Ethena USDe (USDE) is currently priced at 0.999655 USD, showing a slight 24-hour change of 0.01883%. The price has fluctuated between a 24-hour high of 1.003 and a low of 0.996789, indicating a narrow daily range of 0.0062109999999999%.

The trading volume stands at 111,657,586, representing a 1.67% volume-to-market cap ratio, suggesting moderate liquidity. The hourly moving averages are mostly stable, with the 8 SMA at $0.9998 (-0.01%) and the 21 SMA at $0.9996 (+0.01%), indicating a lack of significant momentum in either direction.

The 1-hour RSI is positioned at 53, suggesting neutral market conditions, while the 7-day RSI sits at 50, reflecting a balanced trend over the past week. The price has shown positive movement over longer timeframes, with a 14-day price change of 0.086669 and a 30-day change of 0.091085, indicating a gradual upward trend.

The all-time high for USDE was recorded at 1.032 on December 20, 2023, which shows that current prices are still below previous peaks, providing potential for upward movement. However, the recent price action suggests consolidation around the $1 level, with a tendency to revert back to that point.

Given the current price stability, moderate trading volume, and the recent positive trend over longer timeframes, the outlook for USDE appears cautiously optimistic. Therefore, the rating for Ethena USDe (USDE) is a Buy, as it is poised for potential gains if it can break above the resistance at the $1 mark.