Summary
• Price tested key resistance near 0.04145, failing to hold above it.
• A bearish divergence in RSI at 0.04143 suggests weakening momentum.
• Bollinger Bands constricted early morning, followed by a sharp price breakout.
• Volume spiked during the 05:45–06:00 ET session, coinciding with a 5.8% rally.
• A 20-period moving average crossed below 0.04125, confirming a short-term bearish bias.
Civic/Tether (CVCUSDT) opened at 0.04128 on 2025-12-20 at 12:00 ET, peaked at 0.04251, and closed at 0.04056 by 12:00 ET the next day. Total volume amounted to 11,803,275.0, while turnover reached $455,801.15 over 24 hours.
Structure & Formations
The price tested resistance around 0.04145 in the morning but failed to sustain above it, forming a
bearish reversal pattern. A long lower shadow around 0.04127 in the afternoon suggested a potential short-term support. The session ended with bearish momentum, with the price closing near its intraday low.
Moving Averages
On the 5-minute chart, the 20-period moving average crossed below the 50-period line, signaling a short-term bearish bias. The daily chart showed the 50-period MA at 0.0413, slightly above the 200-period MA, indicating a neutral to mildly bullish longer-term trend.
MACD & RSI
The MACD crossed into negative territory in the afternoon, confirming bearish momentum. RSI hit 78 near 0.04251, then dropped to 32 by close, indicating overbought conditions early and a potential oversold condition at close. A bearish divergence formed as RSI peaked at 0.04143 while price continued to decline.
Bollinger Bands
Volatility contracted in the early morning as price moved tightly within the bands. The breakout that followed saw price spike upward, reaching the upper band by 06:00 ET. After this, volatility remained elevated, with price often sitting near or slightly below the middle band.
Volume & Turnover
Trading activity surged between 05:45–06:00 ET, with a 860,561.0 volume spike coinciding with the 5.8% rally. Turnover surged in tandem, reaching $455,801.15 over the session. Later, volume waned, with the price consolidating around 0.0405–0.0406, suggesting a potential exhaustion of upward buyers.
Fibonacci Retracements
Fibonacci levels drawn from the morning high at 0.04145 and low at 0.04108 showed key support at 0.04124 (23.6%) and 0.04117 (38.2%). The price held above the 38.2% level for most of the session but eventually broke below it after 13:00 ET.
CVCUSDT may test 0.0404–0.0406 as its next support area, with a potential bounce or further decline depending on buying pressure. A retest of 0.0413–0.0414 could follow if short-term buyers re-enter. Traders should remain cautious of increased volatility and risk of a deeper pullback if volume fails to confirm a rebound.
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