Market Overview for Ankr/Tether USDt (ANKRUSDT) – 24-Hour Summary (2025-09-11)

• Price consolidates near key support at $0.01533–0.01542 with mixed momentum
• Volatility peaks in late-night hours, followed by a sharp pullback into morning
• RSI signals oversold conditions, but volume lacks confirmation of a reversal
• Bollinger Band contraction suggests potential breakout ahead of 12:00 ET
• 20-period MA supports near-term buying interest, but 50-period MA acts as a hurdle

The price of Ankr/Tether USDt (ANKRUSDT) opened at $0.01562 on 2025-09-10 at 12:00 ET, reached a high of $0.01565, dipped to a low of $0.01523, and closed at $0.01543 at 12:00 ET on 2025-09-11. The total volume was 15,439,953.0 ANKR, while the notional turnover amounted to approximately $237,424. The asset displayed a bearish bias in the 24-hour timeframe but showed mixed momentum signals from RSI and MACD.

Structure & Formations

The price formed a bearish engulfing pattern near $0.01547–0.01553 before entering a consolidation phase. A key support area developed around $0.01533–0.01542 after a sharp decline in early morning hours. A long bearish candle with a large body formed at $0.01523, signaling strong selling pressure. A potential reversal may occur if price manages to hold above $0.01545 in the near term, but the formation of a hanging man pattern around $0.01548–0.01552 suggests caution.

Moving Averages

The 20-period and 50-period MAs on the 15-minute chart intersected near $0.01550–0.01553, offering support. However, the 50-period MA now sits slightly above the current price level, suggesting short-term resistance. On the daily chart, the 200-period MA currently supports the $0.01540 level, while the 50-period MA sits at $0.01555, above current price action. This suggests a mixed outlook where short-term buyers are active, but long-term bearish pressure remains.

MACD & RSI

The MACD line turned negative in the final hours of the 24-hour window, confirming bearish momentum with the histogram showing a contraction. The RSI entered oversold territory below 30 at the close, suggesting potential for a short-term bounce. However, volume failed to confirm this reversal, and divergence between RSI and price suggests caution. A sustained move above $0.01550 may trigger a recovery, but a break below $0.01533 could accelerate further bearish bias.

Bollinger Bands

The price tested the lower Bollinger Band multiple times in the early morning hours, reaching $0.01523. The bands themselves showed a moderate expansion during the consolidation phase, reflecting increased volatility. A retest of the upper band at $0.01557 is possible if buying interest returns, but traders should watch for a potential breakout if the price remains within the band for a few more 15-minute intervals.

Volume & Turnover

Volume surged to over 1,100,000 ANKR during the sharp decline near $0.01530–0.01540, confirming bearish conviction. However, the volume during the subsequent bounce to $0.01548 was relatively muted, suggesting lack of buyer interest. Total turnover spiked during the early morning hours and again at the close, but divergences between price and volume indicate mixed momentum. A higher volume on a bullish candle near $0.01550 could provide confirmation of a short-term reversal.

Fibonacci Retracements

Key retracement levels from the recent bearish move include 38.2% at $0.01547 and 61.8% at $0.01553. Price has tested both levels and appears to be consolidating around $0.01543–0.01548. A break above $0.01553 could see a test of the $0.01557 level, while a fall below $0.01543 may target $0.01538 as the next support.

Backtest Hypothesis

A potential strategy for backtesting could involve entering a long position when price retests the 61.8% Fibonacci level ($0.01553) on the 15-minute chart with a confirmed bullish candle (higher volume and close above open). A stop-loss could be placed at $0.01548, with a target at $0.01560–0.01565. This setup aligns with the recent consolidation and potential reversal signals from RSI and MACD. Traders should also consider the 20-period MA as a dynamic support level in this context.