Tether (USDT) is currently priced at $0.999628, exhibiting a slight 24-hour change of 0.0035%. The daily price range has been tight, with a high of $0.999849 and a low of $0.999426, indicating strong price stability typical for a stablecoin.

Trading volume stands at approximately $59.62 billion, representing a significant 32.47% of the market cap, suggesting active market participation. The hourly moving averages reveal a consistent price close to $0.9997, with negligible fluctuations across various timeframes, indicating that USDT remains anchored to its peg against the USD.

The 1-hour Relative Strength Index (RSI) at 58 signals a neutral to slightly bullish sentiment in the short term, while the 7-day RSI of 52 indicates no strong directional movement over the past week. Additionally, price changes over the past 14 and 30 days are positive, at approximately 0.1588% and 0.0172%, respectively, reflecting stable demand and usage in the crypto market.

Despite being a stablecoin, Tether's all-time high of $1.32 from July 2018 underscores its historical volatility, although current price behavior suggests it remains firmly pegged to the dollar. Given the tight price action, steady volume, and lack of significant RSI divergence, USDT is expected to maintain its current level without substantial upward or downward pressure.

Overall, the data suggests that Tether continues to function effectively as a stable digital asset. Given the stability in price and the nature of USDT as a stablecoin, a Buy rating is warranted for those seeking a reliable asset for trading or holding in a volatile market.