Market Overview for Ankr/Tether (ANKRUSDT)

• Price opened at $0.01386 and closed at $0.01398, forming a bullish bias over 24 hours.
• A key breakout above 0.01385 marked a 61.8% Fibonacci level, suggesting short-term strength.
• Volume surged past 6M in the final hours, confirming upward momentum.
• RSI and MACD showed divergence early but reconfirmed on the 15-minute chart.
• Bollinger Bands narrowed pre-breakout, then expanded with increased volatility.

Ankr/Tether (ANKRUSDT) opened at $0.01386 on 2025-09-23 12:00 ET and closed at $0.01398 by 2025-09-24 12:00 ET. The 24-hour high was $0.01402 and the low $0.01361. Total volume reached 132,874,900 units, with a notional turnover of approximately $1,854,100.

The price action displayed a distinct bullish bias, especially after the 0.01385 level was decisively broken on the 15-minute chart. This level coincided with a 61.8% Fibonacci retracement of the earlier bearish swing, suggesting technical confirmation. Key support levels appeared at 0.01372 and 0.01361, while resistance emerged at 0.01401 and the pre-breakout high of 0.01402.

The 20-period and 50-period moving averages on the 15-minute chart aligned closely, with price above both, signaling a continuation of bullish momentum. The 50-period MA crossed above the 100-period and 200-period on the daily chart, indicating a potential longer-term uptrend. Price also remained above the midline of Bollinger Bands for much of the day, with a notable expansion following the breakout.

MACD & RSI Analysis

The MACD showed a bullish crossover late in the 24-hour period, with the histogram expanding during the final hours. RSI climbed from 50 to 58 by the close, avoiding overbought territory. This suggests that while upward momentum is strong, it remains within sustainable limits for now. Divergences between price and RSI appeared earlier but were resolved by the time of the breakout.

Volume and Turnover

Volume surged past 6 million in the final two hours, aligning with the upward breakout. Turnover also increased, confirming the price action. However, there were periods of divergence between volume and price, particularly during the consolidation phase between 19:00 and 22:00 ET, where volume remained subdued despite price volatility. This may indicate caution among buyers prior to the breakout.

Bollinger Bands and Fibonacci

Bollinger Bands showed a clear contraction before the breakout, which is often a precursor to a move. Price found support at the 38.2% and 61.8% Fibonacci levels during the consolidation phase, with the final breakout occurring above the 61.8% level. This adds credibility to the move as a measured price reaction rather than a random spike.

Forward Outlook

The price is likely to test the next key resistance at 0.01401–0.01402 in the coming 24 hours. A successful close above this would open the door to 0.0141. However, a pullback to the 0.0139–0.01385 range could consolidate gains and reaffirm bullish control. Investors should remain cautious if RSI approaches overbought levels and if volume declines significantly.

Backtest Hypothesis

The proposed backtesting strategy involves entering long positions on a breakout above the 61.8% Fibonacci level with a stop-loss placed below the 38.2% level. The 15-minute MACD and RSI are used to confirm the strength of the breakout, with a target exit at the next major resistance level. The Bollinger Band expansion serves as a secondary confirmation of increased volatility and momentum. This approach aligns with today’s market action, where Fibonacci and momentum indicators converged to confirm the bullish move.