Market Overview for Ankr/Tether (ANKRUSDT) – 2025-09-23

• • Ankr/Tether (ANKRUSDT) traded in a narrow 24-hour range, with price hovering near key support and resistance levels.
• • Momentum indicators suggest mixed short-term sentiment, with RSI near neutral and MACD in consolidation.
• • Volume and turnover remain moderate, with no sharp spikes indicating strong institutional or retail interest.
• • Volatility remains constrained within Bollinger Bands, with no clear breakout or breakdown pattern observed.
• • Fibonacci retracement levels suggest potential turning points around 0.01372 and 0.01383 in the near term.

24-Hour Price Summary

Ankr/Tether (ANKRUSDT) opened at 0.01382 at 12:00 ET–1 and closed at 0.01384 at 12:00 ET on 2025-09-23. The pair reached a high of 0.01390 and a low of 0.01350 during the 24-hour period, indicating a tight range with limited directional bias. Total volume for the period amounted to 6,148,683.3 ANKR, while notional turnover was approximately $83,500 USD, reflecting moderate market activity.

Structure & Formations

The 15-minute chart reveals a range-bound pattern with a key support level forming near 0.01372 and a corresponding resistance near 0.01383. A few bearish and bullish engulfing patterns were observed during the early morning hours, particularly between 01:00 and 03:00 ET, suggesting indecision in the market. A notable doji formed around 01:45 ET near 0.01368, signaling potential exhaustion in the downward move.

Moving Averages

On the 15-minute chart, the 20-period and 50-period SMAs appear to be converging, with price hovering just above the 20-period line. The 50-period MA is slightly bullish, but the lack of clear separation suggests the market is in consolidation. On the daily chart, the 50-period, 100-period, and 200-period MAs form a flat configuration, indicating no strong trend formation at the longer time horizon.

MACD & RSI

The 15-minute MACD has been hovering near the zero line, with no clear momentum divergence from price. RSI remains within a neutral range of 40–60, indicating a lack of overbought or oversold conditions. The absence of RSI divergence from the price action suggests that the current consolidation may persist unless a clear breakout occurs.

Bollinger Bands

Volatility remains stable, with price staying within the Bollinger Bands for most of the 24-hour period. A minor contraction was observed between 04:00 and 07:00 ET, potentially setting the stage for a breakout, though no such event occurred. The most recent expansion occurred after 14:00 ET, indicating renewed short-term volatility. Price has remained within one standard deviation of the 20-period SMA, reinforcing the range-bound narrative.

Volume & Turnover

Volume and turnover remained relatively consistent throughout the day, with no significant spikes indicating strong short-term conviction. The largest volume spike occurred between 03:15 and 03:30 ET, coinciding with a minor price rebound from 0.01356 to 0.01370. There is no divergence between price and volume in recent sessions, suggesting the current consolidation is broadly supported.

Fibonacci Retracements

Key Fibonacci levels on the 15-minute chart include 38.2% (0.01375), 50.0% (0.01376), and 61.8% (0.01379). Price has bounced off the 38.2% and 61.8% levels on multiple occasions, suggesting these are strong support/resistance zones. On the daily chart, retracement levels suggest a potential turning point near 0.01368 (61.8%) and 0.01383 (38.2%), which could be pivotal in the next 24 hours.

Backtest Hypothesis

Given the observed consolidation and moderate volume, a potential backtest strategy could focus on range-bound setups using the 38.2% and 61.8% Fibonacci levels as entry triggers. A buy strategy might be activated when price breaks above 0.01379 with increasing volume, while a sell strategy could be initiated on a confirmed close below 0.01372. Stop-loss orders could be placed at the next Fibonacci level beyond these entries. The MACD and RSI would serve as confirmation tools to avoid false breakouts. This approach could be evaluated over multiple 15-minute timeframes to assess consistency.