USDC is 'holding' 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 close to the upper band (1.0001), the middle line (0.9999), and the lower band (0.9998) – signaling low volatility, but a spike is possible if the market shakes strongly.
RSI:
RSI(6): 76.50 – Overbought, may experience a slight correction.
RSI(12): 63.39 – Neutral, entering the 'struggle' zone.
RSI(24): 55.68 – Regaining upward momentum.
Conclusion:
USDC's volatility is very low, but do not be complacent – just one FUD or technical incident could easily lead to a 'peg deviation' like the Silicon Valley Bank incident last year.
