Global Dollar (USDG) is currently trading at $0.999975, reflecting a slight decline of 0.00527% over the past 24 hours. The price remains stable within a narrow daily range of $0.00015299999999996, with a 24-hour high of $1 and a low of $0.999847, indicating minimal volatility in the recent trading session.

The trading volume of USDG is 33,115,142, contributing to a volume-to-market cap ratio of 1.87%, which suggests moderate trading activity relative to its market capitalization. Moving averages across different time frames are clustering around the $1 mark, with the 8, 13, 21, and 55 SMA showing minor declines of approximately 0.01%, reflecting a neutral to bearish sentiment in the short term.

The 1-hour RSI stands at 46, indicating that USDG is nearing a neutral state, while the 7-day RSI of 50 suggests that the asset is neither overbought nor oversold. Price changes over the last week (-0.003988759500031%) and two weeks (-0.0058677596684627%) show a consistent but minimal downward trend, contrasting with a more positive 30-day change of 0.042966698560037%, hinting at potential recovery in the longer term.

USDG's all-time high of $1.65, reached on January 30, 2025, remains significantly above the current price, suggesting that there is considerable room for growth. However, the recent performance and technical indicators indicate that the asset is struggling to maintain its peg to $1, which is critical for a stablecoin.

Based on the current data and analysis, a Hold rating is appropriate for USDG. While there is potential for recovery in the longer term, the present indicators and price action suggest caution, as there has been a slight downward trend and lack of momentum towards reclaiming the $1 peg.