Lisk/Bitcoin (LSKBTC) Market Overview - November 11, 2025

Summary
• Lisk/Bitcoin opened at $1.94e-06 and closed at $3.05e-06 by 12:00 ET on November 11, 2025.
• The price surged to a high of $4.08e-06, with total volume exceeding 4.37 million units.
• Momentum intensified mid-day, with RSI reaching overbought levels before retracing.

Lisk/Bitcoin (LSKBTC) opened at $1.94e-06 on November 10, 2025, at 12:00 ET and closed at $3.05e-06 on the same time the next day. The pair reached a high of $4.08e-06 and a low of $1.93e-06, with a total trading volume of 4,371,001.1 units and a notional turnover of $13,091.69 over the 24-hour period. The price action reflects a strong bullish move driven by large volume and positive momentum.

Structure & Formations

The price structure shows a clear ascending channel formation with a key resistance at $4.08e-06 and a dynamic support line forming at $1.93e-06. A series of strong bullish engulfing candles emerged post-06:00 ET as Lisk/Bitcoin surged past key psychological levels. A notable bearish pinocchio candle appeared near the session high, signaling potential exhaustion. The price then consolidated around $3.05e-06, hinting at a possible short-term equilibrium point.

Moving Averages

On the 15-minute chart, the 20-period and 50-period moving averages were in bullish alignment, with the 20 SMA pushing above the 50 SMA in the mid-session hours, confirming short-term bullish momentum. The 50, 100, and 200-period moving averages on the daily chart were all ascending, suggesting a broader bullish trend. The price closed above the 50-period daily MA, reinforcing the continuation of the upward trajectory.

MACD & RSI

The MACD histogram showed a strong bullish divergence post-07:00 ET, with the MACD line crossing above the signal line, reinforcing the price rally. RSI reached overbought territory (above 70) after the $4.08e-06 peak, indicating short-term momentum may be exhausted. However, it later corrected to a neutral level (~55), suggesting potential consolidation ahead of a new directional move. The momentum remains positive but is beginning to show signs of divergence from the price high.

Bollinger Bands

The price spent much of the session above the upper Bollinger Band, reaching a peak at $4.08e-06, indicating high volatility and strong bullish sentiment. The bands were wide from 06:00 to 08:00 ET, confirming the intense price action. Following the peak, the price retracted toward the middle band, suggesting a potential pullback or consolidation phase. The narrowing of the bands later in the session hints at a possible shift in volatility.

Volume & Turnover

Volume spiked significantly after 06:00 ET, coinciding with the price surge to $4.08e-06. The highest single candle volume was 468,112.9 units, with a notional turnover of $1,077.88. This was followed by a secondary, though smaller, volume spike at the $3.78e-06 level. Price and turnover were aligned during the bullish move, confirming the strength of the buying pressure. However, during the consolidation phase, volume declined, suggesting a lack of conviction in the current price level.

Fibonacci Retracements

The 15-minute Fibonacci levels highlighted a key 61.8% retracement at $2.85e-06 during the consolidation phase, which the price briefly tested. On the daily chart, a retracement from the recent high to the $2.3e-06 level acted as a pivot point. The price held above this level, suggesting strong support in that area. The 38.2% retracement at $3.09e-06 was closely aligned with the closing price, indicating a potential short-term target for further gains.

Backtest Hypothesis

A potential backtesting strategy involves entering long positions when the 20-period and 50-period SMAs cross bullish on the 15-minute chart, confirmed by a bullish engulfing candle and MACD crossover. Exit signals could be triggered by a bearish divergence in the MACD histogram or when the price drops below the 20-period SMA. This strategy was aligned with today’s price behavior and could be tested over multiple bullish cycles to assess its robustness under varying volatility.