USDY Price Performance and Relative Strength

Ondo US Dollar Yield USDY

Current Price

$1.12 +0.97%

$0.0200 Daily Range (1.79%)

$1.11$1.13

$112.11K Daily Volume

2 BTC

Vol/MktCap: 0.01%

Support Zone

HTF: 49 (Neutral)

Market Performance

+0.48% 0.00001674 BTC

+1.16% 0.0005 ETH

+0.97% 1.12 USDT

+1.28% 0.8485 XRP

+0.54% 0.0019 BNB

0.00% Relative BTC Volume

The total volume of Ondo US Dollar Yield is $112.11K over the past 24 hours, compared to $22.69B total Bitcoin volume.

Hourly Moving Average

8 SMA $1.12 -0.33%

13 SMA $1.12 -0.34%

21 SMA $1.12 -0.34%

55 SMA $1.12 -0.32%

144 SMA $1.12 -0.28%

-0.45% 1 Hour Change

$1.12 from $1.13

+0.21% 7 Day Change

$0.0024 from $1.12

+0.15% 14 Day Change

$0.0017 from $1.12

+2.17% 30 Day Change

$0.0242 from $1.10

March 27, 2024

$1.26 -10.92%

-$0.1376 vs. now

$1.32B Market Cap

19,669 BTC

24H Change

794.85K USD +0.06%

12 BTC

Total Supply: 1.88B USDY

1.17B USDY Available

62.06% 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

94.17 x BTC Supply

94:1 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

100.10K USDY traded over past 24 hours

0.01% 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

Web Search

Conversion Tool

Ondo US Dollar Yield AI Market Analysis

Ondo US Dollar Yield (USDY) is currently priced at $1.13, showing a slight 24-hour change of 0.06988%. The daily price range has been narrow, fluctuating between a low of $1.11 and a high of $1.13, indicating stability within this trading period.

The trading volume stands at 795,711, translating to a low volume-to-market cap ratio of 0.06%. This suggests limited market activity, which could be a sign of reduced investor interest or a consolidation phase.

The hourly moving averages are all clustered around $1.12, with minimal upward slopes ranging from +0.55% to +0.61%. The 1-hour RSI at 65 indicates that USDY is approaching overbought territory, while the 7-day RSI at 50 suggests that it is neither overbought nor oversold over a longer timeframe.

In terms of price momentum, USDY has shown positive gains over the past 7 days (0.57%), 14 days (1.06%), and 30 days (2.29%). However, despite this upward trend, the price remains significantly below its all-time high of $1.26 reached in March 2024.

Considering the current price levels, technical indicators, and market sentiment, the data suggests that USDY is in a consolidation phase with the potential for slight upward movement. However, the low trading volume and proximity to overbought conditions warrant caution.

Based on this analysis, a Hold rating is appropriate. Investors should monitor for increased volume and potential breakout levels before considering a Buy.

Updated 257 minutes ago.