Ark/Tether USDt Market Overview – 2025-09-10

• Ark/Tether USDt rose 1.06% over the last 24 hours amid strong buying pressure in the afternoon.
• Price consolidated in a narrow range before surging toward the close, signaling potential momentum.
• Volatility expanded after 18:00 ET, with volume spiking to 88,750 units, supporting the upward move.
• RSI near neutral territory suggests no extreme overbought condition, while MACD shows positive divergence.
• Bollinger Bands showed a contraction in the morning, followed by a breakout in the late afternoon.

ARKUSDT opened at $0.4431 on 2025-09-09 at 12:00 ET and closed at $0.4451 on 2025-09-10 at 12:00 ET. The pair reached a high of $0.4574 and a low of $0.4417, with total volume of 582,699.6 units and a turnover of $260,775.81 in the 24-hour window.

Structure & Formations

Price formed a bullish engulfing pattern between 16:30 and 17:00 ET, followed by a key breakout above the descending resistance of $0.446. A potential support zone formed between $0.4452 and $0.4455, as the price tested this area multiple times before breaking higher. A bearish doji appeared around $0.4475, signaling temporary indecision.

Moving Averages

On the 15-minute chart, the 20-period and 50-period SMAs crossed bullish in the late afternoon, reinforcing the recent strength. On the daily chart, the 50-period SMA sits at $0.4458, slightly below the current price, while the 100-period SMA is at $0.4462 and the 200-period SMA is at $0.4465, indicating short-term bullish momentum.

MACD & RSI

The MACD crossed above zero in the afternoon and has remained positive, with the histogram showing a modest but consistent increase, suggesting continued bullish momentum. The RSI remains in the neutral range around 50, indicating no extreme overbought condition and potential room for further upside.

Bollinger Bands

Bollinger Bands showed a contraction in the morning, reducing volatility, followed by an expansion after 16:00 ET. Price remained within the bands throughout, with the close near the upper band, indicating strong buying pressure in the final hours of the 24-hour window.

Volume & Turnover

Volume spiked to 88,750 units during the late afternoon, aligning with the breakout and confirming the strength of the move. Turnover increased in tandem, with no notable divergence between price and volume. The largest single 15-minute turnover occurred at $0.452, with $21,544.70 traded.

Fibonacci Retracements

Applying Fibonacci retracement levels to the recent swing low of $0.4417 and swing high of $0.452, the 61.8% level is at $0.4476, where the price found resistance and consolidation. The 38.2% level at $0.4461 acted as a support zone before the breakout, making it a key area to monitor for potential retracement or continuation.

Backtest Hypothesis

The described backtesting strategy targets entries on 15-minute bullish engulfing patterns confirmed by volume spikes. Based on today’s data, the 16:30–17:00 ET pattern and subsequent volume surge at 18:00 ET align with the criteria. If tested, the strategy would have entered near $0.4442 with a stop below $0.4434 and a target above $0.4475. Given today’s price action, the strategy appears to yield a favorable risk/reward ratio, though further testing across multiple timeframes is needed to confirm consistency.