Ethena USDe (USDE) is currently trading at $0.998905, reflecting a minor 24-hour price change of 0.02625%. The asset has experienced a daily price range between $0.997976 and $0.999081, indicating low volatility with a daily range of only 0.001105%.

The trading volume for the last 24 hours stands at approximately 71,299,116 USDE, with a volume-to-market cap ratio of 1.09%. This suggests a relatively stable trading environment, though the low volatility could indicate a lack of strong market sentiment currently.

Short-term moving averages show a slight bullish trend, with the 8, 13, and 21-period SMAs all registering marginal increases around $0.9987 to $0.9988. In contrast, the 55-period SMA is essentially flat at $0.9988, while the 144-period SMA is slightly bearish at $0.9997, indicating potential resistance at this level.

The 1-hour Relative Strength Index (RSI) is at 60, suggesting that the asset is approaching overbought conditions in the short term. However, the 7-day RSI at 45 indicates that USDE is nearing the lower end of its trading range, which could signal potential upward momentum if buying interest increases.

Over the last 7 days, USDE has seen a price decline of approximately 0.34%, while the 14-day change is marginally negative at -0.03%. The 30-day price change of 0.038 suggests a slight recovery trend, although it may not be strong enough to indicate a definitive bullish reversal.

The all-time high for USDE was recorded at $1.034 on December 9, 2025, suggesting significant resistance lies above the current price. For investors looking for potential upside, the current price point presents a unique opportunity to enter, especially if the market begins to exhibit increased volatility.

Based on the technical indicators and market sentiment, the rating for Ethena USDe (USDE) is a Hold. The asset's short-term indicators show potential for upward movement, but the longer-term trends and RSI suggest caution as it approaches resistance levels.