Market Overview for Qtum/Tether (QTUMUSDT) on 2025-12-13

Summary
• QTUMUSDT traded between $1.383 and $1.789, forming a bullish engulfing pattern near $1.408.
• Momentum accelerated with a 5-minute RSI spike above 70, indicating overbought conditions.
• A sharp volume surge of 1,152,447.5 occurred at 01:45 ET, coinciding with a sharp 37.5% price jump.
• Price retested the 1.415–1.420 Fibonacci 61.8% level, with mixed follow-through.
• Volatility expanded through the 01:45 ET–02:30 ET period, as Bollinger Bands widened.

Qtum/Tether (QTUMUSDT) opened at $1.385 on 2025-12-12 at 12:00 ET, reached a high of $1.789, touched a low of $1.383, and closed at $1.517 on 2025-12-13 at 12:00 ET. The 24-hour volume was 1,136,900 units, with total turnover of approximately $1,704,000.

Structure & Formations

The price action revealed a strong bullish engulfing pattern at $1.408 on the 5-minute chart, signaling a potential short-term reversal. This pattern was followed by a consolidation phase as the pair tested key Fibonacci levels from the morning rally. A notable doji formed at 02:15 ET, suggesting indecision before price resumed its upward bias. The 1.415–1.420 level acted as a key Fibonacci 61.8% retracement from the earlier swing high and showed mixed follow-through.

Moving Averages

On the 5-minute chart, the 20-period moving average crossed above the 50-period line (golden cross) around $1.408, reinforcing the bullish momentum. For the daily timeframe, the 50-period MA was above the 100 and 200-period lines, indicating a longer-term bullish trend.

MACD & RSI

The MACD histogram showed a large positive bar at $1.408, confirming strong bullish momentum. The 5-minute RSI peaked above 70, suggesting overbought conditions, while the 14-period RSI remained elevated, signaling continued upward pressure.

Bollinger Bands

Volatility surged as price broke out of a narrow Bollinger Band contraction around 01:45 ET, expanding the bands significantly by 02:00 ET. Price remained above the upper band for several periods, showing strong momentum before pulling back to mid-band levels.

Volume & Turnover

Volume spiked dramatically at 01:45 ET with a surge of 1,152,447.5 units and a notional turnover of approximately $1.72 million, aligning with the breakout from $1.417 to $1.561. This was followed by a sharp but smaller volume pullback, indicating initial profit-taking.

Fibonacci Retracements

Key Fibonacci levels from the morning swing high to the afternoon low included 38.2% at $1.493 and 61.8% at $1.415. The 61.8% level was retested twice, with the second retest at $1.417 showing weaker follow-through.

In the next 24 hours, QTUMUSDT may test the $1.515–$1.530 range, where key moving averages and Fibonacci levels align. Investors should watch for a potential pullback to the $1.493–$1.485 zone for reentry opportunities. As with any high-volatility asset, rapid reversals remain a risk if volume wanes or momentum diverges.