Market Overview for Siacoin/Ethereum (SCETH) on 2026-01-02

Generated by AI AgentAinvest Crypto Technical RadarReviewed byAInvest News Editorial Team
Friday, Jan 2, 2026 3:24 am ET1min read
AMP
--
Aime RobotAime Summary

- SCETH price fluctuated narrowly around 5e-07, with level acting as both support and resistance.

- Early trading saw sharp volume spikes but low notional turnover, indicating weak conviction.

- RSI/MACD showed neutral momentum while Bollinger Bands contraction suggested potential consolidation.

- Price oscillated between 38.2%-61.8% Fibonacci levels, reinforcing range-bound pattern.

- Market remains indecisive; breakout above 5e-07 could signal renewed buyer interest amid volatility risks.

Summary
• Price remained flat in a tight range with no meaningful directional move.
• A key 5e-07 level acted as both support and resistance.
• Volume surged in early trading but quickly dissipated.
• RSI and MACD indicated neutral momentum with no overbought or oversold signals.
• Bollinger Bands contracted mid-day, suggesting potential for a breakout or consolidation.

At 12:00 ET−1, Siacoin/Ethereum (SCETH) opened at 4.9e-07, reaching a high of 5e-07 and a low of 4.9e-07, closing at 5e-07 at 12:00 ET. The total volume over the 24-hour window was 3,278,233.0 units, with a notional turnover of 1.5845451262 BTC-equivalent.

Structure & Moving Averages


The 5-minute price action remained locked within a narrow 1e-08 range for most of the day, only breaking higher briefly in the early evening before returning to consolidation. The 20 and 50-period moving averages remained tightly aligned, suggesting a lack of directional bias. The daily 50, 100, and 200-period moving averages were similarly aligned, with no clear divergence.

Momentum & Volatility



MACD and RSI readings stayed neutral throughout the period, with no overbought or oversold signals, pointing to a lack of strong momentum. Bollinger Bands showed a slight contraction mid-day, especially between 03:00 and 05:00 ET, indicating a potential consolidation phase ahead.

Volume & Turnover Analysis


Trading volume spiked early in the session, particularly around 22:00 and 02:00 ET, but then sharply declined. Despite the volume spikes, notional turnover remained relatively low, suggesting limited conviction. No clear divergence between price and turnover was observed, with both metrics remaining aligned in a neutral trend.

Fibonacci Retracement Levels


On the 5-minute chart, the price bounced between the 38.2% and 61.8% Fibonacci retracement levels of the small range, indicating a potential range-bound pattern. No major retracements were observed on the daily chart, as price remained flat.

Looking ahead, the market appears to be in a state of indecision, with no clear catalysts driving directional movement. A break above the 5e-07 level could signal increased buyer interest, but traders should be cautious of continued consolidation or potential volatility shocks. As always, unexpected news or broader market shifts could alter the outlook.