Market Overview: Across Protocol/Tether (ACXUSDT)
Summary
• Price formed a bullish flag pattern near 0.0535–0.0540.
• Momentum picked up after 19:45 ET with a 0.5% rally on high volume.
• Volatility expanded as price moved outside Bollinger Bands.
• Turnover surged 328% in last 3 hours, confirming bullish conviction.
• RSI reached overbought levels near 70, suggesting potential pullback risk.
Across Protocol/Tether (ACXUSDT) opened at 0.0520 on 2026-01-02 12:00 ET, reached a high of 0.0540, and closed at 0.0530 by 2026-01-03 12:00 ET. The total volume over 24 hours was 1,080,344.7, with a turnover of 55,568.67.
Structure & Formations
Price formed a bullish flag consolidation from 0.0535–0.0540 after a sharp 0.76% rise driven by strong volume in the last 3 hours. A key support level appears to be forming at 0.0530, with a doji forming at 05:45 ET hinting at indecision.
Moving Averages
On the 5-minute chart, the 20-period SMA crossed above the 50-period SMA early in the session, forming a bullish crossover. Daily MAs show price remains above the 100- and 200-period lines, suggesting intermediate-term support.
MACD & RSI
The MACD turned positive after 19:45 ET and showed strong histogram divergence, confirming the bullish move. RSI entered overbought territory near 70, signaling caution for a possible retracement in the short term. Bollinger Bands
Volatility expanded as price pushed above the upper Bollinger Band by ~0.0540. The 20-period standard deviation increased from 0.0002 to 0.0004, showing growing trader activity and directional bias.
Volume & Turnover
Volume surged to 292,655.3 at 19:45 ET, coinciding with a sharp move from 0.0527 to 0.0533. Turnover rose in tandem, peaking at 15,541.40 during the same period, supporting the bullish conviction.
Fibonacci Retracements
A 61.8% Fib retracement level was briefly tested near 0.0535 during the rally, with the price holding above it into close. On the daily chart, the 38.2% Fib level at 0.0538 may offer near-term resistance.
The market appears to be testing the 0.0530–0.0540 range for potential consolidation ahead of a next move. While bullish momentum is strong, traders should watch for a pullback to 0.0530 or a breakdown below that level for cautionary signals. Price could encounter near-term resistance at 0.0540 or 0.0542, with risks leaning toward volatility in the next 24 hours.
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