AInvest Newsletter
Daily stocks & crypto headlines, free to your inbox
Summary
• Price declined sharply from 0.0074 to 0.00712, forming bearish continuation patterns.
• MACD and RSI confirmed bearish momentum, with RSI approaching oversold levels.
• Volatility expanded as Bollinger Bands widened, with price near lower band.
• High-volume sell-offs observed between 19:00 and 22:30 ET, driving price down.
Ankr/Tether (ANKRUSDT) opened at 0.0074 at 12:00 ET − 1 and closed at 0.00712 at 12:00 ET, with a high of 0.0074 and a low of 0.00703. Total volume for the 24-hour window was 21.56 million
, and notional turnover reached $166,500.Structure & Formations
Price action over the 24 hours showed a clear bearish bias, with a breakdown below key support at 0.0073, followed by a sharp decline into 0.00712. A series of bearish engulfing patterns and lower highs after 18:45 ET confirmed the downward trend. A notable bearish reversal was observed at 0.00735, where price failed to recover.
Moving Averages and Momentum

Volatility and Bollinger Bands
Bollinger Bands expanded in the early session before narrowing during consolidation at 0.0073–0.0074. As price declined past 0.00725, volatility surged again, and price approached the lower band. This suggests increased bearish pressure and potential for a retest of the 0.0070–0.0071 range.
Volume and Turnover
Volume spiked sharply between 19:00 and 22:30 ET, aligning with the price breakdown to 0.00712. Turnover also increased significantly during this period, confirming the strength of the bearish move. Price and volume action remained aligned, with no divergence observed.
Fibonacci Retracements
On the 5-minute chart, a key retracement level at 0.00725 acted as resistance before price broke below. On the daily chart, the 61.8% Fibonacci level near 0.00705–0.0071 may now provide support. A close below 0.0070 could invite further bearish extension toward 0.0069.
The next 24 hours could see a test of the 0.0070 level, with a potential bounce if RSI reacts off oversold. Traders should remain cautious as volatility remains high and further downside is possible if support fails to hold.
Decoding market patterns and unlocking profitable trading strategies in the crypto space

Jan.15 2026

Jan.15 2026

Jan.15 2026

Jan.15 2026

Jan.15 2026
Daily stocks & crypto headlines, free to your inbox
Comments
No comments yet