Market Overview for Radiant Capital/Tether (RDNTUSDT) – 2025-09-18

• Radiant Capital/Tether (RDNTUSDT) ended the 24-hour period with a 0.62% increase from 0.02095 to 0.02210
• Price tested resistance at 0.0222–0.0224 and bounced off support at 0.02195–0.0220
• RSI and MACD signal moderate bullish momentum, but without strong overbought/oversold signals
• Volatility expanded during the session, with a high of 0.02244 and a low of 0.02194
• Notional turnover reached $24.4 million, with volume peaking at 14:15 and 15:30 ET

Radiant Capital/Tether (RDNTUSDT) opened at 0.02095 on 2025-09-17 at 12:00 ET and closed at 0.02210 at 12:00 ET on 2025-09-18. The pair reached a high of 0.02244 and a low of 0.02194 over the 24-hour period. Total trading volume amounted to 28,833,105, and notional turnover reached approximately $24.4 million.

Structure & Formations

The price of RDNTUSDT formed multiple key levels of support and resistance over the 24-hour period. A strong support appears to have formed at 0.02195–0.0220, where the price found a floor twice, notably during the early morning and again in late afternoon. On the upside, resistance emerged at 0.0222–0.0224, with several candles testing the upper boundary and experiencing bearish closes. A bullish engulfing pattern occurred at 0.02209–0.02219 at 10:00–10:15 ET, suggesting a short-term bullish reversal. A doji formed at 0.02221–0.02219 at 04:00 ET, indicating indecision and a possible consolidation phase.

Moving Averages

On the 15-minute chart, the 20-period and 50-period moving averages show a bullish crossover as the 20-period line runs above the 50-period line, supporting the recent upward bias. This suggests continued buying pressure in the short term. On the daily chart, the 50-period and 100-period moving averages remain in a bullish alignment, with price above both indicators, reinforcing a medium-term bullish trend.

MACD & RSI

The MACD for RDNTUSDT turned positive during the session, with the line crossing above the signal line in the morning and staying bullish until midday. This supports the idea of a strengthening short-term momentum. The RSI rose to a high of 58, avoiding overbought territory but indicating moderate strength. No oversold readings were observed, suggesting the market remains in a healthy, balanced momentum phase with room for further upward movement.

Bollinger Bands

Volatility increased during the session, with the upper band reaching 0.02244 and the lower band falling to 0.02195. The price traded near the upper band during the afternoon, indicating a period of elevated buying interest and potential overextension. The bands were relatively wide, suggesting that the market may be entering a phase of higher uncertainty or potential reversal, particularly as the price approached the upper band multiple times without a breakout.

Volume & Turnover

Volume spiked during key price transitions, especially between 14:15–15:30 ET, when the price tested and bounced off resistance at 0.0222–0.0224. The total volume was well-distributed, with no significant divergence observed between volume and price. Notional turnover was also consistent with price direction, suggesting that the buying and selling activity was aligned and not driven by wash trading or manipulative behavior.

Fibonacci Retracements

Applying Fibonacci retracements to the key swing high (0.02244) and swing low (0.02194), the 38.2% level (0.02219) was tested and held, while the 61.8% level (0.02227) marked a strong resistance. The price bounced off both levels multiple times, suggesting they may become key psychological barriers in the near term.

Backtest Hypothesis

To evaluate the potential of the observed patterns, a backtesting strategy could be developed around the key Fibonacci levels and 15-minute candlestick formations. For instance, a long entry could be triggered on a bullish engulfing pattern above the 38.2% Fibonacci level, with a stop-loss placed slightly below the nearest support. Alternatively, a short position might be considered when the price fails to break above 0.0222–0.0224, with a stop above the 61.8% level. The MACD and RSI could be used to filter entries and confirm momentum. This setup may offer a risk-reward profile of 1:2, depending on the volatility and liquidity conditions.