Market Overview for MyNeighborAlice/Tether (ALICEUSDT) on 2025-12-13


Summary
• ALICEUSDT climbed from 0.2117 to 0.2173 on rising volume and bullish momentum.
• A 5-minute bullish engulfing pattern confirmed the breakout above 0.2150.
• RSI hit overbought territory while volume remained above the 20-period average.
• Price traded above the 20/50-period SMAs, suggesting short-term bullish bias.
• Bollinger Bands showed moderate volatility with price near the upper band during the rally.
Market Overview
MyNeighborAlice/Tether (ALICEUSDT) opened at 0.2117 on 2025-12-13 at 12:00 ET−1, reached a high of 0.2183, a low of 0.2108, and closed at 0.2176 by 12:00 ET. Total traded volume stood at 1,433,303.83 with a notional turnover of $308,964.00 over the 24-hour period.
Structure & Formations
The 5-minute chart displayed a strong bullish reversal pattern near 0.2150, confirmed by a candlestick engulfing formation. Price action broke above a key resistance cluster between 0.2144 and 0.2158, followed by a sharp rally toward 0.2180. Support at 0.2108 and 0.2126 was retested but held firm, suggesting short-term stability.
Moving Averages
ALICEUSDT closed above both the 20 and 50-period SMAs on the 5-minute chart, reinforcing the bullish bias. The 50-period SMA was crossed from below earlier in the session, indicating a potential trend shift toward the upside in the near term.
MACD & RSI
The MACD turned positive and rose into the upper half, signaling growing bullish momentum.
RSI reached 75 near the session high, approaching overbought territory. This suggests a potential pullback may be imminent, though the overall momentum remains strong.
Bollinger Bands
Volatility expanded during the rally, with price pushing toward the upper Bollinger Band multiple times. A contraction in the band width was observed just before the breakout, which often precedes a directional move. Price remains near the upper band, which could act as a short-term ceiling.
Volume & Turnover
Volume spiked above the 20-period average during the bullish breakout, confirming the move. Turnover rose in tandem with price, with no significant divergence noted. The highest volume occurred around 05:15 ET with a turnover of nearly $17,700, supporting the breakout pattern.
While the 24-hour period showed a strong upward bias with bullish momentum and volume support, traders should remain cautious. A retest of key resistances or a pullback toward 0.2150–0.2155 could offer a favorable entry point, but a failure to hold above 0.2150 may trigger a short-term correction. Investors should monitor volume behavior for confirmation of trend strength.
Descifrar patrones de mercado y desarrollar estrategias de trading rentables en el ámbito de las criptomonedas.
Latest Articles
Stay ahead of the market.
Get curated U.S. market news, insights and key dates delivered to your inbox.



Comments
No comments yet