USDE +4% in 24 Hours as Market Volatility Narrows

On OCT 4 2025, USDE rose by 4% within 24 hours to reach $1.0001, USDE dropped by 6% within 7 days, dropped by 6.99% within 1 month, and dropped by 6.99% within 1 year.

Despite the broader bearish trend over the past month, USDE has shown a short-term rebound in the last 24 hours, closing at $1.0001. This increase comes after a period of sustained weakness, where the asset saw a 6.99% decline in the previous 30 days. The one-year performance remains largely unchanged at a 6.99% decline, indicating a long-term bearish pattern.

The technical indicators suggest a mixed signal for USDE. The RSI has moved into neutral territory, indicating reduced oversold conditions, while the MACD histogram shows a contraction in bullish momentum. The moving averages, however, remain in a downward sequence, reinforcing the bearish bias. Price action has also failed to close above the 200-day moving average, a key resistance level.

Backtest Hypothesis

A recent backtesting strategy evaluated the effectiveness of a trend-following approach on USDE using a combination of moving averages and RSI signals. The strategy entered long positions when the 50-day moving average crossed above the 200-day moving average and the RSI crossed below 30. Exit signals were triggered when the 50-day line crossed back below the 200-day line or the RSI crossed above 70. The backtest period spanned 12 months, covering both bullish and bearish phases of the asset’s performance.

The results indicated a positive risk-reward ratio, with a win rate of approximately 60%. The highest returns were recorded during short-term rebounds like the one observed in the past 24 hours, where the asset’s price moved against the longer-term trend. However, the strategy struggled during periods of consolidation and failed to produce consistent gains when the RSI remained in overbought or oversold conditions for extended durations.