Market Overview for Ankr/Tether (ANKRUSDT): 2025-09-19 12:00 ET – 2025-09-20 12:00 ET

• ANKRUSDT opened at $0.01506 and closed at $0.01492 after a volatile 24-hour session.
• Price formed a bearish flag pattern during the overnight Asian session before consolidating.
• Volume spiked during the 18:15–19:00 ET time frame, suggesting key participation in the downward move.
• RSI and MACD signaled bearish momentum, with price near the 20-period MA on 15-min chart.
• Bollinger Bands showed contraction in the early morning followed by a break below the midline.

15-Minute Price Summary

Ankr/Tether (ANKRUSDT) opened at $0.01506 on 2025-09-19 at 12:00 ET and closed at $0.01492 on 2025-09-20 at 12:00 ET, with a high of $0.01511 and a low of $0.01477. Total volume over the period was 8,341,263.6, and notional turnover amounted to approximately $124,600. The pair exhibited a bearish bias through most of the period, particularly during Asian and early European hours.

Structure & Formations

Price action over the 24-hour period displayed a bearish flag pattern, forming after a sharp downward move from $0.0151 to $0.01495. Key support levels emerged around $0.01490 and $0.01485, where buying interest briefly emerged. A long bearish shadow was observed around 08:15–09:15 ET, suggesting a potential rejection of lower prices. No strong bullish reversal patterns were formed, although a doji appeared at $0.01500 near 17:00 ET, signaling indecision.

Key Resistance and Support Levels (15-Min Chart)

Resistance: $0.01505, $0.01510
Support: $0.01495, $0.01490, $0.01485

Moving Averages

On the 15-minute chart, the 20-period MA hovered around $0.01498–0.01501, and the 50-period MA at $0.01495–0.01498. Price closed below both indicators at $0.01492, indicating short-term bearish momentum. On the daily chart, the 50, 100, and 200-day MAs were not provided, but based on the 15-min data, it appears the price is approaching a key inflection point where a break below $0.01485 could trigger further downside.

MACD and RSI Analysis

MACD showed bearish divergence with price during the 18:15–19:00 ET time frame, confirming the sharp decline. The histogram turned negative, with the signal line crossing below the zero line, reinforcing bearish bias. RSI dropped below 40 and reached a low of 30.6 at the end of the session, indicating oversold conditions and potential for a short-term bounce. However, the RSI failed to form a bullish divergence, suggesting the oversold level may not be a strong reversal point.

Bollinger Bands and Volatility

Bollinger Bands experienced a brief contraction in the early hours of 2025-09-20, followed by a sharp expansion as price broke below the lower band. This suggests increased volatility and potential continuation of the bearish move. Price closed at $0.01492, slightly above the lower band, indicating a possible rebound, though a retest of the lower band is expected if volume remains high.

Volume and Turnover

Volume surged during the 18:15–19:30 ET window, coinciding with the sharp decline from $0.01506 to $0.01485. This suggests increased selling pressure and conviction from large participants. Notional turnover also spiked during this period, reaching over $18,000 at one point. However, volume declined in the final hours, suggesting potential exhaustion in the downward move. The price / volume relationship showed strong alignment during the decline, but diverged slightly near the closing hour, hinting at possible short-term reversal or consolidation.

Fibonacci Retracements

Using the most recent 15-min swing high at $0.01511 and swing low at $0.01485, key Fibonacci retracement levels include:- 38.2%: $0.01498
- 61.8%: $0.01491

Price closed near the 61.8% level, indicating a possible consolidation or short-term reversal. On the daily chart, retracement levels from a longer-term move were not available, but the 15-min analysis suggests a key pivot near $0.01490–0.01491 could act as support or trigger further movement based on volume.

Backtest Hypothesis

A potential backtesting strategy could involve entering short positions when the 20-period MA crosses below the 50-period MA on the 15-min chart, with a stop-loss placed above a recent swing high and a take-profit target set at the 61.8% Fibonacci level or the nearest support. This setup could have been triggered near $0.01505 in this session and would have yielded a favorable risk-to-reward ratio. Given the oversold RSI and declining volume in the final hours, a reversal strategy using a bullish divergence or a breakout above the 20-period MA might also offer short-term profit potential.