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

• Ankr/Tether (ANKRUSDT) edged higher over the last 24 hours, closing near its daily high with strong volume and momentum.
• The pair formed bullish patterns such as hammer and bullish engulfing, signaling possible short-term strength.
• Volatility expanded during the late ET session as the price surged past key resistance levels.
• MACD and RSI showed increasing bullish momentum, though RSI remains below overbought levels.
• Notional turnover increased 2.3x during the 18:00–22:00 ET window, confirming late-session strength.

The 24-hour chart for Ankr/Tether (ANKRUSDT) showed a modest but consistent upward trend, opening at $0.01504 and closing at $0.01563 after touching a high of $0.01575 and a low of $0.01501. Total volume traded stood at 19,803,108.5, with a notional turnover of approximately $311,186.83. The pair exhibited multiple bullish signals, including a bullish engulfing pattern during the 19:30–19:45 ET session and a hammer formation near the low on 17 September.

Structure & Formations

The price formed multiple key patterns, notably a bullish engulfing on the 19:30–19:45 candle, suggesting a potential reversal after a consolidation phase. A key support level emerged near $0.01504, while resistance levels were tested around $0.01514 and $0.01555. The price closed above $0.01565, indicating that the immediate overhead resistance may now be at $0.01575. A doji formed near the close, indicating indecision but within a broader bullish trend.

Moving Averages

On the 15-minute chart, the price remained above both the 20-period and 50-period SMAs, confirming a bullish bias in the short term. For the daily chart, the price held above the 50-period SMA but dipped below the 200-period SMA, suggesting medium-term bullish potential with bearish caution on a longer time frame. A golden cross between the 20 and 50-period SMAs appears likely in the next session.

MACD & RSI

The 15-minute MACD showed a positive histogram and a bullish crossover, aligning with the upward price action. RSI remained in the 55–60 range, indicating moderate bullish momentum but not yet overbought. A divergence between the RSI and price did not appear, suggesting that the current rally remains supported by buyer confidence.

Bollinger Bands

Volatility expanded sharply in the 22:00–23:45 ET window, with the upper band reaching as high as $0.0157. Price action remained within the bands for most of the session but tested the upper boundary twice, indicating a breakout attempt. The narrowing of bands earlier in the session suggested a consolidation phase before the upward move.

Volume & Turnover

Trading volume surged during the late ET hours, peaking at $0.01565 on the 03:15–03:30 candle with a volume of 426,751. Notional turnover also spiked during this period, reaching $6,703.59. The strong volume and turnover correlation during the up move confirmed the strength of the bullish trend. A divergence between price and turnover did not occur, supporting the reliability of the bullish signal.

Fibonacci Retracements

Applying Fibonacci retracement to the recent 15-minute move from $0.01504 to $0.0157, the price found support at the 38.2% level ($0.01536) and resistance at the 61.8% level ($0.01557). The 50% retracement level ($0.01538) was briefly tested during consolidation but quickly moved higher. On the daily chart, the 38.2% level ($0.01535) appears to be a short-term resistance, while the 61.8% level ($0.01548) could offer medium-term resistance.

The price is likely to continue its upward trend in the next 24 hours, with a potential target at $0.01575 if the breakout holds. However, traders should remain cautious of a possible consolidation or short-term pullback to test $0.01557 if short-term selling pressure emerges.

Backtest Hypothesis

A potential backtesting strategy could involve using a combination of the 20-period and 50-period SMAs to enter long positions when the price crosses above both indicators, confirmed by a bullish MACD crossover and volume expansion. Stop-loss placement could occur below a recent support level ($0.01504), while take-profit targets align with Fibonacci resistance levels ($0.01557 and $0.01575). This approach aims to capture short-term bullish momentum while managing risk on a pullback.