Market Overview: eCash/Tether (XECUSDT) – December 6, 2025

Summary
• Price fluctuated between $0.00001152 and $0.00001192, with a closing retreat to $0.00001183.
• Momentum turned bullish after 11:45 ET as RSI crossed 50 and volume surged.
• Bollinger Bands expanded in the final 6 hours, indicating rising volatility.
• A key resistance level appears to form near $0.00001190.
• Notional turnover spiked 3.5x at 16:45 ET, coinciding with a 0.6% price increase.

eCash/Tether (XECUSDT) opened at $0.00001164 on December 5, 2025 at 12:00 ET, reaching a high of $0.00001192 before closing at $0.00001183 on December 6, 2025 at 12:00 ET. The pair traded between $0.00001152 and $0.00001192 during the 24-hour period. Total volume was 7.9 billion XEC, with a notional turnover of $935.9 million.

Structure & Formations

The 5-minute OHLC data revealed a bearish engulfing pattern early in the session, followed by a bullish reversal after 11:45 ET. A key support level emerged around $0.00001180, where price bounced twice. Resistance at $0.00001190 was tested multiple times without a decisive break.

Moving Averages

Short-term moving averages (20/50) on the 5-minute chart showed a bullish crossover at 14:30 ET, aligning with increased volume. Longer-term averages (50/200) on the daily chart suggest a neutral to slightly bullish bias, though no strong trendline break occurred within the 24-hour window.

MACD & RSI

MACD turned positive around 11:45 ET and remained above zero until late in the session, supporting a potential short-term reversal. RSI crossed into overbought territory at $0.00001192 but pulled back below 65 by close. Momentum appears to be losing steam, suggesting a potential pullback.

Bollinger Bands

Bollinger Bands remained relatively narrow until 15:00 ET, when a sharp expansion occurred as volatility increased. Price traded near the upper band during the late ET hours, indicating growing bullish pressure, though a reversal to the lower band was observed at close.

Volume & Turnover

Volume spiked significantly after 11:45 ET and peaked at 16:45 ET with a 700 million XEC print. Notional turnover followed suit, peaking at $105 million during the same period. Price and turnover moved in tandem, validating the strength of the rally. Divergence was not observed in the final 2 hours.

Fibonacci Retracements

Fibonacci retracement levels drawn from the $0.00001152 to $0.00001192 swing showed a strong rejection at 61.8% (around $0.00001183), where price found support twice. A 38.2% retracement at $0.00001172 served as a minor resistance.

Price appears to be consolidating around key support/resistance levels, with potential for a breakout or pullback in the near term. Investors may watch for a decisive move above $0.00001190 or a retest of the $0.00001180 support. As always, sudden volume spikes or news events could disrupt expected price action.