Market Overview: Verge/Tether (XVGUSDT) Sees Strong Rally and Volatility Expansion

Summary
• XVGUSDT rallied from 0.0071 to 0.007727, forming a bullish breakout with strong volume confirmation.
• Momentum accelerated in the latter half of the day, as RSI surged above 65 and MACD crossed into positive territory.
• Volatility expanded significantly, with Bollinger Bands widening and price reaching the upper band on the final 5-minute candle.
• Key resistance appears at 0.00736–0.00740, where earlier rejection and congestion occurred on the 5-minute chart.
• Turnover spiked past $218,000 in the last hour, indicating heightened interest despite a pullback in the final hour.

Price and Volume Summary

At 12:00 ET−1 on 2026-01-17, XVGUSDT opened at 0.007128 and closed at 0.007727 as of 12:00 ET on 2026-01-18. The pair reached an intraday high of 0.007727 and a low of 0.007036. Total volume for the 24-hour window was approximately 285,556,630 XVG, with notional turnover reaching around $218,000.

Structure & Key Levels

The 24-hour period featured a powerful upward shift, with a notable breakout forming between 0.0075 and 0.0077. A bearish divergence appeared earlier in the morning at 0.00736, but it was quickly invalidated by a strong rally. On the 5-minute chart, key support levels appear at 0.00710–0.00712 and 0.00707–0.00708, both of which have acted as floors multiple times. Resistance is now likely at 0.00770–0.00775, a level not seen in several hours and currently at the outer edge of the expanding Bollinger Bands.

Momentum and Indicators

The RSI on the 5-minute chart surged past 65 in the last 30 minutes, indicating strong momentum, while the MACD crossed into positive territory and showed a widening histogram. This suggests continued buying pressure, though a pullback is likely if the pair tests 0.0075–0.0076. On the daily chart, the 50- and 100-period moving averages remain aligned in a bullish bias, with the 200-period line still acting as a key long-term support at 0.0070–0.0071.

Volatility and Volume

Volatility expanded significantly in the final two hours, with a sharp rise in both Bollinger Band width and price deviation from the moving average. The volume profile showed a clear increase during the breakout, particularly in the 15:30–17:00 ET window, with the largest single 5-minute candle at 16:30 ET printing $218,000 in turnover. This volume confirmed the breakout rather than showing signs of exhaustion.

Forward-Looking Perspective

XVGUSDT appears to have broken out of a consolidation pattern with strong volume and momentum confirmation, suggesting it could test the upper end of the Bollinger Band near 0.00775–0.0078. However, a short-term pullback to the 0.0075–0.0076 range may provide a favorable entry point for continuation of the bullish trend. Investors should monitor for volume divergence if a retracement occurs, which could signal a reversal or consolidation.