Api3 (API3USDT) Market Overview – 24-Hour Summary (2025-08-19)

• API3USDT surged 83.5% in 24 hours, closing at 1.348 after a sharp post-noon reversal.
• Key support at 1.236–1.426 holds; resistance at 1.56–1.715 faces immediate pressure on rebounds.
• Volume spiked 20x in the 7:45–8:30 ET window, confirming bullish breakouts.
• RSI hit 68 at peak, suggesting moderate momentum; MACD crossed positive at 0.017.
• Bollinger Band expansion from 0.849 to 1.861 indicates heightened volatility.

Api3 (API3USDT) opened at 0.835 on 2025-08-18 at 12:00 ET and surged to a 24-hour high of 1.861 before closing at 1.348 on 2025-08-19 at 12:00 ET. The pair traded as low as 0.81 and recorded a total volume of 164.2 million USDT with a notional turnover of $145.8 million.

Structure & Formations

The API3USDT chart showed a strong bullish reversal formation starting at 07:45 ET, marked by a 15-minute candle opening at 1.236 and closing at 1.533, with a high of 1.861 — a clear engulfing pattern. A 1.62–1.594 consolidation in the 09:30–10:30 ET window suggests buyers are testing resistance ahead of the 1.715–1.838 range. A doji formed at 10:15 ET, signaling indecision around 1.605, and a bearish harami followed at 10:30–10:45, pointing to potential profit-taking.

Moving Averages

On the 15-minute chart, the 20-period MA crossed the 50-period MA at 1.582 in the early morning, confirming a bullish bias. The 50-period MA at 1.465 supports the short-term rally. Daily MAs indicate the 50-day MA at 1.365 is aligning with the 200-day MA, suggesting a potential trend reversal from bearish to neutral.

MACD & RSI

The MACD crossed into positive territory at 07:45 with a reading of 0.017, signaling increasing bullish momentum. RSI peaked at 68 near the 1.861 high and has since fallen to 53, indicating balanced sentiment. Overbought conditions were observed briefly during the 8:00–8:30 ET surge.

Bollinger Bands

Bollinger Bands expanded significantly from a narrow 0.849–0.834 range to a wide 0.81–1.861 range, reflecting heightened volatility. Price has traded primarily between the +1σ and -1σ bands since 08:00 ET, with the 1.348 close near the midband. A breakout above the upper band would require sustained volume and buying pressure.

Volume & Turnover

Volume spiked 20x at 07:45 ET with a 15-minute turnover of $16.4 million, confirming the breakout. Turnover remained elevated between 08:00–09:00 ET, averaging $15–18 million per 15 minutes. A divergence between price and turnover appeared after 10:30 ET, with volume dropping to $1.5 million as price fell from 1.687 to 1.565.

Fibonacci Retracements

The 0.81–1.861 swing shows a 38.2% retrace at 1.342 and a 61.8% retrace at 1.098. A 61.8% level at 1.098 could act as a critical support if the current rally fails. On the daily chart, a 61.8% retrace from 0.831–1.861 is at 1.325, which is close to the current close and may offer a short-term floor.

Api3 (API3USDT) may test 1.40–1.45 as a near-term target, with a risk of pullback if 1.348 support fails. Traders should remain cautious as volatility remains high, and divergence in volume-turnover suggests uncertainty in the next 24 hours.