Xai/Tether Market Overview for October 10, 2025

• Xai/Tether (XAIUSDT) rose from $0.0376 to $0.0415, showing a significant upward swing in 24 hours.
• Price tested multiple resistance levels before consolidating around $0.0412–0.0415 in the last 4 hours.
• Strong volume expansion observed between $0.0387 and $0.0415, indicating renewed institutional or retail buying pressure.
• RSI moved from oversold territory to neutral, suggesting reduced downward momentum.
• Bollinger Bands show moderate volatility expansion, with price trading near the upper band during the rally.

XAIUSDT Daily Summary

Xai/Tether (XAIUSDT) opened at $0.0376 (12:00 ET – 1), surged to a high of $0.0418, and closed at $0.0412 by 12:00 ET on October 10. The total volume across the 24-hour window reached approximately 105,738,357.68 units, with a total notional turnover of $4,263,301.64. A strong bullish breakout was seen as price moved above key resistance levels, supported by rising volume and price consolidation near recent highs.

Structure & Formations

Price action formed a strong bullish reversal pattern near the $0.0392 support level on October 9, followed by a series of higher highs and higher lows from 17:00 ET onward. A bullish engulfing pattern emerged at $0.0392–$0.0402 on October 9, 17:15 ET, confirming a short-term reversal. Additionally, a trendline break above $0.0410 on October 10, 11:00 ET, signaled a potential continuation of the upward move. Key support levels now sit at $0.0405 and $0.0401, with resistance above at $0.0415 and $0.0418.

Indicators: MACD, RSI, and Bollinger Bands

The 20/50-period moving averages on the 15-minute chart crossed into positive territory, with the 50-period line lagging the 20-period line, suggesting a sustained bullish trend. The MACD histogram showed a sharp expansion in bullish momentum from 17:00 ET onward, with the signal line crossing above the histogram, indicating a potential slowdown in upward force. The RSI moved out of oversold territory (below 30) to a neutral zone (45–55), signaling reduced bearish pressure. Bollinger Bands expanded during the rally, and price remained within the bands, indicating controlled volatility. Price closed near the upper band, suggesting exhaustion near recent highs.

Volume & Turnover Analysis

Volume increased significantly from $0.0387 to $0.0415, with the highest 15-minute volume spike recorded at $0.0410–$0.0415 (1315–1345 ET), reaching over 1.35 million units. This aligns with a strong price breakout. However, volume has slightly declined in the last few hours, indicating a possible consolidation phase. Notional turnover rose in tandem with the price move, with the most notable increase between $0.0392 and $0.0410. No significant price-volume divergence was observed, suggesting continued conviction in the bullish trend.

Fibonacci Retracements

Key Fibonacci retracement levels for the recent $0.0376–$0.0418 move include $0.0401 (38.2%) and $0.0412 (61.8%), both of which served as temporary supports and consolidations. Price has held above $0.0401 and is now testing the 61.8% level. A break above $0.0415 could target the 78.6% retracement at $0.0418 or even extend into uncharted territory.

Backtest Hypothesis

The backtesting strategy described focuses on identifying bullish engulfing patterns on the 15-minute chart and entering long positions with a target at the 61.8% Fibonacci retracement of the prior swing low. Stops are placed below the pattern’s low, and exits occur at the 78.6% level or at the end of a defined time horizon. Given the recent bullish engulfing pattern at $0.0392–$0.0402 and the confirmation of price above the 61.8% retracement at $0.0412, this strategy aligns well with the current setup. The increased volume during the consolidation phase further supports the strategy’s assumptions of strong follow-through buying.