Market Overview: Ethereum Classic/Tether (ETCUSDT) on 2026-01-13

Generated by AI AgentAinvest Crypto Technical RadarReviewed byAInvest News Editorial Team
Tuesday, Jan 13, 2026 12:46 pm ET1min read
ETC
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USDT
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Aime RobotAime Summary

- Ethereum Classic/Tether (ETCUSDT) surged past $12.62 resistance to a 24-hour high of $13.18 amid strong volume and a bullish engulfing pattern.

- RSI approached overbought levels (68) on 5-minute charts while MACD showed positive divergence, confirming sustained buying pressure.

- Bollinger Bands expanded with price near upper bands, and $89k 30-minute turnover signaled potential institutional participation.

- Price reached 61.8% Fibonacci retracement at $13.08, with 78.6% level ($13.50) now a key near-term target for further bullish momentum.

Summary
• Price surged past key resistance to a 24-hour high of $13.08 amid strong volume.
• A bullish engulfing pattern emerged on the 5-minute chart following a deep consolidation phase.
• Momentum accelerated with RSI approaching overbought territory and MACD showing positive divergence.
• Bollinger Bands expanded as volatility spiked, with price near the upper band in the final hours.
• Turnover reached $1.93 million in the last 15-minute window, indicating heightened institutional interest.

Price and Volume Summary


Ethereum Classic/Tether (ETCUSDT) opened at $12.42 on 2026-01-12 12:00 ET, surged to a 24-hour high of $13.18, and closed at $13.16 on 2026-01-13 12:00 ET. The pair recorded a total volume of 83,235.88 and a notional turnover of $1,045,668.07 over the 24-hour period.

Structure and Momentum


The price broke above a critical resistance level near $12.62, forming a bullish engulfing pattern at the start of the upward move. This was followed by a strong rally through $13.08, confirming multi-timeframe strength. RSI surged to 68 on the 5-minute chart, indicating strong momentum but nearing overbought territory. MACD showed a positive divergence with the price, suggesting ongoing buying pressure.

Volatility and Volume


Bollinger Bands expanded significantly during the final hours of the session, reflecting increased volatility. The price spent much of the session near the upper band, especially after 16:00 ET, indicating strong directional bias. Volume spiked in the last 30 minutes, with over 6,772.53 units traded and $89,070.41 in turnover. This suggests potential institutional entry or confirmation of the breakout.

Fibonacci and Key Levels


The final leg of the move reached the 61.8% Fibonacci retracement level of a recent 5-minute swing, reinforcing the bullish narrative. Daily Fibonacci levels will now be watched for further confirmation or consolidation, with the 78.6% level at approximately $13.50 becoming a near-term target.

Ethereum Classic/Tether appears to be building a strong bullish case, driven by a breakout, volume confirmation, and technical alignment. However, traders should remain cautious as overbought conditions may invite short-term profit-taking or consolidation before the next leg.