AInvest Newsletter
Daily stocks & crypto headlines, free to your inbox
Summary
• Price drifted lower on the 5-minute chart with a bearish engulfing pattern near 0.2145.
• Volume surged over 800k near 0.2103, aligning with a 61.8% Fibonacci level.
• RSI remained below 30 for much of the session, signaling potential oversold conditions.
• Volatility expanded sharply mid-day with a 0.2166 high and 0.2101 low, breaching Bollinger Band thresholds.
• Turnover spiked over $175k at 08:45 ET, suggesting renewed short-term interest.
Stellar/Tether (XLMUSDT) opened at 0.2154 on December 25 at 17:00 ET and closed at 0.2157 at 12:00 ET on December 26. The pair reached a high of 0.2168 and a low of 0.2081 during the 24-hour window. Total volume reached ~5.46 million
, and notional turnover exceeded $1.13 million.The 5-minute chart showed a bearish engulfing pattern near 0.2145, followed by a sharp pullback. A large bullish candle at 08:45 ET suggested short-term buying pressure. The price tested the 0.2136–0.2145 range multiple times, indicating a potential support cluster.
Bollinger Bands widened significantly in the early hours of December 26, with price dipping below the lower band at 0.2103 before rebounding. RSI spent much of the session below 30, indicating oversold conditions. However, MACD showed a mixed signal, with a narrowing histogram suggesting weakening bearish momentum.

Volume peaked at ~831k XLM at 15:00 ET and ~804k XLM at 15:15 ET, coinciding with a sharp decline to 0.2108. Turnover confirmed this move with a $177k spike at 08:45 ET, suggesting strong short-term participation.
A key 61.8% Fibonacci retracement level formed at 0.2135–0.2145, aligning with the price consolidation seen in late December. Daily-level retracements suggest 0.2101 as a possible intermediate support, though a break below 0.2090 could accelerate further downside.
The market appears to be in a consolidation phase after a volatile 24-hour range. Traders may look for a breakout above 0.2165 or a test of 0.2090 in the next 24 hours. Investors should remain cautious due to high volatility and diverging momentum signals.
Decoding market patterns and unlocking profitable trading strategies in the crypto space
Daily stocks & crypto headlines, free to your inbox
Comments
No comments yet