Summary
• Price remained range-bound near 1.2e-07 throughout the 24-hour period with minimal movement.
• A temporary dip to 1.1e-07 occurred mid-evening (ET), but was quickly reversed with limited volume.
• Turnover and volume were muted for most of the session, indicating low conviction in price direction.
Astar/Bitcoin (ASTRBTC) opened at 1.2e-07 on 2026-01-08 at 12:00 ET and closed at the same level on 2026-01-09 at 12:00 ET. The high and low remained unchanged at 1.2e-07. Total 24-hour trading volume was approximately 1,303,615.1, with a notional turnover of 0.15622516 BTC.
Structure & Formations
Price showed no significant directional bias over the last 24 hours, hovering tightly around the 1.2e-07 level. A brief bearish break below this level occurred at 22:30 ET but failed to hold. This suggests strong support at 1.1e-07, where price bounced back into the prior range. No strong candlestick patterns emerged, though a minor bearish rejection was observed near 1.2e-07.
Moving Averages
Short-term 20/50-period moving averages on the 5-minute chart are closely aligned with price, indicating a lack of momentum either up or down. On the daily chart, the 50-period MA appears to be a potential support level ahead, while the 200-period MA remains distant and less relevant to near-term direction.
MACD & RSI
The MACD histogram remained centered and narrow, indicating no clear momentum bias. RSI stayed around neutral territory throughout the period, avoiding overbought or oversold levels. This suggests a lack of conviction among traders.
Bollinger Bands
Price remained near the middle band of the Bollinger Bands for the majority of the session, with a brief dip toward the lower band during the 22:30 ET candlestick. Volatility remained low and the bands were narrow, indicating consolidation rather than expansion.
Volume & Turnover
Trading activity was concentrated during the 17:00–18:00 ET and 22:30 ET timeframes. The 22:30 ET candlestick showed the highest volume and turnover, yet it resulted in a bearish close with minimal follow-through. Price and volume appeared to diverge, with volume failing to confirm a meaningful move.
Fibonacci Retracements
The 38.2% retracement level from the recent swing high was briefly tested but held as a potential support. No significant Fibonacci levels on the daily chart were triggered during the period.
A modest breakout attempt from the 1.2e-07 level could be watched in the next 24 hours for signs of follow-through. A sustained move below 1.1e-07 could signal renewed bearish momentum, but risks of a false break remain high given the low volume observed.
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