Market Overview for Radiant Capital/Tether (RDNTUSDT) - November 8, 2025

Summary
• RDNTUSDT opened at 0.01485 and closed at 0.01516 after a 24-hour range of 0.01485–0.01577.
• Price tested key resistance at 0.0156–0.01565, but failed to hold, retreating toward 0.0151–0.0153.
• Volume declined from 7.29M at 00:15 ET to ~700K, indicating decreasing conviction in upward moves.

Opening Narrative

Radiant Capital/Tether (RDNTUSDT) opened at 0.01485 on November 7, 2025 at 12:00 ET and reached a high of 0.01577 before settling at 0.01516 at 12:00 ET the following day. Total volume amounted to approximately 47.2M, with a notional turnover of roughly $716,532, based on the 15-minute OHLCV dataset.

Structure & Formations

Price moved within a defined range from 0.01485 to 0.01577, with the 0.0156–0.01565 area acting as a key resistance cluster. A bearish engulfing pattern formed around 20:30 ET as price rejected the 0.0156 level and fell below 0.0155. The 0.0151–0.0153 zone appears to be a strong support, with price bouncing several times within this range. A doji around 03:45 ET at 0.01509 suggests indecision and could signal a potential reversal.

Moving Averages

Using 20/50-period moving averages on the 15-minute chart, the 20-period MA shows short-term bullish momentum, but the 50-period MA remains bearish, crossing below price action. On a daily chart, the 50/100/200-period MAs are all bearish, with price currently below all three, suggesting a longer-term downward trend.

MACD & RSI

MACD showed bearish divergence after a failed break above 0.01565, with the histogram turning negative after a brief positive spike. RSI hovered between 40–55 for most of the session, indicating a lack of strong momentum either way. There was no clear overbought or oversold condition during the 24-hour period.

Bollinger Bands

Volatility expanded during the early morning hours as the upper band moved up to ~0.0156–0.0157. By 05:00 ET, volatility had contracted again, and price remained within the band, but near the lower boundary, reinforcing the 0.0151–0.0153 support level. The bands suggest that a breakout above 0.01565 or below 0.01485 could trigger a new trend.

Volume & Turnover

Volume spiked at 00:15 ET with a large 7.29M trade, confirming a bullish move toward 0.01531. However, volume then declined significantly after 01:00 ET, indicating weakening momentum. Turnover closely followed volume, with no divergence observed. The lack of follow-through volume above 0.0156 suggests weak conviction.

Fibonacci Retracements

Fibonacci levels applied to the 0.01485–0.01577 move show 0.01553 as the 61.8% retrace level, which was tested and rejected. Price now appears to be consolidating near the 50% retracement level at 0.01531. If a breakout occurs, the next key levels to watch are 0.01515 (38.2%) and 0.0150 (23.6%).

Backtest Hypothesis

With the current analysis highlighting the importance of momentum and trend-following signals, a backtest using RSI-14 and moving averages could offer valuable insights. As noted, the dataset lacks RSI-14 values from earlier in 2022, but Radiant Capital was first listed in early 2023. Therefore, a backtest beginning in April 2023 would provide a valid and usable dataset. This strategy would examine the effectiveness of RSI-based entry signals combined with moving average crossovers to capture directional moves. If you prefer, a custom dataset covering 2022 could also be used to extend the backtest timeframe further.