Market Overview for Tether/Hryvnia (USDTUAH): 2025-12-22

Summary
• Price surged above 45.60 before consolidating near 45.50–45.60 key resistance.
• Strong volume confirmed the breakout, while RSI suggests moderate momentum.
• Volatility expanded as Bollinger Bands widened, signaling potential directional follow-through.
• A bullish engulfing pattern formed after the 01:00 ET selloff, reinforcing bullish bias.
• 20-period MA crossed above 50-period MA, supporting a short-term bullish case.

Tether/Hryvnia (USDTUAH) opened at 45.40 on 2025-12-21 at 12:00 ET, reached a high of 45.68, and a low of 45.10, closing at 45.50 at 12:00 ET on 2025-12-22. Total traded volume for the 24-hour period was 193,308.0, with a notional turnover of approximately 8,748,438.9 Hryvnia.

Structure & Moving Averages

Price action displayed a strong upward bias after breaking above the 45.55–45.60 range, a prior resistance cluster. The 20-period moving average crossed above the 50-period line in the final hours, suggesting momentum is aligning with the upward trajectory. On the daily chart, the 50-period MA is approaching the 45.50 level, indicating potential support if the current rally stalls.

MACD and RSI

MACD turned positive after a mid-day consolidation, with a bullish divergence suggesting continued upside potential. RSI climbed into overbought territory above 70 for several hours but has since pulled back, hinting at a possible pause before further gains.

Bollinger Bands and Volatility

Volatility expanded sharply after a 00:00 ET breakout above the upper band, signaling conviction in the bullish move. Price spent a significant portion of the 24-hour window near the upper Bollinger Band, suggesting elevated momentum and confidence from buyers.

Volume and Turnover

Volume surged during the 00:00–03:00 ET window, confirming the breakout above key resistance. A divergence appeared in the 10:00–11:00 ET timeframe, where price rose while volume declined, potentially foreshadowing a short-term consolidation phase.

Fibonacci Retracements

Recent bullish swings align with the 61.8% Fibonacci retracement level around 45.57, suggesting a possible pause or pullback to test this area before extending higher. On the daily chart, a 38.2% retracement level at 45.35 appears to have acted as temporary support.

Outlook and Risk Consideration

The pair appears to be testing key resistance with strong conviction, and a sustained close above 45.60 could trigger a retest of 45.70–45.80 levels. However, caution is warranted near overbought RSI and high volatility, as these could lead to a short-term pullback. Investors should watch for volume confirmation or divergences in the next 24 hours to gauge the sustainability of the rally.