Market Overview for Ankr/Tether USDt (ANKRUSDT) on 2025-09-10

• Price climbed from $0.01509 to $0.01567 in 24 hours, with a 3.8% increase and strong volume in the final hours.
• Momentum picked up mid-day, with RSI near overbought levels and positive divergence in price and volume.
• Volatility increased in the afternoon, with a peak-to-trough range of 1.7% and price above the 20/50-period moving averages.
• A bullish engulfing pattern emerged after 09:00 ET, supporting a short-term upside bias.

Ankr/Tether USDt (ANKRUSDT) opened at $0.01509 on 2025-09-09 at 12:00 ET and closed at $0.01567 at 12:00 ET the following day. The pair reached a high of $0.01567 and a low of $0.01505. The 24-hour total volume was 14.2 million units, with turnover of approximately $2.22 million, indicating increased liquidity and bullish participation.

The 15-minute chart reveals a gradual climb in price, with the most significant upward movement occurring between 13:00 and 15:30 ET, where ANKRUSDT closed above $0.01565 on strong volume. The 20-period moving average crossed above the 50-period line, signaling a potential short-term bullish bias. Price held above both indicators, suggesting buyers retained control.

The RSI trended toward overbought territory by the end of the session, reaching 63, while volume increased proportionally with price, indicating confirmation rather than divergence. Bollinger Bands widened in the afternoon, signaling higher volatility, with price staying within the upper band, indicating strength. A bullish engulfing pattern formed after 09:00 ET, suggesting a possible continuation of the upward move.

Fibonacci levels from the morning low to the midday high indicate key resistance at $0.01567 (100%) and possible pullback support at $0.01553 (61.8%). The 15-minute MACD showed a positive crossover earlier in the session, with a sustained bullish trendline. Volume remained consistent with price direction, and no major divergences were observed.

Backtest Hypothesis
The proposed backtesting strategy for ANKRUSDT is based on a combination of moving average crossovers and RSI signals. A long entry is triggered when the 20-period moving average crosses above the 50-period line (golden cross) and the RSI is above 50, indicating bullish momentum. A stop-loss is placed below the recent swing low (e.g., $0.01549), and a take-profit is set at the next Fibonacci level, such as $0.01567 or $0.01575. This strategy aligns with today’s price behavior, which saw both a golden cross and RSI above 50 for much of the session, offering a high-probability short-term trade setup.