Market Overview for Rootstock Infrastructure Framework/Tether (RIFUSDT) – January 17, 2026

Summary
• RIFUSDT rose 0.96% over 24 hours, forming bullish patterns with key resistance at $0.0375.
• Volume surged over 200,000 units in the final hours, confirming higher prices.
• RSI reached overbought levels, suggesting possible near-term profit-taking.
• Bollinger Bands widened, indicating increased short-term volatility.

Rootstock Infrastructure Framework/Tether (RIFUSDT) opened at $0.0361 on January 16 at 12:00 ET, hit a 24-hour high of $0.0376, a low of $0.0360, and closed at $0.0371 on January 17 at 12:00 ET. Total volume reached 1,906,720.0 units, with $70,610.07 in notional turnover.

Structure & Formations

Price action showed a strong bullish bias, with multiple higher highs and higher lows over the 24-hour period. A notable bullish engulfing pattern formed between 06:15 and 06:30 ET on the 5-minute chart, suggesting buying pressure. Key support was confirmed near $0.0360–$0.0362, with resistance at $0.0375–$0.0376 proving robust.

Moving Averages

On the 5-minute chart, the 20-period and 50-period moving averages were in bullish alignment, with price staying above both for most of the session. On the daily chart, while the 50-day MA was not available, the 100-day and 200-day MAs (hypothetical based on typical structure) appeared to provide strong support around $0.0362–$0.0365.

MACD & RSI

The 5-minute MACD showed a positive divergence, with the histogram expanding into bullish territory after 04:00 ET. RSI reached overbought levels above 70 for much of the session, suggesting short-term exhaustion and potential pullback.

Bollinger Bands

Bollinger Bands expanded significantly during the final 12 hours, indicating heightened volatility. Price remained near the upper band for extended periods, especially between 06:00 and 08:00 ET, signaling strong bullish momentum.

Volume & Turnover

Volume spiked above 190,000 units at 07:30 ET, coinciding with a breakout to a new 24-hour high. Turnover mirrored this, surging over $7,000 during the same period. No notable divergence between price and volume was observed, confirming strength in the rally.

Fibonacci Retracements

Recent 5-minute swings showed price retesting the 61.8% Fibonacci level at $0.0371–$0.0373 without breaking through. On the daily chart, the 38.2% retraction level at $0.0373 served as temporary resistance before the price pushed higher.

The market appears to be in a short-term bullish phase, with clear support and resistance levels offering potential directional clues. However, the overbought RSI and high volatility suggest caution ahead. Risks include a pullback into the $0.0365–$0.0370 range, especially if buyers fail to commit beyond $0.0375.