Market Overview for Ankr/Tether (ANKRUSDT)

Generated by AI AgentAinvest Crypto Technical RadarReviewed byAInvest News Editorial Team
Saturday, Jan 10, 2026 2:07 pm ET1min read
ANKR
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Aime RobotAime Summary

- ANKRUSDT tested $0.00734 resistance repeatedly but failed to break through, forming bearish engulfing patterns.

- RSI signaled overbought conditions before a sharp pullback, while Bollinger Bands showed contraction hinting at potential breakouts.

- Volume surged at key levels ($0.00734/$0.00725), confirming resistance/support, with Fibonacci suggesting $0.00725 as immediate support.

- Market consolidation between $0.00716-$0.00739 indicates high volatility risks, with potential for directional breakout based on volume dynamics.

Summary
• Price action showed a bearish bias after testing key resistance at $0.00734 multiple times.
• Volatility expanded during early hours, with volume surging at key inflection points.
• RSI signaled overbought conditions late morning, followed by a sharp pullback.
• A potential support level emerged around $0.00725 after a bearish engulfing pattern.
• Bollinger Bands showed a mild contraction, suggesting a potential breakout ahead.

At 12:00 ET on 2026-01-10, Ankr/Tether (ANKRUSDT) opened at $0.00734, reached a high of $0.00739, and closed at $0.00725 after hitting a low of $0.00716. Total volume for the 24-hour period was 12,432,323.5 units, with a notional turnover of $89,263.50.

Structure and Candlestick Formations


Price tested a key resistance at $0.00734 multiple times but failed to break through, with bearish engulfing patterns signaling potential reversals. A strong support level formed near $0.00725 after a sharp decline, with a doji appearing at $0.00723 indicating indecision. The price appears to be consolidating between these levels, suggesting a potential for a breakout or reversal depending on upcoming volume.

Moving Averages and Momentum

On the 5-minute chart, the 20-period moving average dipped below the 50-period MA early morning, hinting at a short-term bearish shift. The 50-period MA held firm at $0.00730, indicating a potential for a retest of this level. RSI peaked at 63.5 in the morning before plunging to oversold territory, signaling a probable pullback. MACD crossed into negative territory, reinforcing the bearish momentum.

Volatility and Bollinger Bands


Volatility expanded after a period of consolidation, with price moving closer to the upper Bollinger Band in the morning before reversing sharply downward. The bands showed a mild contraction late in the session, suggesting a potential consolidation phase or breakout. Price action remained within the bands for most of the period, indicating relatively controlled movement.

Volume and Turnover Insights


Volume surged during key price movements, particularly at $0.00734 and $0.00725, where it confirmed resistance and support levels. Notional turnover increased during the bearish move below $0.00734, with no clear divergence observed between price and volume. The largest single 5-minute volume spike occurred at 08:30 ET, coinciding with a sharp rally to $0.00734.

Fibonacci Retracements

Applying Fibonacci to the morning’s key swing from $0.00716 to $0.00734, the price found temporary support at the 38.2% level ($0.00725) and showed potential for a test of the 61.8% level ($0.00727) in the next 24 hours. A break below $0.00725 could target the $0.00721–0.00722 range for further support.

The market appears to be at a critical inflection point, with price hovering near key support and resistance levels. A decisive move above $0.00734 may reignite bullish sentiment, while a breakdown below $0.00725 could trigger further downside. Investors should remain cautious, as volatility and volume suggest a potential for sharp price swings ahead.