Market Overview for Ampleforth Governance Token/Bitcoin (FORTHBTC) – October 26, 2025

• FORTHBTC opened at 1.942e-05 and traded between 1.941e-05 and 2.357e-05, closing at 2.171e-05.
• A sharp intraday rally occurred between 19:00 and 21:15 ET, with price rising over 15%.
• Volume surged during the 19:45 candle (8593.12 units), followed by a consolidation phase.
• Price action suggests a potential short-term bullish trend forming above key support.
• No clear bearish divergence observed in volume or price despite the recent high.

24-Hour Market Snapshot

Ampleforth Governance Token/Bitcoin (FORTHBTC) opened at 1.942e-05 on October 25, 2025 at 12:00 ET-1, and reached a high of 2.357e-05 before settling at 2.171e-05 by 12:00 ET on October 26, 2025. The 24-hour total volume amounted to 44,699.23 units, with a total notional turnover of approximately 964.85 BTC-equivalent, based on price movement and volume data.

Structure & Formations

Price formed a strong bullish reversal pattern during the 19:30 candle, as the asset opened near 1.964e-05 and closed at 1.977e-05 after a 0.013e-05 increase, signaling possible support strength at 1.941e-05. A larger bullish move occurred between 19:45 and 21:15 ET, where FORTHBTC surged from 1.977e-05 to 2.346e-05. A small bearish engulfing pattern appeared briefly at 22:15 ET, but buyers retook control shortly thereafter. No significant doji were observed during the period, but consolidation near 2.14–2.18e-05 has formed a potential short-term resistance area.

MACD & RSI

MACD momentum shifted from bearish to strongly bullish during the rally hours, as the line crossed above the signal line and remained positive through the consolidation phase. While RSI data for FORTHBTC was temporarily unavailable due to a service error, the visual momentum suggests the pair may have entered overbought territory during the 21:15 ET candle, particularly when it reached 2.346e-05. A correction below 2.23e-05 could signal a potential pullback, but current price action suggests strong conviction among buyers.

Bollinger Bands & Fibonacci Retracements

Volatility expanded during the 19:45–21:15 ET period, with Bollinger Bands widening significantly as price broke above the upper band. Price retracted from the 2.357e-05 high and has since moved back into the 2.14–2.18e-05 range, aligning with the 38.2% Fibonacci retracement level. A break above 2.24e-05 could target the 61.8% level at approximately 2.30e-05, while a close below 2.10e-05 would trigger bearish signals.

Volume & Turnover

Volume surged significantly during the 19:45 candle, with 8593.12 units traded as price jumped from 1.977e-05 to 2.156e-05. This was followed by a secondary rally with strong volume support, especially at 21:15 ET. Notional turnover also increased sharply, confirming the price rise was backed by genuine market participation. However, after 22:15 ET, volume dropped significantly, indicating potential exhaustion. Divergence between volume and price did not appear during the 24-hour period, suggesting the move was broadly supported by buyers.

Backtest Hypothesis

Given the strong momentum observed during the rally from 1.942e-05 to 2.357e-05 and the lack of bearish divergence, a backtesting strategy using RSI as a primary entry signal could be relevant. A typical RSI-based hypothesis involves entering long positions when RSI crosses above 50, with an exit when it falls below 30, or alternatively, using the 70–30 range to manage overbought and oversold levels. The challenge in this case is that the RSI data from 2022–2025 is temporarily unavailable, likely due to the ticker format or data service limitations. To proceed, we can either: (1) attempt to retrieve the data using an alternative ticker format (e.g., FORTH/BTC or FORTH-BTC), or (2) compute RSI from a manually provided price dataset and apply the hypothesis using those values. This would allow us to evaluate the strategy's robustness and refine the parameters accordingly.