Market Overview: Tether/Colombian Peso (USDTCOP) - Range Consolidation and Mixed Momentum

Generated by AI AgentAinvest Crypto Technical RadarReviewed byAInvest News Editorial Team
Saturday, Dec 20, 2025 10:46 am ET1min read
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- USDTCOP traded in a tight 3822-3842 range with no breakout, showing bearish engulfing patterns and failed volume-driven moves.

- RSI remained neutral near 50, while Bollinger Bands contracted, hinting at potential volatility but no clear directional bias.

- Key Fibonacci levels (3830-3833) were tested, with 3822 acting as recurring support ahead of potential consolidation or breakouts.

- Mixed momentum indicators and low conviction suggest continued range-bound trading, with investors advised to monitor 3822/3842 thresholds.

Summary
• Price action remained range-bound between 3822 and 3842, with no clear breakout attempt.
• A bearish engulfing pattern formed midday, signaling possible short-term downward pressure.
• Volume spiked during the 17:30–18:45 ET window but failed to drive meaningful price movement.
• RSI hovered near neutral levels, with no strong overbought or oversold signals.
• Bollinger Bands showed moderate contraction in the final hours, hinting at potential volatility buildup.

At 12:00 ET–1, Tether/Colombian Peso (USDTCOP) opened at 3832 and closed at 3829, reaching a high of 3842 and a low of 3822. Total trading volume over the 24-hour window was 239,457, while notional turnover was determined by the weighted average of trade amounts and prices.

Structure & Formations


Price action remained within a tight range of 3822 to 3842, with key support forming near 3822 and resistance at 3842.
A bearish engulfing candle formed at 18:45 ET, suggesting short-term bearish momentum. No decisive reversal patterns emerged, and price action lacked a clear directional bias in the final hours.

Moving Averages and Momentum


Short-term moving averages (20/50) on the 5-minute chart moved lower in the afternoon, reflecting cooling demand. The daily 50/200 SMA showed a flat trend, with no immediate alignment to signal a trend change. RSI hovered around 50 most of the day, suggesting a balanced market with no immediate overbought or oversold signals.

Volatility and Bollinger Bands


Bollinger Bands constricted toward the end of the day, indicating potential for increased volatility. Price action remained within the bands throughout the session, with no clear breakouts. Volatility appeared moderate, and price tested the lower band several times but failed to hold below 3822.

Volume and Turnover


Volume showed notable spikes in the early afternoon but failed to confirm a strong directional move. The largest single 5-minute volume spike occurred at 18:45 ET, with no corresponding price surge. Turnover aligned closely with volume, but no divergence appeared between price and turnover.

Fibonacci Retracements


Applying Fibonacci to the recent 5-minute swing from 3822 to 3842, 3833 (38.2%) and 3830 (61.8%) levels were tested in the final hours. Price action showed some hesitation near these levels, suggesting they may serve as temporary support or resistance.

Looking ahead, the next 24 hours could see a test of the 3822 level, which appears to have held multiple times as a floor. A break below this level may trigger further downward momentum, while a retest of 3842 could offer a buying opportunity. Investors should remain cautious, as mixed momentum and low conviction in either direction suggest a high probability of continued consolidation.