AInvest Newsletter
Daily stocks & crypto headlines, free to your inbox
Summary
• Price drifted lower on flat volume, forming multiple doji and consolidation patterns.
• Key support tested near $4.375e-05 with no immediate breakdown.
• Momentum waned as RSI dipped toward oversold levels, suggesting potential reversal.
The price of ssv.network/Bitcoin (SSVBTC) opened at $4.403e-05 on 2025-12-29 at 12:00 ET, reaching a high of $4.503e-05 and a low of $4.369e-05 before closing at $4.503e-05 at 12:00 ET on 2025-12-30. Total 24-hour volume was 3,088.89 and notional turnover amounted to $0.1394.
Structure & Formations
Price action over the last 24 hours displayed a bearish bias with multiple consolidation patterns, including long-legged dojis and small-bodied candles between $4.404e-05 and $4.389e-05. A key support level appears to be forming near $4.375e-05. A potential bullish engulfing pattern emerged in the final 5-minute candle as price surged from $4.414e-05 to $4.503e-05, suggesting buyers may be entering.
Moving Averages
On the 5-minute chart, the 20 and 50-period moving averages showed a downward trend, confirming the short-term bearish bias. The daily chart’s 50-period MA acted as a weak resistance near $4.405e-05.
MACD & RSI

Bollinger Bands
Volatility expanded significantly in the afternoon with the price hitting the lower Bollinger band, followed by a sharp rebound to the upper band in the early morning. This suggests increased price sensitivity to news or liquidity triggers.
Volume & Turnover
Volume remained muted throughout most of the 24-hour period but spiked in the final two hours with a large 43.33-unit trade pushing price to the high of $4.503e-05. Notional turnover followed a similar pattern, with the largest single 5-minute turnover of $0.0199 at $4.382e-05. The absence of strong volume during the decline suggests weak bearish conviction.
Fibonacci Retracements
A 61.8% Fibonacci retracement level from the recent 5-minute low to high aligns closely with $4.462e-05, a potential area for further consolidation or reversal. On the daily chart, the 38.2% level appears to have been rejected, reinforcing bearish control over short-term sentiment.
The price could test the 61.8% retracement level in the coming 24 hours, depending on volume and macroeconomic signals. Investors should remain cautious about the risk of another pullback if the bullish momentum fails to sustain.
Decoding market patterns and unlocking profitable trading strategies in the crypto space

Dec.30 2025

Dec.30 2025

Dec.30 2025

Dec.30 2025

Dec.30 2025
Daily stocks & crypto headlines, free to your inbox
Comments
No comments yet