USDT Price Performance and Relative Strength

Tether USDT

Current Price

$1.00 +0.02%

$0.0005 Daily Range (0.05%)

$0.9995$1.00

$73.05B Daily Volume

1,047,799 BTC

Vol/MktCap: 39.67%

Overbought

HTF: 58 (Resistance Zone)

Market Performance

-3.27% 0.00001434 BTC

-4.10% 0.0005 ETH

0.00% 1.00 USDT

-2.40% 0.0017 BNB

-2.89% 0.7463 XRP

150.09% Relative BTC Volume

The total volume of Tether is $73.05B over the past 24 hours, compared to $48.67B total Bitcoin volume.

Hourly Moving Average

8 SMA $0.9999 +0.01%

13 SMA $0.9998 +0.02%

21 SMA $0.9998 +0.02%

55 SMA $0.9998 +0.02%

144 SMA $0.9998 +0.02%

+0.00% 1 Hour Change

$1.00 from $1.0000

+0.08% 7 Day Change

$0.0008 from $0.9992

+0.02% 14 Day Change

$0.0002 from $0.9998

+0.00% 30 Day Change

$0.00004643 from $1.0000

July 24, 2018

$1.32 -24.42%

-$0.3223 vs. now

$184.15B Market Cap

2,641,367 BTC

24H Change

45.62M USD +0.02%

654 BTC

Total Supply: 189.62B USDT

184.15B USDT Available

97.12% circulating A lower circulating supply may increase over time, reducing scarcity and potentially causing a drop in price. A higher circulating supply is less susceptible to dilution, offering the potential for a more stable price long-term.

Relative Supply Ratio

9,475.07 x BTC Supply

+9,324 more

9,475:1 supply ratio

RSR reflects potential differences in tokenomics, such as inflation rates, utility, or burn mechanisms, which can impact long-term value and scarcity.

Relative Trade Volume

73.07B USDT traded over past 24 hours

39.68% of circulating supply A higher trade volume relative to market cap indicates strong market activity and liquidity, while a lower ratio may suggest reduced interest, lower liquidity, or potential price stagnation.

Markets and Insights

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Tether AI Market Analysis

Tether (USDT) is currently trading at $0.999992, reflecting a minor 24-hour change of 0.02428%. The daily price range has been tight, with a high of $1 and a low of $0.999508, indicating the stability typically associated with stablecoins.

Volume stands at approximately $71.6 billion, contributing to a market cap volatility ratio of 38.89%. The hourly moving averages show slight upward momentum with the 8 SMA at $0.9999, while longer-term SMAs are clustered around $0.9998, suggesting continued price stability.

The 1-hour RSI is at 75, indicating short-term overbought conditions, while the 7-day RSI at 58 points to neutrality. Price changes over various timeframes have been modest, with a 7-day increase of 0.083% and a 14-day increase of 0.031%, reflecting low volatility typical for USDT.

The all-time high for Tether remains at $1.32, recorded in July 2018, establishing a historical price ceiling that the asset has not approached in recent times. Given its peg to the US dollar, USDT's price fluctuation is expected to remain within a narrow band, consistent with its function as a stablecoin.

Based on the analysis, I rate Tether (USDT) as a Hold. The asset is stable with minimal risk of significant loss, but potential upside is limited due to its nature as a stablecoin.

Updated 123 minutes ago.