AInvest Newsletter
Daily stocks & crypto headlines, free to your inbox
Summary
• Price action drifted between 0.9991 and 0.9996, forming a consolidation pattern with a 61.8% retracement at 0.9993.
• Momentum weakened with RSI hovering near 50, indicating indecision and lack of clear trend strength.
• Volatility remained muted, with price consistently trading near the middle Bollinger Band.
• Volume increased in late afternoon, but turnover failed to confirm a breakout.
• A bullish engulfing pattern emerged pre-market close, hinting at potential short-term recovery.
First Digital USD/Tether (FDUSDUSDT) opened at 0.9995 at 12:00 ET - 1 and traded between 0.9991 and 0.9996 over the 24-hour period, closing at 0.9995 at 12:00 ET. The total volume was approximately 59,240,440.0 units, with a notional turnover of around 59,195,935.87 USD.

Fibonacci Retracements
A 61.8% retracement level at 0.9993 coincided with an area of intraday support, where price found multiple buyers. A break below this level could target the next Fibonacci level at 0.9990, while a close above 0.9996 could signal a potential reversal in direction.
The consolidation suggests the market is waiting for a catalyst, and the next 24 hours could bring a breakout or a test of key support/resistance levels. Investors should monitor for any divergence in volume or a clear RSI move beyond 60 to gauge momentum shifts.
Decoding market patterns and unlocking profitable trading strategies in the crypto space

Dec.31 2025

Dec.31 2025

Dec.31 2025

Dec.31 2025

Dec.31 2025
Daily stocks & crypto headlines, free to your inbox
Comments
No comments yet