Amp/Tether Market Overview: 24-Hour Breakdown for 2025-09-23

• Price declined from 0.003152 to 0.003160, showing mild bullish consolidation after a bearish reversal in midday.
• RSI suggests moderate momentum, without clear overbought/oversold levels, indicating balanced buyer-seller pressure.
• Volume was elevated in the morning before tapering, with a re-test of the 0.003116–0.003143 range.
• Bollinger Bands showed a contraction in the early hours, followed by a modest price break above the midline.
• Fibonacci levels highlighted key retests near 0.003140 and 0.003163, with the 61.8% level showing some rejection and re-entry.

Amp/Tether (AMPUSDT) opened at 0.003152 at 12:00 ET–1 and closed at 0.003160 by 12:00 ET on 2025-09-23. The pair reached a high of 0.003174 and a low of 0.003111 during the period. Total volume amounted to 72,406,315.0 and notional turnover (amount) totaled 5,002. The price showed a gradual climb from a morning low, consolidating in the afternoon and finishing near the upper end of its range.

In terms of structure, key support levels emerged at 0.003116 and 0.003131, with the latter being tested multiple times before the price bounced higher. A bearish engulfing pattern formed around 19:30 ET–1, but buyers re-entered the market from 21:45 ET–1 onward. A doji appeared around 00:15 ET, suggesting indecision at the top of the range. These price actions indicate a mixed sentiment, where bears initially dominated but bulls reasserted control in the final hours.

Moving averages (20/50 period for 15-minute chart) showed a crossover at 05:45 ET, with the 20-period line crossing above the 50-period line, signaling a potential short-term bullish bias. However, the 50-period line remained above the 200-period average, which is bearish on the larger timeframes. This suggests that while the short-term trend appears to be positive, the longer-term bias remains cautious.

The RSI hovered between 45 and 55 for most of the session, indicating balanced momentum without entering overbought or oversold territory. MACD (12, 26, 9) showed a narrowing histogram in the morning but expanded in the evening, suggesting increasing bullish momentum. Bollinger Bands tightened around 01:00–02:00 ET before the price broke out above the upper band at 03:45 ET. This breakout suggests a possible continuation above 0.003160 in the near term.

Fibonacci retracement levels played a role in the price behavior. The 61.8% level (~0.003140) acted as support in the morning, and the 38.2% level (~0.003163) saw rejection at the end of the session. This suggests that the pair may face resistance at key Fibonacci levels if it attempts to break higher. Volume was highest during the morning hours, with a sharp drop-off in the early afternoon. Notional turnover aligned with volume spikes, confirming price moves.

The backtest strategy described utilizes a combination of moving average crossovers and RSI divergence to generate entry signals. When the 20-period MA crosses above the 50-period MA and RSI shows a bullish divergence (lower price lows with higher RSI lows), a long entry is triggered. Stops are placed below the 20-period MA, and targets are set at the next Fibonacci level. This strategy appears well-suited for the 15-minute timeframe and may align with the observed late-session momentum and Fibonacci support/resistance levels.