Market Overview for Qtum/Tether (QTUMUSDT)

Generated by AI AgentAinvest Crypto Technical RadarReviewed byAInvest News Editorial Team
Saturday, Jan 3, 2026 1:03 pm ET1min read
QTUM
--
Aime RobotAime Summary

- Qtum/Tether (QTUMUSDT) consolidates between 1.36-1.39 after a sharp correction, with RSI in neutral territory.

- Early-session volume surged alongside a downward move, while a bullish engulfing pattern at 1.38 hints at renewed buying interest.

- Bollinger Bands show increased volatility as price tests boundaries, with key support at 1.365 and resistance at 1.394.

- 5-minute moving averages indicate short-term bearish bias, but daily averages suggest ongoing consolidation without strong directional momentum.

Summary
• Price consolidates between 1.36 and 1.39 after a sharp intraday correction.
• RSI remains in neutral territory, suggesting potential for either continuation or reversal.
• Volume surged during the early session break, aligning with the downward move.
• A bullish engulfing pattern appears near 1.38, hinting at potential buying interest.
• Volatility increased as price tested the upper and lower bounds of Bollinger Bands.

Qtum/Tether (QTUMUSDT) opened at 1.377 on 2026-01-02 12:00 ET and closed at 1.366 on 2026-01-03 12:00 ET, hitting a high of 1.394 and a low of 1.355. Total volume reached 199,965.9 and turnover amounted to 268,643.19 USDT.

Structure & Formations


Price action over the past 24 hours displayed a corrective consolidation phase, particularly between 1.36 and 1.39, following a short-lived rally. A bullish engulfing pattern emerged around 1.38 after a bearish candle closed at 1.376 and was followed by a higher open at 1.381, suggesting renewed buyer interest. Key support levels appear to be 1.365 and 1.355, while resistance is forming at 1.38 and 1.394.

Moving Averages


On the 5-minute chart, the 20-period moving average crossed below the 50-period line, suggesting a bearish tilt in short-term sentiment. Daily moving averages (50, 100, and 200) show a more neutral stance, with price currently below the 50-day average, pointing to ongoing consolidation rather than a strong directional bias.

Momentum and Volatility


RSI remains in the 50–60 range, indicating neutral momentum with no overbought or oversold signals. MACD lines showed mixed signals, with some divergence during the early morning break. Bollinger Bands expanded as price tested the upper and lower boundaries, signaling increased volatility and a potential breakout scenario.

Volume and Turnover

Volume peaked during the early hours of the morning with a large bar at 04:00 ET, which coincided with a sharp upward move to 1.394. Notional turnover also spiked during this period, indicating strong conviction behind the move. However, volume has since decreased, signaling that the bullish momentum may be waning unless buyers re-enter the market.

Key Takeaways


The consolidation between 1.36 and 1.39 may continue for the next 24 hours unless a clear break of 1.394 or 1.355 occurs. If buyers re-enter the 1.38–1.394 range, a test of the upper boundary could follow. Traders should remain cautious, as volume has weakened after the early break, and a continuation of the current sideways trend is likely unless a breakout occurs with strong confirmation.