Market Overview for eCash/Tether (XECUSDT): December 28–29, 2025

Monday, Dec 29, 2025 5:34 pm ET1min read
Aime RobotAime Summary

- XECUSDT formed a bearish engulfing pattern at 1.074e-05, consolidating into a tight range near 1.055e-05 support.

- RSI hit oversold levels (~30) while notional turnover spiked above $17.5M as buyers tested 1.053e-05 support.

- Key 1.053e-05 support aligns with 61.8% Fibonacci retracement, with potential rebound toward 1.065e-05 if buyers hold.

- Narrowing Bollinger Bands and aligned moving averages suggest neutral-to-bearish bias amid heightened volatility.

- Investors warned of breakdown risks below 1.050e-05, which could trigger broader bearish momentum.

Summary

formed a bearish engulfing pattern at 1.074e-05, followed by a consolidation into a tight range.
• Price closed near support at 1.055e-05, with RSI showing signs of oversold conditions.
• Notional turnover surged above 17,500,000 USD as buyers stepped in near 1.053e-05.

eCash/Tether (XECUSDT) opened at 1.072e-05 on December 28 at 12:00 ET, reached a high of 1.083e-05, and a low of 1.051e-05 before closing at 1.057e-05 on December 29 at 12:00 ET. Total volume for the 24-hour period was 16.4 billion XEC, and notional turnover reached ~17.5 million USD.

Structure & Moving Averages


Price carved a bearish intraday reversal near 1.074e-05, followed by a pullback toward 1.055e-05. The 5-minute 20- and 50-period moving averages have both trended downward, while daily 50/100/200 MA lines are closely aligned, suggesting a neutral to slightly bearish bias in the near term.

Momentum and Volatility


RSI dropped to oversold territory near 30, while MACD turned flat after a brief bearish crossover. Bollinger Bands narrowed in the late afternoon before expanding again, signaling heightened volatility as price approached key support.

Volume and Turnover


Volume surged during the late evening and early morning hours as price tested and bounced off the 1.053e-05–1.055e-05 range. Notional turnover spiked at 1.053e-05, indicating short-term buying interest. No divergence was observed between price and volume, supporting the validity of the recent rebound.

Key Levels and Fibonacci


Support is likely to hold near 1.053e-05, where a 61.8% Fibonacci retracement of the intraday decline aligns with key prior lows. Resistance above 1.06e-05 has shown mixed behavior, with price bouncing and breaking the level multiple times.

The price may test the 1.053e-05 support level again in the next 24 hours, with a potential rebound toward 1.065e-05 if buyers show strength. Investors should remain cautious of a breakdown below 1.050e-05, which could trigger a broader bearish move.