Ondo US Dollar Yield USDY
Current Price
$1.11 +0.43%
$0.0450 Daily Range (4.05%)
$1.07$1.11
$2.08M Daily Volume
22 BTC
Vol/MktCap: 0.30%
Market Performance
0.00% Relative BTC Volume
The total volume of Ondo US Dollar Yield is $2.08M over the past 24 hours, compared to $54.08B total Bitcoin volume.
Hourly Moving Average
8 SMA $1.10 +0.78%
13 SMA $1.10 +0.58%
21 SMA $1.10 +0.65%
55 SMA $1.10 +0.50%
144 SMA $1.10 +0.52%
Price Performance
+0.35% 1 Hour Change
$1.11 from $1.11
-0.08% 7 Day Change
-$0.0009 from $1.11
+0.80% 14 Day Change
$0.0089 from $1.10
+0.59% 30 Day Change
$0.0066 from $1.10
All Time High
March 27, 2024
$1.26 -12.28%
-$0.1547 vs. now
24H Change
2.97M USD +0.43%
32 BTC
Volume and Supply
Total Supply: 632.41M USDY 
622.82M USDY Available98.48% 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
31.68 x BTC Supply32:1 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
1.91M USDY
traded over past 24 hours
0.31% 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.
Conversion Tool
Ondo US Dollar Yield AI Market Analysis
Ondo US Dollar Yield (USDY) is currently trading at $1.10, reflecting a slight decline of 0.2405% over the past 24 hours. The daily range has been relatively tight, with a high of $1.11 and a low of $1.065, indicating low volatility during this period.
The trading volume stands at approximately 1.4 million, representing 0.20% of the market cap, which suggests limited liquidity. Hourly moving averages are clustering around $1.10, with the 8, 13, and 21-period SMAs showing minimal declines, but the longer-term 55 and 144-period SMAs indicate more significant downward pressure, suggesting potential bearish sentiment.
The 1-hour and 7-day Relative Strength Index (RSI) is currently at 49, which indicates that the asset is neither overbought nor oversold. Furthermore, the 7-day price change of -0.66% and the 14-day change of -0.37% reflect a bearish trend, while the 30-day price change of 0.49% shows some recovery potential.
USDY's all-time high of $1.26 was reached on March 27, 2024, creating a significant resistance level. Given the current price proximity to the all-time high, market sentiment will likely be influenced by any developments in yield performance and overall market conditions.
Considering the technical indicators, the current price action around the moving averages, and the lack of momentum reflected in the RSI, the outlook remains cautious. Therefore, a Hold rating is warranted as the asset stabilizes around $1.10, with potential for upward movement if market conditions improve or a breakthrough occurs above $1.11.
The trading volume stands at approximately 1.4 million, representing 0.20% of the market cap, which suggests limited liquidity. Hourly moving averages are clustering around $1.10, with the 8, 13, and 21-period SMAs showing minimal declines, but the longer-term 55 and 144-period SMAs indicate more significant downward pressure, suggesting potential bearish sentiment.
The 1-hour and 7-day Relative Strength Index (RSI) is currently at 49, which indicates that the asset is neither overbought nor oversold. Furthermore, the 7-day price change of -0.66% and the 14-day change of -0.37% reflect a bearish trend, while the 30-day price change of 0.49% shows some recovery potential.
USDY's all-time high of $1.26 was reached on March 27, 2024, creating a significant resistance level. Given the current price proximity to the all-time high, market sentiment will likely be influenced by any developments in yield performance and overall market conditions.
Considering the technical indicators, the current price action around the moving averages, and the lack of momentum reflected in the RSI, the outlook remains cautious. Therefore, a Hold rating is warranted as the asset stabilizes around $1.10, with potential for upward movement if market conditions improve or a breakthrough occurs above $1.11.
Updated 279 minutes ago.
Ondo US Dollar Yield Relative Price at Market Cap of:
Ondo US Dollar Yield TradingView Chart
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