$USDC – The Battle of Stablecoins in Parallel

USDC is “digging in” around the 1.0001 mark, but looking closely at the 1-hour chart, there are still a few “heart-stopping” moments around 0.9998.

Technical indicators:

Bollinger Bands: The price is touching the upper band (1.0001), the middle line (0.9999), and the lower band (0.9998) quite closely – signaling low volatility, but a spike can easily occur if the market shakes strongly.

RSI:

RSI(6): 76.50 – Overbought, may adjust slightly.

RSI(12): 63.39 – Neutral, entering the “struggle” zone.

RSI(24): 55.68 – Regaining upward momentum.

Conclusion:

USDC's volatility is very small, but do not be complacent – just one FUD or technical glitch can easily lead to “peg deviation” like the Silicon Valley Bank incident last year.