Summary
• Price remained flat near 8.1e-07–8.2e-07, with no clear directional bias from candlestick patterns.
• Volume and turnover were minimal until late in the 24-hour window, with two spikes at 00:30 and 12:15 ET.
• RSI and MACD showed no significant momentum, suggesting low conviction among traders.
At 12:00 ET on January 1, 2026, Wanchain/Bitcoin (WANBTC) opened at 8.1e-07, reached a high of 8.3e-07, and closed at 8.2e-07 after trading within a narrow range. The 24-hour volume totaled 13,383.0, with a notional turnover of approximately 0.01116964 BTC.
Structure & Formations
Price action for WANBTC remained tightly consolidated near 8.2e-07 for most of the 24-hour window, with no significant candlestick formations or trend continuation patterns. A small breakout occurred at 00:30 ET when price briefly traded at 8.2e-07 after a minor volume spike, but it failed to gather follow-through.
Moving Averages
Short-term 20/50-period moving averages on the 5-minute chart showed little directional movement, with price hovering near the 50SMA. Daily 50/200SMA positioning is neutral, with no clear bias toward a bullish or bearish crossover.
MACD & RSI
The MACD histogram remained near zero with no divergence, indicating weak momentum. RSI oscillated in the neutral zone between 50–55, suggesting indecision among traders. Neither indicator pointed to overbought or oversold levels.
Bollinger Bands
Price remained within the Bollinger Bands for the full 24-hour window, with no notable contractions or expansions in volatility. The narrow range between 8.1e-07 and 8.3e-07 suggests low trading interest and lack of news-driven movement.
Volume & Turnover
Volume was nearly nonexistent for most of the period, with only two meaningful spikes: one at 00:30 ET (4,793.0) and another at 12:15 ET (6,406.0). Turnover increased slightly during these periods, but price failed to break out of its range, indicating potential indecision or testing of key levels.
Fibonacci Retracements
Recent 5-minute swings show 61.8% retracement levels near 8.2e-07, which appears to have served as a minor support zone. Daily-level Fibonacci levels are not currently relevant given the absence of a clear trend.
Looking ahead, WANBTC could test key support at 8.1e-07 or resistance at 8.3e-07 in the next 24 hours. However, the low volume and limited price movement suggest a continuation of consolidation is more likely than a directional breakout. Investors should monitor for signs of increased volume or a break beyond these levels for further clarity.
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