Market Overview for Quickswap/Tether (QUICKUSDT) – 2026-01-17

Summary
• Price tested $0.0135 and $0.0137 resistance and support with mixed 5-minute candlestick signals.
• Momentum remains elevated as RSI rose toward overbought territory, suggesting upward bias.
• Volatility expanded late in the session, with Bollinger Bands widening, hinting at increasing market activity.
• Volume surged above average during late ET hours, particularly in the 00:00–06:00 ET window.

Price Action and Market Overview

Quickswap/Tether (QUICKUSDT) opened at $0.01319 on 2026-01-16 12:00 ET and reached a high of $0.01383 and a low of $0.01311 during the 24-hour period, closing at $0.01374 by 12:00 ET on 2026-01-17. Total volume was 14,875,291.0, and notional turnover amounted to $202,294.00.

Structure and Candlestick Patterns

The 5-minute chart displayed several bullish and bearish reversals, including a potential bullish engulfing pattern around $0.0135, as well as a doji near $0.0137. A key support level formed at $0.0135, while resistance appears at $0.0137. Price bounced off both levels multiple times, indicating a tug-of-war between buyers and sellers.

Moving Averages and Momentum

On the 5-minute chart, the 20-period and 50-period moving averages converged, suggesting a potential shift in momentum. The 50-period MA sat near $0.0135, and the price spent much of the session above it. RSI surged to 68 by the close, signaling a possible overbought condition. MACD showed positive divergence during late ET hours, suggesting continued upward pressure may persist.

Volatility and Bollinger Bands

Bollinger Bands expanded significantly from 00:00–06:00 ET, with the price frequently probing the upper band. The 5-minute chart saw increased volatility in the $0.0135–$0.0138 range, indicating heightened interest. A period of contraction was observed just before the price break above $0.0137, suggesting a potential breakout scenario.

Volume and Turnover Analysis

Volume surged between 00:00–06:00 ET, with the largest spike occurring at 03:45–06:15 ET. Notional turnover mirrored this trend, reaching a peak during the late-night to early-morning ET window. A divergence was observed between price and turnover at 04:00–04:30 ET, where turnover dipped despite a modest price rally, indicating potential exhaustion.

Fibonacci Retracements

Applying Fibonacci retracement levels to the 5-minute swing from $0.01311 to $0.01383, the 50% and 61.8% retracement levels fell at $0.01347 and $0.01359, respectively. Price spent significant time near the 61.8% level, indicating a potential pivot point for the next 24 hours.

The price appears to be consolidating above $0.0135, with a rising RSI suggesting a potential test of $0.0138 could follow. Investors should watch for a breakout above $0.0138 or a rejection at $0.0135 over the next 24 hours for directional clues. As always, volatility remains elevated, and sharp reversals are possible.