AInvest Newsletter
Daily stocks & crypto headlines, free to your inbox
Summary
•

Yield Guild Games/Tether (YGGUSDT) opened at 0.0701 on 2026-01-15 at 12:00 ET, reached a high of 0.0728, a low of 0.0688, and closed at 0.0719 as of 12:00 ET on 2026-01-16. Total volume for the 24-hour window was approximately 50,319,987.6 units, with a notional turnover of $3,498,614.81.
Price moved within a well-defined 0.0685–0.0715 range for the majority of the session, with key support at 0.0696 and resistance at 0.0715. A bullish engulfing pattern formed near 0.0688, followed by a pullback to 0.0691, where buying pressure emerged. On the 5-minute chart, the 20-period MA (0.0696) and 50-period MA (0.0699) crossed into a bullish alignment by 03:00 ET. The daily chart saw YGGUSDT closing above its 50-period MA, suggesting possible continuation of the recent uptrend.
The RSI bottomed at 28 during the overnight session, suggesting oversold conditions, and rose to 50 by early morning before retreating. The MACD crossed above the signal line around 05:00 ET, indicating positive momentum. Bollinger Bands showed a noticeable contraction between 18:00 and 22:00 ET, which was followed by a sharp expansion and price action clustering around the upper band at 0.0715–0.0720, signaling increased volatility and potential for a breakout.
Trading volume surged during the Asian and European sessions, particularly around 05:00 and 09:00 ET, with the largest 5-minute volume spike at 0.0715 (1,183,447.8 units). Turnover also spiked during the Asian breakout from 0.0710–0.0715, suggesting conviction in the move. However, volume dropped significantly during the 03:00–05:00 ET consolidation phase, indicating a potential pause in aggressive buying.
A 5-minute swing from 0.0688 to 0.0715 saw price retesting the 61.8% retracement level at 0.0705, followed by a move toward 0.0710–0.0715. On a daily basis, the 38.2% Fibonacci level at 0.0699 has acted as a psychological floor, with price holding above it for most of the session.
YGGUSDT appears to be consolidating above 0.0699, with potential for a test of 0.0715–0.0720. A break above 0.0720 could invite further buying, while a retest of 0.0696 may offer a buying opportunity, provided volume confirms the move. Investors should remain cautious of potential volatility and divergence in volume during the next 24 hours.
Decoding market patterns and unlocking profitable trading strategies in the crypto space
Daily stocks & crypto headlines, free to your inbox
Comments
No comments yet