Market Overview for Ankr/Tether (ANKRUSDT): December 18, 2025

Summary
• Price action on ANKRUSDT shows a bearish bias with a low of $0.00627 and closing near the session low.
• Volatility expanded after midday ET, with volume increasing alongside price declines.
• A potential bearish engulfing pattern is visible near the 24-hour high.

The Ankr/Tether (ANKRUSDT) pair opened at $0.0065 on December 17 at 12:00 ET, reached a high of $0.00654, and a low of $0.00623, closing at $0.00632 as of 12:00 ET on December 18. Total volume for the 24-hour period was approximately 62.7 million ANKR, with a turnover of roughly $401,000.

Structure & Formations

Price formed a bearish bias throughout the session, with a key support level forming near $0.00627 and a resistance level near $0.00643.

A bearish engulfing pattern appears at the early morning high, suggesting a potential reversal from bullish to bearish momentum. The price then consolidated between $0.00627 and $0.0064, forming a range-bound pattern toward the end of the session. A doji formed near $0.00632, hinting at indecision among traders.

Moving Averages and Momentum

On the 5-minute chart, the 20-period and 50-period moving averages crossed bearishly, reinforcing the downward bias. The 50-period moving average is above the 100-period and 200-period moving averages on the daily chart, indicating medium-term bearish momentum. The RSI closed in the mid-30s, suggesting moderate bearish momentum without entering oversold territory. The MACD crossed below the signal line in the mid-session, aligning with the downward price move.

Volatility and Bollinger Bands

Volatility expanded after a contraction during early trading, with the price breaking below the lower Bollinger Band near $0.00627. This expansion suggests increased uncertainty and potential for further downside. Price spent most of the session within the Bollinger Band range, but the recent break below the lower band signals potential continuation of the downward move.

Volume and Turnover

Volume spiked during the price drop to the session low, confirming bearish momentum. Turnover also increased during the same period, showing stronger selling pressure. There was no divergence between price and turnover, indicating that the sell-off was supported by increased trading activity.

Fibonacci Retracements

Applying Fibonacci levels to the recent 5-minute swing from $0.00642 to $0.00623, price found support near the 61.8% retracement level at $0.00632. This level appears to have temporarily held the decline, but if broken, could point to further support at $0.00627.

Looking ahead, traders may watch for a potential test of the $0.00632 level and a possible rebound. However, a break below $0.00627 could extend the bearish move. Investors should remain cautious as volatility remains elevated, and price appears to be in a consolidation phase.