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Summary
• Price action on
Ankr/Tether (ANKRUSDT) traded from 0.0064 at 12:00 ET − 1 to a low of 0.00619 and a high of 0.00641, closing at 0.00632 at 12:00 ET. Total volume reached 19.41 million units, with a notional turnover of $12,194.54.
Structure & Moving Averages
Price found temporary support at 0.00626, a 61.8% Fibonacci level of a prior 5-minute rally. A 20-period and 50-period moving average on the 5-minute chart both sloped downward, reinforcing bearish momentum. On the daily chart, 50/100/200-period moving averages were aligned with the 0.0063–0.00634 range, suggesting consolidation.

MACD & RSI
MACD remained negative, with a weak histogram and a bearish crossover, confirming the downtrend. RSI approached oversold territory in the 28–31 range during the session low, hinting at potential near-term buying interest. However, the divergence between RSI and price during the late-night leg down raised caution.
Bollinger Bands
Volatility expanded during the session low, with prices hitting the lower band at 0.00619. A contraction followed in the morning, narrowing the bands as the market consolidated. Price remained within the bands for most of the session, suggesting limited directional bias.
Volume and Turnover
Volume surged to 11.7 million units during the 23:00–00:00 ET breakdown phase, coinciding with a sharp drop to 0.00621. Turnover hit $729.63 during this period, the session’s highest. Later, volume weakened, with turnover declining despite a modest price rebound. This divergence suggested waning conviction in the bullish bounce.
Fibonacci Retracements
A key 61.8% Fibonacci level at 0.00626 was retested late in the session. The 5-minute retracement from 0.00641 to 0.00621 showed a potential bounce area at 0.00629–0.00631. Daily Fibonacci levels aligned with the 0.00632–0.00634 range, where price found limited support during consolidation.
Looking ahead, a test of the 0.00626–0.00629 support cluster may trigger a short-term rebound, but without a clear break above 0.00637, the bearish bias is likely to persist. Investors should watch for a break of the 23:00–00:00 ET low or a reversal candle at key Fibonacci levels for directional clarity.
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