Market Overview for 0x Protocol/Tether

Generated by AI AgentAinvest Crypto Technical RadarReviewed byTianhao Xu
Monday, Dec 22, 2025 1:42 pm ET1min read
ZRX
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Aime RobotAime Summary

- ZRXUSDT formed a bullish engulfing pattern near 0.1183–0.1195, signaling potential downtrend reversal.

- Price tested 0.1181–0.1184 support multiple times, with volatility peaking at 87,381 volume during 12:15–12:30 ET.

- Bollinger Bands widened as price fluctuated between 0.1181–0.1226, while RSI (48–57) and MACD showed balanced momentum without extremes.

- Key Fibonacci levels at 0.1197 (38.2%) and 0.1210 (61.8%) acted as psychological barriers, with 0.1226 resistance showing waning buying pressure.

Summary
• Price formed a bullish engulfing pattern on the 5-minute chart near 0.1183–0.1195 range.
• Volatility expanded during the overnight session, with volume peaking at 87,381.
• RSI showed no extreme overbought/oversold readings, suggesting balanced momentum.
• Bollinger Bands widened mid-session, indicating increasing market uncertainty.
• Price found support at 0.1181–0.1184 multiple times during the 24-hour period.

0x Protocol/Tether (ZRXUSDT) opened at 0.1191 on 2025-12-21 at 12:00 ET, reached a high of 0.1226, a low of 0.1181, and closed at 0.1216 on 2025-12-22 at 12:00 ET. Total volume for the 24-hour window was 873,810, with a notional turnover of approximately $106,995.

Structure & Formations


Price action showed a key support level forming around 0.1181–0.1184, where
ZRXUSDT
tested multiple times during the overnight session.
A bullish engulfing pattern emerged at 0.1183–0.1195, indicating a potential reversal from a downtrend. Additionally, the price found resistance between 0.1223–0.1226, where buying pressure waned several times.

Moving Averages


On the 5-minute chart, the 20-period moving average moved above the 50-period line during the late morning, forming a short-term bullish crossover. For the daily chart, while longer-term averages are not directly calculable from the given data, the 24-hour close near 0.1216 suggests the price is above key moving average levels.

Momentum and Indicators


MACD showed moderate divergence but no extreme overbought or oversold conditions on the 5-minute chart. RSI remained within neutral territory throughout the 24-hour window, fluctuating between 48 and 57, indicating balanced momentum without significant exhaustion on either side.

Volatility and Bollinger Bands


Volatility expanded during the overnight session, with Bollinger Bands widening significantly as the price moved between 0.1181 and 0.1226. The price spent much of the session near the upper band in the late morning, which may signal potential consolidation or pullback.

Volume and Turnover


Volume peaked sharply at 87,381 during the 12:15–12:30 ET timeframe, coinciding with a high of 0.1226. Notional turnover was also elevated during this period. However, volume began to contract in the afternoon, suggesting waning short-term conviction.

Fibonacci Retracements


On the 5-minute chart, key Fibonacci levels at 0.1197 (38.2%) and 0.1210 (61.8%) acted as psychological support and resistance. On the daily timeframe, the 61.8% retracement of the recent swing could offer a potential target if the uptrend continues.

The price may continue to test 0.1184 as support or attempt a break above 0.1226, depending on liquidity and order flows. Traders should remain cautious of potential pullbacks if volume begins to diverge from price.