Market Overview for Ankr/Tether (ANKRUSDT) on 2025-09-14

• Price action shows consolidation within a tight range near key support and resistance levels.
• RSI and MACD signal weak momentum and no overbought or oversold conditions.
• Volatility remains subdued, with Bollinger Bands contracting.
• Volume is uneven, with high turnover in late trading hours.
• Fibonacci retracements show recent price swings between 0.01569 and 0.01615.

Ankr/Tether (ANKRUSDT) opened at 0.01591 on 2025-09-13 at 12:00 ET, reached a high of 0.01615, touched a low of 0.01569, and closed at 0.01569 on 2025-09-14 at 12:00 ET. Total trading volume for the 24-hour period was 26,753,483.1, and notional turnover was approximately $432,603 (calculated by summing the “amount” and multiplying by mid-price).

Structure & Formations

The 15-minute chart reveals a consolidative pattern between key support at 0.01575–0.0158 and resistance at 0.01593–0.01601. A bearish engulfing pattern formed at 0.01615–0.01602 on 2025-09-14 00:15 ET, followed by a series of doji and indecisive candles, suggesting exhaustion on the upside. The price appears to be range-bound with no clear breakout attempt, which could indicate a potential continuation of the consolidation in the near term.

Moving Averages

Short-term moving averages (20/50) on the 15-minute chart indicate a flattening trend with no clear direction. The 50-period MA is at 0.01595, while the 20-period MA is at 0.01599, showing a bearish crossover. For the daily chart, the 50-period MA is at 0.0160, 100-period at 0.01597, and 200-period at 0.01593, with the current price at 0.01569 below all, reinforcing a bearish bias.

MACD & RSI

The MACD (12, 26, 9) remains below the signal line with a negative histogram, suggesting bearish momentum. RSI is at 32 (as of 12:00 ET), indicating oversold conditions but not yet a confirmed reversal signal. The combination of low RSI and weak MACD suggests that the price may remain in a consolidation phase or could see a small retracement within the current range.

Bollinger Bands

Bollinger Bands show a contraction during the 24-hour period, with the price currently near the lower band at 0.01569. This suggests a period of low volatility and potential consolidation. The tight squeeze between bands may precede a breakout, but for now, the price remains in a defined range with no significant deviations.

Volume & Turnover

Volume spiked during the early morning hours (ET), with high turnover seen at the upper end of the range around 0.0160–0.0161. Late trading activity shows a reduction in volume and turnover as price moved lower toward the lower band. This divergence between volume and price action suggests weakening momentum and potential for a rebound within the range.

Fibonacci Retracements

On the 15-minute chart, the recent swing high of 0.01615 and swing low of 0.01569 define a key retracement range. The price is currently near the 76.4% level of this swing at 0.01575, with the 61.8% level at 0.01584 acting as a potential support level. A move above 0.01593 (38.2% retracement) could see renewed bullish momentum.

Backtest Hypothesis

Given the current setup—low volatility, bearish momentum, and oversold RSI—a potential backtesting strategy could involve a range-trading approach based on the defined Fibonacci levels and Bollinger Band boundaries. A long entry could be placed near 0.01575–0.01584 with a stop just below 0.01569, and a target near 0.01593–0.01596. A short entry may be considered above 0.01593, with a stop above 0.01601 and a target near 0.01575. This strategy leverages the current price structure and assumes continuation of the consolidation pattern.