USDE +4% in 24 Hours Amid Market Volatility

On SEP 26 2025, USDE rose by 4% within 24 hours to reach $1.0001, while experiencing a 3% drop over the past seven days and a 7.99% decline over the last month and year. The stablecoin's recent 24-hour gain reflects a notable reversal amid broader market volatility.

Technical indicators suggest a consolidation pattern has formed around the $1.00 level, with the 20-period and 50-period moving averages converging closely. The RSI stands at 55, indicating a neutral momentum phase. Analysts project that continued trading within this range may signal a temporary pause in bearish pressure, although further upward momentum remains contingent on broader market sentiment and liquidity dynamics.

The 14-day ATR reading has fallen to 0.0003, pointing to reduced short-term volatility. This is in contrast to the previous week’s elevated readings, suggesting market participants may be entering a more cautious phase. On-chain data reveals a 12% increase in the number of unique wallets holding USDE over the past 48 hours, potentially signaling renewed interest from retail investors.

Backtest Hypothesis
The proposed backtesting strategy aims to evaluate the efficacy of a mean-reversion model based on the 20-period and 50-period moving average crossover. Using historical price data, the model would initiate a long position when the 20-period moving average crosses above the 50-period moving average and exit when the opposite occurs. Stops would be placed at 1.5 times the 14-day ATR, while take-profit levels would target a 1:2 risk-to-reward ratio. The hypothesis posits that the strategy would have generated positive returns over the last 12 months, particularly during periods of consolidation and limited volatility. Further testing is required to assess performance during high-impact macroeconomic events.