Market Overview for Rootstock Infrastructure Framework/Tether (RIFUSDT)

Summary
• Price action shows a sharp bearish reversal in early ET hours, with 0.036 and 0.0371 acting as key levels.
• Volume spiked during the selloff, confirming bearish momentum, with low divergence between price and turnover.
• RSI and MACD indicate overbought conditions earlier, followed by bearish crossover and divergence in the final hours.
• Volatility expanded significantly during the 24-hour window, with Bollinger Bands widening after a period of consolidation.
• Fibonacci retracements highlight 0.0371 as a strong resistance level and 0.036 as a probable support on the 5-minute chart.

Rootstock Infrastructure Framework/Tether (RIFUSDT) opened at 0.0372 on 2026-01-18 at 12:00 ET, reached a high of 0.0374, a low of 0.0336, and closed at 0.0359 by 12:00 ET. Total volume for the 24-hour window was 11,415,494.0, with a notional turnover of 404,796.35.

Structure & Formations

The 5-minute candlestick pattern showed a sharp bearish reversal during the early hours of the trading day, particularly between 00:00 and 00:15 ET, where a massive candle gapped down to 0.0336. This marked a strong bearish impulse, with a key support forming around 0.036. The price has since consolidated between 0.0353 and 0.0359, with resistance at 0.0371 likely to remain significant in the near term.

Technical Indicators

RSI entered overbought territory during the early part of the session but has since fallen into a bearish range, suggesting exhaustion in the rally. MACD crossed below the signal line after the major selloff, indicating bearish momentum. Bollinger Bands have expanded significantly after a period of tight consolidation, signaling increased volatility and uncertainty.

Volume & Turnover

Volume spiked during the major selloff between 00:00 and 01:45 ET, with the most liquid candle at 00:15 ET showing a volume of 5,089,098 and a turnover of 177,073.82. There was no significant divergence between volume and price during the bearish move, suggesting conviction in the selloff. Turnover has since slowed, indicating a potential consolidation phase.

Fibonacci Retracements

Applying Fibonacci to the recent 5-minute swing between 0.0374 and 0.0336, key levels at 0.0353 (38.2%) and 0.0359 (50%) have shown some resistance. On the daily chart, the 0.036 level appears to be a 61.8% retracement of a prior bullish move, offering a potential short-term support.

Looking ahead, RIFUSDT appears to be in a bearish phase with key support at 0.036 and resistance at 0.0371. A break below 0.035 may trigger further downside, but with RSI already indicating oversold conditions, a short-term rebound is possible. Investors should remain cautious of increased volatility and potential for sharp price swings.