Summary
• Price remains in a tight range between 0.0366–0.0378, with key resistance near 0.0375 and support near 0.0372.
• Momentum weakened after a late-night rally, with RSI hovering near 50.
• Volume spiked during 21:00–00:00 ET, but price failed to break above 0.0378.
Market Overview
At 12:00 ET on 2026-01-09,
Rootstock Infrastructure Framework/Tether (RIFUSDT) opened at 0.0374, reached a high of 0.0378, and a low of 0.0366, closing at 0.0373. Total 24-hour volume was 15,794,088.0 and turnover was 590,978.86 USD. Price remained in a narrow consolidation pattern with no clear directional bias.
Structure & Moving Averages
Price has been range-bound within a 5-minute channel between 0.0366 and 0.0378, with 0.0375 acting as a key psychological level.
. Short-term 20 and 50-period moving averages are converging near 0.0373, suggesting potential for a breakout or consolidation continuation.
Momentum Indicators
MACD is near the zero line with a flat histogram, reflecting mixed momentum. RSI oscillates between 45–55, indicating indecision and no overbought or oversold conditions. This suggests traders are waiting for a catalyst.
Volatility and Volume
Bollinger Bands show a moderate contraction during early morning hours, followed by expansion as volume increased. Notional turnover surged during the 21:00–00:00 ET window, but price failed to follow through on a breakout above 0.0378. This divergence raises caution about follow-through strength.
Fibonacci Retracements
The 61.8% retracement level from the recent high (0.0378) to low (0.0366) sits at 0.0372, which aligns with the 24-hour close. A break above 0.0375 could target 0.0378–0.0380, while a retest of 0.0366–0.0368 may follow a breakdown.
Over the next 24 hours,
may test 0.0375 on the upside or 0.0371–0.0368 on the downside. Traders should watch for a decisive close beyond these levels to confirm the next move. Volatility remains low, suggesting limited short-term directional momentum.
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