AInvest Newsletter
Daily stocks & crypto headlines, free to your inbox


Summary
• Priced in a tight range near 9.8e-07, with limited volatility and no clear directional bias.
• Volume surged at 203000 and 033000 ET, suggesting possible accumulation or order flow.
• A bearish rejection at 9.8e-07 during the 003000–014500 ET window may hint at near-term resistance.
• RSI remains neutral, with no overbought or oversold signals.
Scroll/Bitcoin (SCRBTC) opened at 1e-06 and traded between 1e-06 and 9.8e-07 over 24 hours, closing at 9.8e-07. Total volume amounted to 66,991.5 SCRBTC, with notional turnover of 65.33 BTC.
Structure & Formations
Price action remained highly compressed in the 9.8e-07 to 9.9e-07 range for most of the 24-hour period, forming a tight consolidation pattern.

Moving Averages and Bollinger Bands
On the 5-minute chart, the 20-period and 50-period moving averages closely aligned with the price, reinforcing the tight consolidation. Bollinger Bands showed a narrow contraction during most of the session, with price bouncing off the mid-band but failing to break either boundary. This suggests low volatility and a lack of strong directional momentum.
Volume and Momentum
The highest volume spikes occurred at 203000 and 033000 ET, with turnover reaching 3428.4 and 26388.6 SCRBTC, respectively. These spikes did not translate into significant price movement, indicating potential accumulation or order flow imbalances. RSI remained within neutral territory, avoiding overbought or oversold levels, and MACD showed minimal divergence, suggesting balanced momentum.
Turnover and Fibonacci Levels
Turnover increased significantly during the early morning hours, but prices remained range-bound. Fibonacci retracement levels from the 1e-06 to 9.8e-07 swing indicated potential support near 9.8e-07 and resistance near 9.9e-07, but price failed to break either.
Looking ahead, the market appears to be in a consolidation phase, and a breakout from the 9.8e-07 to 9.9e-07 range could determine the next trend. However, traders should remain cautious about false breakouts and be prepared for potential sideways action if volume remains subdued.
Decoding market patterns and unlocking profitable trading strategies in the crypto space

Dec.15 2025

Dec.15 2025

Dec.15 2025

Dec.15 2025

Dec.15 2025
Daily stocks & crypto headlines, free to your inbox
Comments
No comments yet