ANKRUSDT Market Overview for October 31, 2025

• Price traded in a tight range before a late rally, with a 0.46% closing gain.
• Key support tested near $0.00922 amid midday selloff, later reclaimed.
• Volatility expanded post-18:00 ET, with volume rising as price approached $0.0094.
• Momentum indicators showed tentative bullish divergence during the final 3 hours.
• A bullish engulfing pattern formed near the daily close, suggesting potential follow-through.

24-Hour Snapshot

Ankr/Tether (ANKRUSDT) opened at $0.00937 and closed at $0.0094 at 12:00 ET on October 31 after a 24-hour session that saw a high of $0.00972 and a low of $0.00912. Total trading volume reached approximately 95.4 million ANKR, with notional turnover of ~$900,000, reflecting moderate liquidity and mixed sentiment across key timeframes.

Structure & Formations

The 15-minute chart displayed a consolidation phase early on, with a bearish breakdown to $0.00922 that lasted until 19:00 ET. A subsequent bullish reversal emerged, marked by a bullish engulfing pattern forming near $0.0094 after the price tested a prior resistance zone. A notable doji formed at $0.00957 around 08:45 ET, indicating indecision. Key support levels were confirmed at $0.00922 and $0.00932, while resistance emerged near $0.00957 and $0.00965.

Moving Averages and Volatility

The 20-period and 50-period moving averages on the 15-minute chart crossed to the bullish side after 19:00 ET, signaling a trend reversal. Bollinger Bands showed a moderate expansion after 18:00 ET, with the price closing near the upper band at $0.0094, suggesting heightened volatility. The 200-period daily MA is currently at $0.00942, placing the close just below the long-term neutral level.

Momentum and Reversal Signals

Momentum turned positive after 21:00 ET, with a modest RSI rebound from 42 to 54 over the last 3 hours. The RSI remains within neutral territory, but divergence is observed between the lower lows and higher RSI readings in the final hours of the session. A 38.2% Fibonacci retracement of the earlier downswing aligns with $0.00942, which is now acting as a potential pivot zone.

Backtest Hypothesis

To evaluate the effectiveness of RSI overbought conditions in capturing retracement opportunities for ANKRUSDT, a backtest strategy can be constructed using the 14-period RSI on a 1-hour timeframe. Signals are generated when RSI exceeds 70 (overbought) and confirmed with a close above the 20-period moving average. The exit is triggered at a 5% retracement from the entry point, with stops placed below key support levels. Given the recent volatility expansion and the RSI’s tentative rebound from the mid-40s, the backtest period from 2022-01-01 to 2025-10-31 could offer insights into the effectiveness of the strategy. A confirmed symbol format is required to retrieve the RSI data for ANKRUSDT, as outlined.

Outlook and Risk

Looking ahead, the price may test the $0.00957–$0.00965 range on renewed optimism, particularly if volume remains strong. However, a failure to hold above $0.0094 could invite short-term profit-taking and retesting of the $0.00932 level. Investors should monitor the 50-period MA for directional confirmation and be cautious of thin volume-driven spikes that may lead to false breakouts.