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

Sunday, Dec 21, 2025 4:05 am ET1min read
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- ALCXUSDT fell to $7.79, breaking below key support at $7.85 with rising volume.

- Oversold RSI and bearish MACD divergence suggest continued downward pressure despite high volume.

- Critical support at $7.75 and resistance at $7.85 could determine near-term trend direction.

- Traders should monitor volume patterns and RSI for reversal signals in next 24 hours.

Summary
• Price dropped from $7.93 to $7.79 in 24 hours with a bearish breakdown below key support at $7.85.
• Volume surged during the decline, confirming bearish momentum with no reversal signs in candlestick patterns.
• RSI and MACD show oversold conditions, but divergence between volume and price suggests caution for near-term buyers.

Alchemix/Tether (ALCXUSDT) opened at $7.92 at 12:00 ET-1, reaching a high of $7.93 before closing at $7.79 at 12:00 ET today. The 24-hour trading range spanned $7.80 to $7.97, with total volume of 23,465.82 ALCX and turnover of $176,562.

Structure & Moving Averages


Price broke below the 50-period moving average on the 5-minute chart, confirming a shift in sentiment. The 20-period MA accelerated the downward trend, and the daily chart shows the 50-day MA at $7.89 acting as resistance.

Momentum & Volatility


The RSI hit oversold territory at 28, while MACD crossed into negative territory with bearish divergence. Bollinger Bands show moderate volatility, with price sitting near the lower band, suggesting a possible rebound or further bearish extension.

Volume and Divergences


Volume surged during the early morning decline, especially around $7.75, where the price dropped to a 24-hour low. Despite the bearish move, volume remained elevated, reinforcing the breakdown rather than signaling a reversal.

Key Patterns and Levels


A bearish engulfing pattern formed at $7.90 during the early hours of the session, followed by a series of lower lows and lower highs. Critical support is now at $7.75, with resistance retesting expected at $7.85 if a rebound occurs.

ALCXUSDT may find temporary support near $7.75, but a sustained move above $7.85 could signal a trend reversal. Traders should monitor volume behavior and RSI for signs of exhaustion or renewed bearish pressure in the next 24 hours.