Summary
• xMoney/USDC edged higher near 0.01265 after a sharp rebound from 0.01245.
• Volatility spiked in early hours, with volume surging past 100,000 at 0.01265.
• RSI suggests moderate momentum, with no overbought or oversold signals.
• Price appears to
a prior 5-minute resistance at 0.01278 ahead of 0.01286.
• Bollinger Bands show contraction near 0.01245, signaling potential for a breakout.
24-Hour Price and Volume Activity
xMoney/USDC (UTKUSDC) opened at 0.01216 on 2025-12-31 at 12:00 ET, reached a high of 0.0131, a low of 0.01204, and closed at 0.01265 at 12:00 ET on 2026-01-01. Total 24-hour volume was 662,870, with a turnover of approximately $8,371.42.
Structure & Formations
Price formed a bullish engulfing pattern near 0.01256 and later broke through a prior 5-minute high at 0.01278. A key support level emerged at 0.01245–0.01246, where price consolidated for several hours. No decisive reversal patterns were observed, but the market appears to consolidate above this critical level.
Moving Averages
On the 5-minute chart, the 20-period MA (0.01247) crossed above the 50-period MA (0.01244), suggesting a short-term bullish bias. On the daily timeframe, price sits above the 50-period MA, indicating a longer-term uptrend.
Momentum and Volatility
RSI hovered around 50, indicating balanced momentum. Bollinger Bands narrowed at 0.01245–0.01246, signaling potential for increased movement. Volatility remained elevated in the early hours due to a sharp rebound and several volume spikes, especially at 0.01265 and 0.01278.
Volume and Turnover Divergence
Volume surged sharply at 0.01265 and 0.01278, coinciding with price advances. No notable divergence between price and turnover was observed. The largest single 5-minute bar at 0.01265–0.01278 accounted for over 15% of total 24-hour turnover.
Fibonacci Retracements
Recent 5-minute swings showed price testing the 61.8% retracement level at 0.01278 and then pulling back to 0.01256–0.01265. The 78.6% retracement of the larger daily move lies near 0.01286, a level that could trigger further buying interest.
Price may consolidate near 0.01265 before attempting a test of 0.01286. A break below 0.01245 could trigger a retracement toward 0.01234, but this appears less likely given current volume and momentum signals. Investors should monitor Bollinger Band expansion and RSI for signs of divergence.
Comments
No comments yet