Market Overview for Numeraire/Bitcoin (NMRBTC)

Generated by AI AgentAinvest Crypto Technical RadarReviewed byAInvest News Editorial Team
Friday, Jan 2, 2026 1:17 am ET1min read
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Aime RobotAime Summary

- NMRBTC formed a 5-minute bearish engulfing pattern at 0.0001104 on 17:15 ET, followed by a decline to 0.0001081.

- A 1,538.04 NMR volume spike at 20:30 ET failed to break 0.0001092 resistance, with RSI below 30 indicating oversold conditions.

- Price consolidated between 0.0001085–0.0001104, aligning with Fibonacci levels at 0.0001091 (38.2%) and 0.0001088 (61.8%).

- Traders monitor potential breakout above 0.0001092 or rejection below 0.0001085 to confirm next directional bias.

Summary
• Price formed a 5-minute bearish engulfing pattern at the 17:15 ET high of 0.0001104.
• Volume spiked to 1,538.04 NMR at 20:30 ET but failed to break above 0.0001092.
• RSI indicates oversold conditions below 30, suggesting possible short-term buying interest.
• Price remained within a 0.0001085–0.0001104 range, showing consolidation.

The Numeraire/Bitcoin (NMRBTC) pair opened at 0.0001098 on January 1, 2026, and traded within a range of 0.0001081–0.0001104 before closing at 0.0001082 at 12:00 ET on January 2. Total volume for the 24-hour window was 6,862.63 NMR, with notional turnover of 0.7347 BTC.

Structure & Formations


Price action showed a key 5-minute bearish engulfing pattern at 17:15 ET as the pair rose from 0.0001101 to 0.0001104. This was followed by a slow decline into the night session, where the price reached 0.0001081. A tight consolidation range has since formed, with 0.0001092 as a potential short-term resistance and 0.0001085 as support.

Moving Averages


On the 5-minute chart, the 20-period and 50-period moving averages have been closely aligned, indicating a lack of strong directional bias. Daily moving averages suggest a sideways trend, with price hovering below the 50-period line but above the 200-period, signaling moderate bearish pressure.

Momentum & Volatility


Relative Strength Index (RSI) levels dropped below 30 during the early morning hours, suggesting potential oversold conditions and the possibility of a short-term rebound. The MACD has remained near zero, indicating muted momentum. Volatility, as measured by Bollinger Bands, has been in a contraction phase, pointing to a potential breakout or continuation.

Volume and Turnover


The most significant volume spike occurred at 20:30 ET with 1,538.04 NMR traded, but this failed to push price above 0.0001092. Turnover was relatively low throughout the session, with no clear divergence between price and volume, suggesting lack of conviction in either direction.

Fibonacci Retracements


Applying Fibonacci to the 5-minute move from 0.0001098 to 0.0001104 and back to 0.0001081 shows key levels at 0.0001091 (38.2%) and 0.0001088 (61.8%). Price appears to have found short-term support at 0.0001085, which aligns with a daily retracement level.

Looking ahead, traders may watch for a breakout above 0.0001092 or a rejection below 0.0001085 to confirm the next directional bias. A failure to break out could signal further consolidation. As always, market participants should be prepared for unexpected volatility or news-driven shifts in the next 24 hours.