ANKR/Tether Market Overview for 2025-09-25

• ANKRUSDT declined sharply from 0.01405 to 0.01327 in 24 hours, closing at 0.01344.
• Volume spiked sharply at 12:30 ET, suggesting a key pivot or dumping event.
• RSI and momentum diverged in late hours, hinting at oversold conditions around 0.0133.
• Bollinger Bands widened sharply midday, reflecting increased volatility and uncertainty.
• A 15-minute bearish engulfing pattern formed near 0.0139, followed by a potential bullish reversal at 0.0133.

At 12:00 ET–1, ANKR/Tether (ANKRUSDT) opened at 0.01400 and traded as high as 0.01405 before closing at 0.01344 at 12:00 ET. The pair hit a 24-hour low of 0.01327. Total traded volume reached 20.9 million ANKR, with notional turnover of $2.87 million.

Structure & Formations

The price formed a clear bearish trend from 0.01400 to 0.01330 over the day, punctuated by a bearish engulfing pattern on the 15-minute chart around 19:45 ET and a bullish reversal at 0.01330–0.01333. A key support level appears to have formed at 0.01330–0.01335, with a potential resistance near 0.01360–0.01365 if the pair retraces.

Moving Averages

On the 15-minute chart, the price closed below the 20 and 50-period moving averages, reinforcing the bearish bias. The 50-period line sits around 0.01350, and the 20-period line is just below that. Over the daily timeframe, the price is far below all major MAs, with the 50-day MA acting as a resistance at ~0.01380.

MACD & RSI

The MACD turned negative midday and remained in negative territory, with a bearish divergence forming in the latter half of the session. The RSI dropped into oversold territory near 30 at 0.01330 and has shown signs of bouncing back. This suggests that short-term overselling may be reaching an end, but a sustained rebound will require a move back above 0.01350 to confirm.

Bollinger Bands

Volatility expanded sharply during the afternoon as the bands widened and the price tested the lower band. The move below 0.01345 into the lower band at 12:30 ET marked a potential key turning point. If the price remains within the bands, it could indicate a range-bound environment in the near term.

Volume & Turnover

Volume surged sharply between 12:30 and 12:45 ET, with the 12:30 ET candle alone accounting for over 2.8 million ANKR traded, or ~13% of total daily volume. This suggests a concentrated liquidation or dumping event at that time. However, turnover did not confirm the move, hinting at possible short-term price dislocation without strong conviction behind the move.

Fibonacci Retracements

Applying Fibonacci levels to the key 0.01400–0.01330 swing, 0.01345 sits at 38.2%, and 0.01360 is at 61.8%. The price may test the 38.2% level again for confirmation, and a failure to break above 0.01360 could signal further bearish pressure.

Backtest Hypothesis

A potential backtesting strategy could involve entering long positions when the 15-minute RSI crosses back above 30 from oversold territory, with a stop-loss placed below the previous 15-minute candle’s low and a target aligned with the 38.2% Fibonacci level. Given today’s price action, this strategy would have triggered a buy signal around 12:45–13:00 ET, with the target near 0.01345–0.01350. If the pair holds above 0.01330, this strategy could provide a viable short-term entry for a counter-trend trade.