Market Overview: Alchemix/Tether (ALCXUSDT) 24-Hour Breakout

Generated by AI AgentAinvest Crypto Technical RadarReviewed byAInvest News Editorial Team
Thursday, Dec 25, 2025 6:00 am ET1min read
ALCX
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Aime RobotAime Summary

- Alchemix/Tether (ALCXUSDT) surged 15.2% to $8.55 on 2025-12-24, breaking key resistance with 33,191.73 tokens traded.

- Volatility spiked via expanded Bollinger Bands and MACD divergence, while RSI hit overbought 80+ signaling potential pullback.

- A bullish engulfing pattern and $264,729 peak turnover at 10:15 ET confirmed institutional-driven momentum above 50-period MA.

- Key support at $7.6-7.65 and resistance near $8.15 now critical, with Fibonacci levels and volume alignment reinforcing bullish bias.

Summary
• Price surged from $7.42 to $8.55, breaking above key resistance on strong volume.
• Volatility spiked with Bollinger Band expansion and MACD histogram divergence.
• RSI overbought at 80+ signals potential short-term correction ahead.
• Large bullish engulfing pattern formed between 09:45 and 10:15 ET.
• Turnover hit $1.7M peak at 10:15 ET, aligning with 61.8% Fibonacci retracement level.

At 12:00 ET on 2025-12-24, Alchemix/Tether (ALCXUSDT) opened at $7.42, surged to a high of $8.55, and closed at $7.97 after 24 hours. Total volume reached 33,191.73 tokens, with $264,729 in turnover.

Structure & Key Levels


Price broke above the 50-period 5-min moving average and tested the 61.8% Fibonacci retracement at $8.09, which became a short-term support. A large bullish engulfing pattern formed around $7.74, followed by a sharp $0.78 move to $8.55. A key support zone now appears at $7.6–7.65, with resistance near $8.15.

Volatility and Momentum

Bollinger Bands expanded significantly during the 09:45–10:15 ET rally, reflecting heightened volatility. The RSI spiked to overbought territory (80+) by 10:15 ET, signaling potential exhaustion. MACD histogram showed strong positive divergence during the breakout but has since flattened, hinting at a pullback.

Volume and Turnover


Volume spiked to 33,191.73 tokens at 09:45 ET, coinciding with the breakout move. Notional turnover peaked at $264,729 at 10:15 ET, indicating strong institutional participation. Volume and price action are aligned, supporting the legitimacy of the move higher.

The market appears to be consolidating after the sharp move, with Fibonacci support and 50-period MA providing near-term anchors. A retest of the $7.6–7.7 consolidation range is likely, but the overall trend appears bullish if key support holds. Investors should watch for a potential pullback into the $7.65–7.70 zone before the next directional move.