Global Dollar (USDG) is currently trading at $0.999608, reflecting a minor 24-hour change of -0.00589%. The daily price range has been tight, with a high of $0.999754 and a low of $0.999357, indicating low volatility typical of stablecoins.

The trading volume stands at approximately 28.25 million USDG, with a volume-to-market cap ratio of 1.79%. This suggests relatively stable trading activity, but the low ratio implies that USDG is not experiencing significant speculative trading pressure at this time.

Looking at the hourly moving averages, the 8 SMA is at $0.9995 with a slight upward trend of +0.01%, while longer-term averages show minimal fluctuations, indicating a range-bound market. The 1-hour RSI at 53 suggests neutrality, while the 7-day RSI at 49 indicates the asset is slightly bearish but close to a neutral stance.

In terms of price momentum, USDG has shown a slight downward trend over various time frames, with a 7-day price change of -0.0123% and a 14-day price change of -0.0062%. This consistent downtrend may reflect broader market sentiments affecting stablecoins, although the price remains stable around $1.

With an all-time high of $1.65 reached in January 2025, USDG is currently trading significantly below this mark, suggesting potential for upside if market conditions improve. However, the current metrics indicate a lack of strong buying momentum, leading to a cautious outlook.

Given the tight price action, low volatility, and bearish momentum indicators, the recommendation is to Hold USDG. The asset maintains its peg to the dollar but lacks immediate catalysts for upward movement.