Market Overview for Ankr/Tether (ANKRUSDT) on 2025-10-01

• Price rose from 0.01318 to 0.01388 over 24 hours, with a late consolidation phase.
• Volume surged during the 09:45–10:45 ET window, signaling increased interest.
• RSI hit overbought levels near 70, while MACD showed fading bullish momentum.
• Bollinger Bands expanded as price pushed to the upper band before retracing.
• A key resistance is forming near 0.01385–0.01390, with Fibonacci 61.8% aligned there.

Ankr/Tether (ANKRUSDT) opened at 0.01318 on 2025-09-30 at 12:00 ET and closed at 0.01388 on 2025-10-01 at 12:00 ET, reaching a high of 0.01393 and a low of 0.01314. Total volume traded over 24 hours was 190,600,224.7, with a notional turnover of approximately $2,618,929 at close prices.

Structure & Formations

Price action developed a clear ascending pattern, forming a series of higher highs and higher lows. A bullish breakout occurred near 0.01384–0.01389, confirmed by strong volume and a closing candle with a long upper wick at 0.01391, suggesting a test of resistance. A key support level is now forming around 0.01375–0.01380, which appears to be the 38.2% Fibonacci retracement from the recent high. A doji at 0.01384–0.01384 on 2025-10-01 at 08:45 ET signaled indecision after a sharp rise, followed by a consolidation phase that may be forming a potential countertrend setup.

Moving Averages

On the 15-minute chart, the 20-period and 50-period moving averages crossed positively midday, indicating a continuation of the bullish trend. On the daily chart, the 50 and 200-period MAs remain bullish with price above both. The 100-period MA is catching up to the 50-period, suggesting a potential slowdown in the rate of price appreciation.

MACD & RSI

MACD was in positive territory throughout the session, peaking at 0.00018 before trending downward, indicating waning momentum. The RSI climbed to 71 by 10:00 ET, signaling overbought conditions. A divergence between the RSI and price emerged after 10:30 ET, as the price continued to rise while the RSI flattened, suggesting a potential pullback may be near.

Bollinger Bands

Volatility increased sharply during the 09:30–10:45 ET window, as price reached the upper Bollinger Band. Price then consolidated within the bands, hovering near the moving average, indicating reduced momentum. A contraction in the bands earlier in the session may have been a prelude to the breakout, which unfolded around 09:45 ET.

Volume & Turnover

Volume spiked from 917,353.1 at 09:15 ET to over 3.2 million at 15:45 ET, confirming the breakout. The notional turnover aligned with the volume increases, with the largest turnover occurring during the 14:30–16:00 ET window. Price and turnover moved in tandem during the breakout, but a divergence appeared after 15:30 ET, with volume slowing while price remained near highs—this could indicate exhaustion.

Fibonacci Retracements

On the 15-minute chart, the 61.8% retracement of the recent swing (0.01314 to 0.01393) is around 0.01377–0.01382, coinciding with a key support zone. On the daily chart, Fibonacci levels also align with the 0.01375–0.01380 range, making this area a probable pivot point for the next 24 hours.

Backtest Hypothesis

The backtest strategy described involves entering long positions on breakouts above key Fibonacci levels and 50-period MAs, with a stop-loss placed below the 38.2% retracement. This aligns with the observed 0.01384–0.01389 breakout and the strong volume confirmation, making it a potentially actionable signal. The RSI overbought condition and the divergence suggest a risk of a pullback, so the strategy could be enhanced by including a tight trailing stop after a confirmed breakout.