AInvest Newsletter
Daily stocks & crypto headlines, free to your inbox
Summary
• Price traded in a 2.06–2.11 range, consolidating near key support at 2.06.
• Momentum weakened on RSI divergence and low volume during breakouts.
• Volatility remained compressed within Bollinger Bands for most of the session.
• Volume spiked briefly at 18:45–19:00 ET before fading, showing limited follow-through.
Rocket Pool/USDC (RPLUSDC) opened at 2.08, reached a high of 2.11, and a low of 2.06, closing at 2.06 as of 12:00 ET. Total volume was 14,469.99, with a notional turnover of 29,752.68 USDC over the 24-hour window.
Structure & Formations
Price action formed a shallow bullish engulfing pattern around 19:00 ET, followed by a failed breakout and a bearish rejection at 2.10–2.11. A long lower shadow emerged near 2.06–2.07, indicating support. A 50-period moving average on the 5-minute chart sat at 2.08, slightly above the 20-period, suggesting short-term bearish pressure.
Momentum and Oscillators
The 12/26 MACD showed a narrowing histogram and a flattening signal line, pointing to waning momentum. RSI peaked at 60 during the mid-evening rally before retreating into neutral territory, with no overbought or oversold extremes.

Volatility and Bollinger Bands
Volatility remained low, with price action largely confined within Bollinger Bands for most of the session. A narrow band contraction was visible between 19:30–20:00 ET, but no strong breakout followed.
Volume and Turnover
Volume and turnover spiked at 18:45–19:00 ET as price reached 2.10, but waned quickly after. Turnover was generally weak during consolidation phases, with several 5-minute candles showing zero activity.
Fibonacci Retracements
Fibonacci retracements on the 2.06–2.11 swing placed 2.08 as the 38.2% level and 2.07 as the 61.8% level. Price rejected both levels and drifted lower, suggesting these areas may continue to act as resistance in the near term.
Price appears to be in a lateral consolidation phase, with support holding at 2.06 and resistance near 2.08–2.10. A break below 2.06 could trigger further downside, while a sustained rally above 2.08 may rekindle bullish momentum. Investors should watch for divergence in RSI and volume behavior for early signs of a trend shift.
Decoding market patterns and unlocking profitable trading strategies in the crypto space

Jan.11 2026

Jan.11 2026

Jan.11 2026

Jan.11 2026

Jan.11 2026
Daily stocks & crypto headlines, free to your inbox
Comments
No comments yet