AInvest Newsletter
Daily stocks & crypto headlines, free to your inbox
Summary
•
Yield Guild Games/Tether (YGGUSDT) opened at 0.0668 on December 23 at 12:00 ET, and by 12:00 ET on December 24, it reached a high of 0.0686, a low of 0.0640, and closed at 0.0643. Total volume was 12,348,999.1, with turnover estimated at $815,034.
Structure & Formations
Price formed a bearish inside bar at 0.0670 and later tested a prior swing low near 0.0660, where a small bullish reversal was observed. A key support level appears to have emerged between 0.0640 and 0.0643, where buyers intervened in the latter half of the period. Resistance remains in the 0.0667–0.0671 range, which has held multiple times during the pullback.

Indicators
MACD turned bearish on the 5-minute chart, with a bearish crossover forming below zero. RSI hovered near 30, suggesting the pair may be approaching oversold territory. However, the RSI has not yet confirmed a significant short-term bottom. Bollinger Bands showed a moderate contraction, with prices lingering near the lower band for much of the 24-hour window.
Volume & Turnover
Volume spiked during midday hours, but turnover failed to confirm strong bearish conviction. A volume high was recorded at 1,125,505.2 during the 02:00–02:15 ET period, though this coincided with a small price range, signaling consolidation rather than conviction.
Fibonacci Retracements
A 61.8% retracement of the 0.0640–0.0686 move is at 0.0659, where price stalled before continuing lower. A 38.2% retracement at 0.0663 appears to have acted as a minor resistance. On the daily chart, a 50% retracement of the broader move from 0.0655 to 0.0686 is at 0.0670, which remains a potential pivot point.
Price appears to have found a short-term floor near 0.0640–0.0643, with bearish momentum likely to remain intact unless buyers defend this range. A break above 0.0667 could signal a consolidation phase, but a retest of 0.0640 carries risks of further downward drift. Investors should monitor volume and RSI for signs of a reversal.
Decoding market patterns and unlocking profitable trading strategies in the crypto space

Dec.24 2025

Dec.24 2025

Dec.24 2025

Dec.24 2025

Dec.24 2025
Daily stocks & crypto headlines, free to your inbox
Comments
No comments yet