Market Overview for Alpine F1 Team Fan Token/Tether (ALPINEUSDT) – 2025-09-27

• ALPINEUSDT surged ~123% from $2.13 to $4.88 in 24 hours, driven by strong buying pressure.
• Price formed bullish engulfing and bullish continuation patterns, especially post-4.50 support.
• RSI crossed 70, indicating overbought conditions, while MACD showed positive momentum.
• Bollinger Bands widened sharply, reflecting increased volatility from $2.13 to $6.17.
• Volume spiked near highs, confirming strength, but turnover diverged slightly in late hours.

Alpine F1 Team Fan Token/Tether (ALPINEUSDT) opened at $2.13 on 2025-09-26 12:00 ET and closed at $4.88 by 12:00 ET on 2025-09-27. The price hit a high of $6.17 and a low of $2.13 over the 24-hour period. Total traded volume reached 10,338,042.29, while notional turnover stood at approximately $46,042,619. The asset has shown strong upward momentum with increasing volatility and volume confirmation.

Structure & Formations

The 15-minute chart revealed a powerful bullish breakout after forming a strong base around $2.13–$2.20. A bullish engulfing pattern emerged at $2.193–$2.23, followed by a continuation pattern as the price surged above $3.00. A strong support level formed at $4.50–$4.70, which held through multiple pullbacks before a new wave pushed the price above $5.00. A large bullish marubozu at $5.00–$5.34 indicated strong buying pressure, and a potential consolidation phase may begin above $5.70.

Moving Averages

The 15-minute chart shows that the 20SMA and 50SMA were both bullish, with the 20SMA crossing above the 50SMA mid-session, forming a golden cross. On a daily timeframe, the 50DMA and 200DMA began to converge, with the price above both, suggesting a continuation of the uptrend. The 100DMA was still lower but trending upward, indicating the trend is strengthening.

MACD & RSI

MACD was in bullish territory, with the histogram expanding and the signal line lagging, confirming rising momentum. RSI pushed into overbought territory (above 70), indicating a potential short-term pullback may occur, although strong volume suggests the trend could continue. Divergence between price and RSI is not currently visible, supporting the view that the rally remains healthy.

Bollinger Bands

Bollinger Bands expanded significantly from a range of ~$0.05 to ~$1.50, reflecting heightened volatility. The price frequently touched and even breached the upper band during the afternoon and evening, confirming strong bullish momentum. A narrowing of the bands could signal a potential consolidation phase, but this has not yet occurred. Price action has remained within the bands, suggesting the move is still within normal volatility levels.

Volume & Turnover

Trading volume peaked near the high at $6.17 with a 15-minute volume of 591,494.19, confirming strength. Total volume exceeded 10 million, indicating widespread participation. Notional turnover also rose sharply after the $5.00 level was breached, but a slight divergence emerged in the final hours, where volume slowed even as price edged higher. This may indicate a potential near-term exhaustion of upward pressure.

Fibonacci Retracements

Key Fibonacci levels from the 2.13–6.17 range were tested, with 61.8% at ~$5.14 and 78.6% at ~$5.89. The price found support at the 61.8% level and continued higher. Short-term retracement levels on the 4.50–6.17 swing are at 38.2% (~$5.40) and 61.8% (~$5.80), both of which have been tested and held.

Backtest Hypothesis

The backtesting strategy described focuses on identifying strong bullish breakouts using a combination of 50SMA crossovers, bullish engulfing patterns, and MACD divergence. Given the recent behavior of ALPINEUSDT, where a golden cross formed on the 15-minute chart and a bullish engulfing pattern was confirmed, the conditions align well with the backtest criteria. If this pattern repeats, the price may target the next Fibonacci level at ~$6.17, or potentially extend beyond that with strong volume confirmation. However, an overbought RSI and diverging turnover may suggest a potential pullback is due if volume fails to confirm further advances.