Across Protocol/Tether (ACXUSDT) Market Overview

Summary• Price rallied to a 24-hour high of $0.0787 before consolidating near $0.0771.• Volume surged significantly during the morning ET session, confirming the bullish breakout.• A key resistance appears to have formed around the 0.0771–0.0772 level after multiple tests.• RSI suggests momentum is easing, hinting at possible near-term correction.• Bollinger Bands have widened, indicating increased volatility during the rally.

Across Protocol/Tether (ACXUSDT) opened at $0.0751 on 2025-11-09 at 12:00 ET, surged to a 24-hour high of $0.0787, and settled at $0.0771 by 12:00 ET on 2025-11-10. The pair closed 15.9% higher, with a total volume of 13.57 million ACX and a notional turnover of approximately $1.04 million. A strong bullish move was confirmed during the early ET hours, followed by consolidation and some bearish retracement.

Structure & Formations

ACXUSDT displayed a strong bullish flag pattern during the morning hours, with a decisive breakout above the $0.0769 resistance. A series of higher highs and higher lows emerged post-breakout, with price action forming a tight consolidation near $0.0771–$0.0772. A large-volume bearish reversal candle appeared near the end of the day, suggesting potential exhaustion. Key support levels appear to be consolidating at $0.0763 and $0.0755, while resistance remains at $0.0771–$0.0772.

Moving Averages

On the 15-minute chart, the 20-period and 50-period moving averages are both bullish, with the 20SMA crossing above the 50SMA midday—confirming a short-term bullish bias. On the daily chart, the 50-period MA is above the 100- and 200-period MAs, suggesting a longer-term bullish trend is still in place. Traders should watch for a potential 50SMA crossover with the price, which could signal further upward momentum.

MACD & RSI

The MACD line is positive and rising, with a strong bullish crossover early in the morning, aligning with the breakout. The histogram expanded midday but began to narrow in the late ET hours, signaling decreasing momentum. RSI reached overbought territory in the afternoon, peaking at 78, and has since declined, hinting at near-term profit-taking or potential pullback.

Bollinger Bands

Bollinger Bands widened significantly during the morning’s bullish move, with the price closing above the upper band. This suggests increased volatility and a strong move. However, as the bands have since tightened in the late ET session, volatility is cooling slightly. The narrowing bands could indicate a potential consolidation phase ahead, with a key focus on the upper band as a potential resistance zone.

Volume & Turnover

Volume spiked dramatically during the 04:00–06:00 ET window, with two candles exceeding $0.0771 showing large notional turnover. A divergence appears between price and volume toward the end of the session, where volume tapers off despite continued price movement. This could signal weakening momentum and a potential reversal in the near term.

Fibonacci Retracements

Applying Fibonacci retracements to the 24-hour move from $0.0751 to $0.0787, the 38.2% retracement level is at $0.0774, while the 61.8% level is at $0.0763. Price has already tested the 61.8% level and bounced, indicating that it may act as support in the next 24–48 hours. On the 15-minute chart, a 38.2% retracement is at $0.0773 and appears to have been rejected, suggesting a potential correction.

Backtest Hypothesis

To refine the technical analysis with a data-driven approach, a MACD Golden-Cross event study would provide insight into the potential profitability and reliability of the recent bullish signals. However, the backtesting engine is currently unable to locate valid historical price data for ACXUSDT. This issue could stem from a missing data source or incorrect symbol format. To proceed, we recommend confirming the correct ticker symbol or providing an alternative data source. Once a valid dataset is available, the backtest can be rerun, allowing a deeper assessment of whether the recent Golden-Cross event may have been a meaningful buy signal. This would complement the current analysis by providing a historical context to the technical patterns observed.