Ark/Tether Market Overview: Sharp Downtrend and Increased Volatility in 24 Hours

Generated by AI AgentTradeCipherReviewed byAInvest News Editorial Team
Monday, Nov 3, 2025 10:14 pm ET1min read
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- ARK/USDT fell 8.1% in 24 hours, closing at $0.2865 after a sharp bearish gap and high volatility.

- Technical indicators showed overbought-to-oversold RSI, bearish MACD divergence, and price below 20/50-period MAs.

- Volume spiked during key declines, with $0.2960 support broken after forming bearish engulfing and doji patterns.

- Bollinger Bands expansion and Fibonacci 61.8% level breakdown suggest potential continuation toward $0.2800 support.


• ARK/USDT opens at $0.3118 and closes at $0.2865, with a low of $0.2760 and high of $0.3191
• Price action shows significant bearish momentum and a large bearish gap in the final 15 minutes
• High volume spikes correlate with price drops, particularly in the last 6 hours
• RSI shows overbought conditions in the early session and oversold toward the close
• Bollinger Bands suggest a sharp volatility expansion and price is far below the 20-period MA

ARK/Tether (ARKUSDT) opened at $0.3118 and closed at $0.2865 on 2025-11-03, with a high of $0.3191 and low of $0.2760. Total volume over the 24-hour period was 1,266,166.39 USDT, with a notional turnover of $371,544.60. The pair exhibited a strong bearish bias as price dropped below key support levels toward the close.

Structure and formations reveal a sharp bearish move following a brief attempt to retest $0.314–$0.315 resistance. A bearish engulfing pattern formed around $0.3143–$0.3138, followed by a doji around $0.3023 and a large bearish candle at $0.2976–$0.2948. These suggest exhaustion in the bullish side and possible continuation of the downtrend. A major support level appears to have formed around $0.2960–$0.2970, but price broke below this after 16:00 ET.

The 20-period and 50-period moving averages (15-min chart) were both above price at the end of the 24-hour window, indicating a bearish crossover. On the daily chart, the 50- and 200-period MAs appear to have been pierced as price fell sharply. MACD turned negative and the histogram expanded, showing bearish momentum. RSI dropped from overbought to oversold conditions, dipping below 25 by the final candle, which may indicate a short-term oversold bounce could emerge.

Bollinger Bands expanded significantly during the final 6 hours of the session, with price settling near the lower band on the 20-period chart. This suggests high volatility and a continuation pattern. Volume surged during the decline to $0.2865, reinforcing bearish conviction. Notional turnover spiked during the $0.3153–$0.3018 drop, aligning with price action, but volume waned slightly during the last hour, possibly indicating a pullback.

Fibonacci retracement levels from the key swing high at $0.3191 to the low at $0.2760 show 38.2% at $0.3014 and 61.8% at $0.2900. Price has tested and bounced off the 61.8% level twice before breaking it in the final hours, suggesting further support at $0.2850–$0.2800 may be in play.

A backtesting hypothesis could be to use a 50-period EMA crossover on the 15-minute chart to detect short-term bearish continuation patterns. A sell signal is triggered when price closes below the 50 EMA, with a stop above the 20 EMA. This aligns with the observed bearish engulfing and doji patterns, and could have captured the sharp drop from $0.3143 to $0.2865.