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Summary
• Price declined from $0.04834 to $0.04745 on strong bearish momentum and diverging volume.
• RSI and MACD signaled oversold conditions late in the session, hinting at potential short-covering.
• Key support around $0.0473–$0.0475 appears to be holding, with potential for a 61.8% Fibonacci bounce.
• Volatility expanded mid-day before retreating, with price closing near the lower Bollinger Band.
• Volume spiked during the initial decline, showing strong bear conviction early in the session.
Civic/Tether (CVCUSDT) opened at $0.04832 and closed at $0.04745, with a high of $0.04834 and low of $0.04635 during the 24-hour period. The pair saw a total volume of approximately 1,942,993.0 CVC and a notional turnover of $94,369.87.

Volatility expanded during the mid-session decline, with price reaching the lower band before a temporary rebound. Toward the end of the period, the bands tightened slightly, suggesting the potential for a breakout or continuation. The price closed near the lower Bollinger Band, maintaining bearish bias.
Looking ahead, the market appears to be testing the key support cluster around $0.0473–$0.0475, with a possible bounce into the $0.0475–$0.0476 range. However, bearish momentum remains intact, and a break below this support could trigger a retest of the recent low. Investors should watch for volume confirmation on any near-term pullbacks and remain cautious about extended consolidation.
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