AInvest Newsletter
Daily stocks & crypto headlines, free to your inbox


Summary
• Price tested key support levels around 0.420–0.422 and failed to break below.
• Strong bearish momentum observed in RSI and MACD divergence.
• Volatility expanded following a sharp drop in the early hours.
• Volume surged during downward moves, confirming bearish sentiment.
• Fibonacci retracement levels indicate possible bounce near 0.423–0.425.
Cardano/Tether (ADAUSDT) opened at 0.4633, peaked at 0.471, and fell to a 24-hour low of 0.4142 before closing at 0.4129 at 12:00 ET. Total volume reached 227.7 million, with turnover hitting $104.9 million over the period.
Structure & Formations
Price action revealed a bearish breakdown from a key support zone around 0.420–0.422, which was tested multiple times but not decisively broken. A long bearish candle at 0.4142 with a lower shadow suggests aggressive selling at those levels. A potential bullish reversal pattern emerged near 0.423–0.425, which could signal a short-term bounce if bulls take control.
Moving Averages
The 20-period and 50-period moving averages on the 5-minute chart remained bearish, with price staying below both. On the daily chart, price is below the 50, 100, and 200-period moving averages, reinforcing a longer-term downtrend.
MACD & RSI
The RSI moved into oversold territory during the late hours, hovering near 25–30, which could suggest a short-term rebound. However, MACD showed a bearish crossover, with both lines and the histogram declining, pointing to ongoing selling pressure.
Bollinger Bands
Volatility expanded significantly after a period of consolidation in the midday hours. Price traded near the lower Bollinger band at 0.4142–0.420, signaling possible oversold conditions. A break above the midline could indicate a temporary reversal.
Volume & Turnover
Volume spiked during the sharp decline in the early morning, matching the downward price action and reinforcing the bearish move. Turnover also rose in line with price, indicating strong conviction in the sell-off. No significant divergence was observed between volume and price.
Fibonacci Retracements
Recent 5-minute swings highlight a 0.423–0.425 Fibonacci level as potential near-term support. On the daily chart, the 61.8% retracement level is near 0.417–0.420, which may offer some resistance on a rebound.
Price may test 0.415–0.420 in the next 24 hours and could see a bounce if bulls take control. However, a failure to hold above 0.4142 could lead to further downside. Investors should remain cautious of potential volatility and watch for confirmation from key levels.
Decoding market patterns and unlocking profitable trading strategies in the crypto space

Dec.13 2025

Dec.13 2025

Dec.13 2025

Dec.13 2025

Dec.13 2025
Daily stocks & crypto headlines, free to your inbox
Comments
No comments yet