• Price surged from 0.0931 to 0.0961 before consolidating to close near 0.0955.
• A bullish engulfing pattern formed around 0.0945–0.0955, suggesting short-term strength.
• Volume spiked to 865k at 20:45 ET, coinciding with a high of 0.09607.
• RSI reached 58–60, indicating moderate momentum without overbought conditions.
•
Bands widened after 20:00 ET, signaling increased volatility.
Ardor (ARDRUSDT) opened at 0.0931 on 2025-08-15 12:00 ET and closed at 0.0955 on 2025-08-16 12:00 ET, with a high of 0.09614 and a low of 0.0922. Total traded volume was 2,545,140 and turnover reached 231.8 USDT. The 24-hour period saw a strong price reversal and significant volume spikes.
Structure & Formations
Ardor exhibited a strong bullish trend from 16:00 to 21:00 ET, where price surged from 0.0931 to 0.0961. A
bullish engulfing pattern formed between 0.0945 and 0.0955, reinforcing the idea of a short-term breakout. Resistance levels formed near 0.09607 (high) and 0.09552, while support appeared around 0.0945–0.0943. A
doji at 0.09536 near 00:15 ET suggested indecision and may signal a potential pullback.
Moving Averages
On the 15-minute chart, the 20-period and 50-period SMAs indicated a bullish bias, with the 50-SMA trailing near 0.0948 and the 20-SMA above that. Price closed near both, suggesting short-term alignment. Longer-term, the 50/100/200 SMAs would likely show a neutral to slightly bullish trend if plotted on daily data, given the recent strength.
MACD & RSI
The MACD crossed above the signal line in the late hours of the previous day, confirming bullish momentum. RSI oscillated between 48 and 60 during the session, reaching as high as
60 during the surge, which is not yet overbought. This suggests continued upward potential, but a reversal may occur if RSI falls below 50.
Bollinger Bands
Bollinger Bands expanded between 20:00 and 00:30 ET, reflecting heightened volatility. Price moved near the upper band during the breakout phase, showing strong momentum. Subsequent consolidation has pulled it closer to the mid-band, suggesting potential for a pullback or sideways movement unless new buying pressure emerges.
Volume & Turnover
Volume spiked sharply at 20:45 ET with
865k contracts traded, coinciding with a high of
0.09607. Total turnover for the day was
231.8 USDT, with most of the activity concentrated during the late hours of 2025-08-15. A volume divergence was noted at 00:30–02:00 ET, where price dipped slightly while volume remained steady, signaling potential support at 0.0945–0.0948.
Fibonacci Retracements
Key retracements from the 0.0922–0.09614 swing showed critical levels at 38.2% (~0.0942), 50% (~0.0946), and 61.8% (~0.0951). Price held near 0.0951 and 0.0955, suggesting these areas acted as strong support. A test of the 61.8% level may occur if bulls remain active.
Ardor appears well-positioned for a potential continuation of its bullish bias, but risks exist in the event of a breakdown below 0.0945. Investors should monitor RSI and volume divergences for early signs of reversal.
Comments
No comments yet