Summary
• Price surged above 4.30, forming bullish engulfing and higher highs on 5-min chart.
• Momentum accelerated as RSI crossed 50 and MACD turned positive.
• Volume spiked near 4.45 peak, aligning with price, suggesting strong buying interest.
• Bollinger Bands widened sharply, reflecting heightened volatility.
• 20-period MA crossed above 50-period MA, confirming short-term bullish bias.
Venus/Tether (XVSUSDT) opened at 4.09 on 2025-12-25 12:00 ET, reached a high of 4.50, hit a low of 4.26, and closed at 4.34 on 2025-12-26 12:00 ET. Total 24-hour volume was 357,389.83, with notional turnover of $1,527,108.85.
Structure & Formations
Price formed a bullish breakout above the 4.30 psychological level, followed by a sequence of higher highs and lows, confirming a short-term upswing. A bullish engulfing pattern appeared around 4.30, followed by a strong 5-minute candle reaching 4.50. Key support levels were identified near 4.26–4.27, with resistance forming at 4.45–4.50. A doji near 4.45–4.46 suggested initial profit-taking or consolidation after the peak.
Moving Averages
On the 5-minute chart, the 20-period MA crossed above the 50-period MA, signaling a bullish crossover. On the daily chart, price closed above the 50-period MA but remains below the 200-period MA, indicating mixed intermediate-term signals.
Momentum Indicators
RSI accelerated from the 45–50 zone into the 55–60 range, signaling growing momentum. MACD crossed into positive territory, with a growing histogram. However, RSI has yet to reach overbought levels (70+), suggesting the rally could extend further.
Bollinger Bands
Volatility expanded significantly as price moved from 4.25–4.30 to 4.25–4.50. Price reached the upper Bollinger Band during the peak at 4.50, suggesting the move was driven by strong buying pressure. The bands remain wide, indicating a continuation or possible consolidation in the near term.
Volume & Turnover
Volume surged to 34,992.3 at 4.50, with a corresponding notional turnover of $155,195.38, confirming the price move. Volume declined after the peak but remained robust during consolidation. No significant divergence between price and volume was observed, supporting the bullish narrative.
Fibonacci Retracements
On the recent 5-minute swing from 4.25 to 4.50, price pulled back to the 61.8% level (~4.34), where it found support. On the daily chart, a 38.2% retracement level (~4.35) appears to be a short-term key area to watch for potential continuation or correction.
The recent upward move in
appears to be driven by strong buyer participation and confirmed by key indicators. Forward-looking, price may test the 4.40–4.45 range again, though a pullback toward 4.30–4.34 could offer re-entry opportunities. Investors should remain cautious as volatility remains high and divergence is not yet evident.
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