Market Overview for Siacoin/Ethereum (SCETH) – 2025-09-26

• SCETH traded in a tight range between $0.00000065 and $0.00000067, with minimal price movement and low volume.
• A bearish 15-minute candle appeared at 19:45 ET, breaking below a prior support level.
• RSI remained neutral near 50, while MACD signaled no clear momentum.
• Volatility was low, as price clustered tightly within Bollinger Bands.
• Late-night volume surged briefly, but failed to push SCETH above key resistance.

SCETH opened at $0.00000066 on 2025-09-25 12:00 ET and closed at $0.00000065 by 12:00 ET on 2025-09-26. The pair reached an intraday high of $0.00000067 and a low of $0.00000065. Total traded volume was 1,714,465.0 ETH, while notional turnover remained relatively low due to the narrow price range. The session was characterized by consolidation with limited directional bias.

Structure & Formations

Price remained in a narrow range throughout the 24-hour window, oscillating between $0.00000065 and $0.00000067 with no clear bullish or bearish bias. A minor bearish breakout appeared at 19:45 ET, where SCETH closed at $0.00000065 after opening at $0.00000066. This candle formed a small bearish harami pattern, signaling potential downward pressure, though volume was low. A potential support level appears at $0.00000065, where multiple candles closed during the overnight hours.

Moving Averages

On the 15-minute chart, the 20-period and 50-period moving averages remained tightly clustered around $0.00000066, reinforcing the lack of directional momentum. On the daily chart, the 50-period MA sat slightly above the 200-period MA, indicating a neutral to mildly bullish stance over the broader trend, but recent 15-minute data showed no clear deviation.

MACD & RSI

The RSI remained near 50 throughout the session, suggesting a balanced market with no overbought or oversold conditions. The MACD line hovered near the zero line, while the histogram showed small oscillations without any clear divergence from the price action, indicating a lack of strong momentum in either direction.

Bollinger Bands

Price action remained tightly within the Bollinger Bands for the entire 24-hour period, indicating low volatility. The bands were narrow, reflecting a period of consolidation rather than expansion. SCETH spent most of the session near the lower band, suggesting a potential test of support at $0.00000065 if volatility increases.

Volume & Turnover

Trading volume was generally low throughout the session, with only a few spikes in the 19:00–20:00 ET window. The largest volume spike occurred at 19:00 ET, where 311,990 ETH changed hands as SCETH moved from $0.00000067 to $0.00000066. Despite the volume increase, the price failed to break above key resistance. Turnover remained consistent with the low price movement, and no clear divergence was observed between volume and price.

Fibonacci Retracements

Applying Fibonacci retracement levels to the recent 15-minute swing between $0.00000065 and $0.00000067, price found support at the 61.8% level ($0.00000065), where it clustered multiple times. A potential resistance zone appears near the 38.2% level ($0.00000066). Over the daily chart, the 61.8% retracement level is aligned with the 50-period MA, which remains a key watchpoint for the next 24 hours.

Backtest Hypothesis

The backtesting strategy outlined here involves using the 20-period and 50-period moving averages on the 15-minute chart to identify potential buy and sell signals. A buy signal is generated when the 20-period MA crosses above the 50-period MA, while a sell signal is triggered when the 20-period MA crosses below the 50-period MA. Additionally, RSI is used to confirm overbought conditions (RSI > 70) or oversold conditions (RSI < 30) to avoid false signals in ranging markets. Given the low volatility and sideways movement seen in this 24-hour period, the strategy may have missed significant opportunities or generated whipsaw signals. However, if SCETH breaks above $0.00000067 or below $0.00000065, the strategy may gain relevance as trend strength increases.