Market Overview for First Digital USD/Tether (FDUSDUSDT)

Summary
• FDUSDUSDT traded in a narrow range, consolidating between 1.0002 and 1.0017.
• Bullish momentum flagged at 1.0012–1.0017, with volume confirming strength.
• Volatility contracted overnight before a late morning expansion.
• RSI and MACD suggest moderate momentum but no overbought or oversold conditions.
• Bollinger Bands constricted mid-session before price drifted toward the upper band.

First Digital USD/Tether (FDUSDUSDT) opened at 1.0004 on 2026-01-13 at 12:00 ET, reaching a high of 1.0018 and a low of 1.0002 before closing at 1.0004 on 2026-01-14 at 12:00 ET. Total volume for the 24-hour window was 132,198,507.0, with a notional turnover of 132,311,833.08.

Structure & Formations

Price action on the 5-minute chart showed a series of bullish engulfing patterns as the market tested and held the 1.0012–1.0017 range. A key support level emerged around 1.0004–1.0006, with multiple bounces and consolidations. A potential resistance cluster formed between 1.0014 and 1.0018, with several candles failing to close above this threshold despite testing it.

Moving Averages

The 20-period and 50-period moving averages on the 5-minute chart remained in close proximity, suggesting a relatively flat trend. On the daily chart, the 50-period MA at 1.0005 and 200-period MA at 1.0003 indicated a neutral to slightly bullish bias, with price holding above both.

Momentum Indicators

The RSI stayed within the mid-range of 45–55 for most of the day, reflecting balanced buying and selling pressure. MACD lines hovered near the zero line with a narrow histogram, suggesting no strong directional bias.

Bollinger Bands

Volatility contracted overnight as the bands narrowed, then expanded during active trading hours. Price moved closer to the upper band in the early morning before retreating to the middle band in the late morning, indicating a lack of decisive momentum.

Volume & Turnover

Trading volume increased significantly during the morning hours between 05:00 and 10:00 ET, with a large 5-minute candle at 09:45 ET contributing to much of the turnover. Despite the higher volume, price action remained range-bound, suggesting mixed conviction.

Fibonacci Retracements

Key retracement levels from the recent 5-minute swing between 1.0002 and 1.0018 showed price stalling near the 61.8% level at ~1.0014, with a potential target for a deeper pullback at the 38.2% level (~1.0010). Daily retracements suggested a neutral outlook, with no clear overextended levels.

The market appears to be in a consolidation phase, with no clear breakout imminent. Price may test key support at 1.0004 and resistance at 1.0014 in the next 24 hours, but traders should remain cautious of potential divergence between volume and price.