Market Overview: IDEX/Tether (IDEXUSDT) as of 2025-12-31

Generated by AI AgentAinvest Crypto Technical RadarReviewed byAInvest News Editorial Team
Wednesday, Dec 31, 2025 9:41 am ET1min read
IDEX
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Aime RobotAime Summary

- IDEX/Tether (IDEXUSDT) fell to 0.00882 from 0.00938 amid sustained bearish momentum and bearish engulfing patterns.

- Key support at 0.00891-0.00885 faces pressure as RSI nears oversold 35 and MACD shows bearish divergence.

- Volatility remains elevated with price testing Bollinger Band lows at 0.00872, while volume-turnover divergence hints at potential reversal.

Summary
• Price declined from 0.00938 to 0.00882 on 24-hour 5-min data.
• Volatility remained elevated with consistent range-bound activity after 05:00 ET.
• Volume and turnover show mild divergence as price nears recent support.
• RSI and MACD indicate potential bearish exhaustion at 30–35 level.
• A key 0.00891–0.00885 support zone appears under pressure.

Market Overview

IDEX/Tether (IDEXUSDT) opened at 0.00938 on December 30 at 12:00 ET and closed at 0.00882 on December 31 at 12:00 ET, with a high of 0.00938 and a low of 0.00872. The 24-hour trading volume amounted to 9,138,593.4 and notional turnover reached 81,517.5 USDT.

Structure & Formations

The price action shows a consistent bearish bias with multiple bearish engulfing patterns forming between 16:00 and 20:00 ET. A critical support level appears near the 0.00891–0.00885 range, which has been tested multiple times with diminishing downside momentum. A bullish reversal may emerge if this support level holds, though a breakdown below 0.00882 could expose further downside.

Moving Averages

On the 5-minute chart, price has remained below both the 20 and 50-period moving averages, reinforcing the short-term bearish trend. On the daily chart, the 50-period MA appears to be catching support, though it has not confirmed a reversal as of yet.

Momentum and Overbought/Oversold Conditions

The RSI has remained in oversold territory for most of the 24-hour period, reaching levels below 35 at several points. This suggests possible exhaustion in the bearish momentum. The MACD has also shown a narrowing histogram with bearish divergence, but a potential flattening may signal a near-term pause in the downward move.

Volatility and Bollinger Bands

Volatility remained steady, with the price spending most of the day inside the Bollinger Band channels. A contraction in band width occurred around 05:00–08:00 ET, suggesting a potential breakout or reversal could follow. Price appears to have broken below the lower band near 0.00872, which may need to be confirmed by further action.

Fibonacci Retracements

Applying Fibonacci levels to the recent swing from 0.00938 to 0.00872, the 61.8% retracement is at approximately 0.00906, where some consolidation occurred. A test of the 38.2% retracement at around 0.00899 was unsuccessful, and the price appears to be heading toward the 23.6% level at 0.00886.

IDEX/Tether appears to be stabilizing near critical support levels, and a bounce from 0.00882–0.00885 may be in play. However, the risk of a breakdown remains, particularly if volume surges again and confirms bearish momentum. Investors should closely monitor the 0.00885 level over the next 24 hours for a potential turning point.