Market Overview for Civic/Tether (CVCUSDT) - 2025-09-18

• • •
• CVCUSDT rose from $0.0883 to $0.0926, forming a bullish momentum with strong volume in the final 6 hours.
• Price tested and held above a 15-minute support at $0.0883, confirming a potential short-term trend shift.
• RSI (14) rose into overbought territory, while MACD crossed above signal, signaling bullish momentum.
• Volatility expanded with a Bollinger Band width increase, reflecting heightened trader interest.
• Turnover spiked 300% in the last 4 hours, aligning with a $0.0923–$0.0926 consolidation phase.

Civic/Tether (CVCUSDT) opened at $0.0883 on 2025-09-17 at 12:00 ET and closed at $0.0926 by 12:00 ET on 2025-09-18, with a high of $0.0932 and low of $0.0880. Total volume over the 24-hour window was 1,339,998.0 units, and notional turnover reached approximately $122,988. The pair exhibited a bullish 15-minute reversal pattern and increasing buying pressure late in the session.

Structure & Formations

The 15-minute chart showed a key support at $0.0883, where price bounced off in early ET time, forming a bullish reversal pattern. A bullish engulfing pattern occurred at $0.0884–$0.0887, confirming a short-term reversal. Later in the session, a series of higher lows and higher highs emerged between $0.0923 and $0.0926, suggesting consolidation after a sharp rally.

Moving Averages

On the 15-minute chart, the 20-period MA crossed above the 50-period MA in the final 3 hours, confirming a bullish crossover. On the daily chart, the 50-period MA remained above the 200-period MA, aligning with a longer-term bullish trend. Price is currently above both MAs, reinforcing the bullish bias.

MACD & RSI

The MACD line crossed above the signal line after 04:00 ET, indicating a shift in momentum. The histogram expanded positively over the last 6 hours, reinforcing the bullish trend. RSI (14) rose into overbought territory above 75, suggesting a potential pullback. However, the divergence between price and RSI remains minimal, indicating a strong conviction in the bullish move.

Bollinger Bands

Bollinger Band width expanded significantly in the last 6 hours, suggesting increased volatility and heightened trader participation. Price closed near the upper band at $0.0926, suggesting strong buying pressure. The mid-band is currently at $0.0919, and price remains above it, indicating a continuation of the upward trend.

Volume & Turnover

Volume spiked sharply between 02:00 and 06:00 ET, with the largest single candle at $0.0923 showing 134,697 volume units. Notional turnover also increased in tandem with the price rise, confirming the strength of the rally. Divergence between volume and price was minimal, suggesting a high degree of conviction among buyers.

Fibonacci Retracements

The recent 15-minute swing from $0.0880 to $0.0932 saw price retrace back to the 61.8% level at $0.0919, which coincided with the 50-period MA. The 38.2% level at $0.0923 acted as a key support and consolidation area. A break below $0.0893 would invalidate the bullish thesis and target $0.0883 as the next potential support.

Backtest Hypothesis

Applying a backtest strategy that enters long on a bullish engulfing pattern after a 50-period MA crossover, with a stop-loss at the 38.2% Fibonacci level and a take-profit at the 61.8% level, would have captured the 15-minute rally from $0.0884 to $0.0923. The strategy would have generated a 4.3% return on a 2-hour holding period, with a low drawdown due to the strong alignment of volume and price action.