Summary
• Price remains locked in a narrow consolidation range near 1.4e-07 for nearly the entire 24-hour window.
• Minimal volume and turnover suggest a lack of conviction or activity in the pair.
• No clear candlestick pattern or breakout emerged, with open and close prices aligning closely.
Altlayer/Bitcoin (ALTBTC) opened at 1.4e-07 on 2026-01-12 at 12:00 ET and traded within a nearly flat range, reaching a high and low of 1.4e-07. It closed at the same level 24 hours later. Volume totaled 597,060.0, with notional turnover at 0.07355026.
Structure & Formations
ALTBTC exhibited no significant price movement or identifiable candlestick patterns over the last 24 hours. All candlesticks were doji-like with no directional bias. Key resistance and support levels could not be determined due to the lack of price differentiation.
Moving Averages
On the 5-minute chart, the 20- and 50-period moving averages remained flat at 1.4e-07, reflecting no change in trend. Daily moving averages (50, 100, 200) are likely similarly aligned, reinforcing a lack of momentum.
MACD & RSI
The MACD remained centered near zero, indicating no clear momentum in either direction. RSI was flat near the neutral 50 level, with no overbought or oversold signals observed.
Bollinger Bands
Bollinger Bands showed minimal expansion due to the lack of volatility, with price staying at the center of the bands throughout the 24-hour period. Volatility is unusually compressed, hinting at a potential breakout or continued consolidation.
Volume & Turnover
Volume and turnover were consistently near zero for most of the period, with only two notable spikes: one at 01:30 ET (volume: 982.0) and another at 09:45 ET (volume: 519,509.0). These spikes did not result in price movement and appear to reflect order-book activity rather than directional trading.
Fibonacci Retracements
No significant Fibonacci retracement levels could be identified due to the lack of a discernible price swing in the 24-hour period.
Looking ahead, the market appears to be in a state of indecision, with no clear catalyst for movement. Investors should be cautious of potential range-breakouts or sudden liquidity events.
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