Market Overview for PAX Gold/Bitcoin

Generated by AI AgentTradeCipherReviewed byAInvest News Editorial Team
Thursday, Dec 11, 2025 8:29 pm ET1min read
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PAXG
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BTC
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Aime RobotAime Summary

- PAXGBTC surged above 0.04600, breaking key resistance with bullish momentum confirmed by MACD turning positive.

- Volume spiked 6 hours post-breakout to 149.9071, aligning with a 24-hour high of 0.04766 and $6.91M turnover.

- RSI at 54 and widening Bollinger Bands suggest moderate volatility, with price near upper bands for 4 hours.

- Key support at 0.04650 and resistance at 0.04775 identified, with potential to test 0.04800 if bullish momentum holds.

Summary
• Price surged above 0.04600, breaking key resistance with bullish momentum.
• MACD crossed into positive territory, confirming upward bias.
• Volume surged in the last 6 hours, coinciding with the breakout.
• RSI remains neutral at 54, suggesting room for further gains.
• Bollinger Bands show moderate expansion, indicating increasing volatility.

PAX Gold/Bitcoin (PAXGBTC) opened at 0.0456 on 2025-12-10 at 12:00 ET, surged to a 24-hour high of 0.04766, and settled at 0.04772 by 12:00 ET the next day. Total volume reached 149.9071 with $6.91 million in turnover.

Structure & Formations


Price carved a strong bullish trend through the day, with a critical breakout above 0.04600.
A bullish engulfing pattern formed around 19:45 ET, followed by a confirmed breakout on high-volume activity starting at 15:00 ET. Key support levels now appear near 0.04650, while resistance is at 0.04775.

Technical Indicators


The 20-period moving average on the 5-minute chart crossed above the 50-period line, signaling short-term bullish momentum. MACD turned positive in the final 6 hours, and RSI remains in the mid-range, indicating continued upside potential. Bollinger Bands widened, reflecting increased volatility, with price near the upper band for much of the last 4 hours.

Volume and Turnover


Volume spiked sharply after 15:00 ET, reaching peaks of 8.6834 and 5.8451 in the 15-minute and 1-hour intervals, confirming the breakout. Turnover aligned with volume, showing no signs of divergence.

Forward Outlook


With strong volume and a confirmed breakout, price could test 0.04800 in the next 24 hours. However, traders should watch for a retest of the 0.04720–0.04730 zone for possible consolidation. A drop below 0.04650 could negate the recent bullish momentum.