.30B USDE 
7.30B 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
365.76 x BTC Supply366:1 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
163.43M USDE
traded over past 24 hours
2.24% 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 $0.999092, reflecting a slight decrease of 0.03695% over the past 24 hours. The price has fluctuated between a high of $1.001 and a low of $0.994353, indicating a daily range of approximately 0.67%, suggesting limited volatility in the short term.
The trading volume of 171,553,237 indicates a robust level of market activity, with a volume-to-market cap ratio of 2.35%. The hourly moving averages indicate stability, with the 8, 13, and 21 SMAs all positioned at $0.9989, demonstrating minor positive momentum, while the 144 SMA is slightly lower at $0.9986, reflecting a marginal bullish trend.
Momentum indicators are neutral, with the 1-hour RSI at 51 and the 7-day RSI also at 51, suggesting no overbought or oversold conditions currently exist. Over the past week, the price has appreciated by approximately 0.12%, while the 14-day change shows a minimal gain of 0.006%, contrasting with a more significant decline of 5.41% over the past 30 days.
The all-time high for USDE stands at $1.032, reached on December 20, 2023, indicating potential resistance around that level. The recent price action and relative stability suggest that the asset is consolidating around the $1 mark, which may act as a psychological support.
Given the current price stability, neutral momentum indicators, and recent slight positive price changes, I recommend a **Hold** position for Ethena USDe (USDE). This strategy allows for monitoring potential upward movements while avoiding the risks associated with a bearish market sentiment.
The trading volume of 171,553,237 indicates a robust level of market activity, with a volume-to-market cap ratio of 2.35%. The hourly moving averages indicate stability, with the 8, 13, and 21 SMAs all positioned at $0.9989, demonstrating minor positive momentum, while the 144 SMA is slightly lower at $0.9986, reflecting a marginal bullish trend.
Momentum indicators are neutral, with the 1-hour RSI at 51 and the 7-day RSI also at 51, suggesting no overbought or oversold conditions currently exist. Over the past week, the price has appreciated by approximately 0.12%, while the 14-day change shows a minimal gain of 0.006%, contrasting with a more significant decline of 5.41% over the past 30 days.
The all-time high for USDE stands at $1.032, reached on December 20, 2023, indicating potential resistance around that level. The recent price action and relative stability suggest that the asset is consolidating around the $1 mark, which may act as a psychological support.
Given the current price stability, neutral momentum indicators, and recent slight positive price changes, I recommend a **Hold** position for Ethena USDe (USDE). This strategy allows for monitoring potential upward movements while avoiding the risks associated with a bearish market sentiment.
Updated 388 minutes ago.
Ethena USDe Relative Price at Market Cap of:
Ethena USDe TradingView Chart
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