Radiant Capital (RDNTUSDT) Market Overview

Radiant Capital (RDNTUSDT) Market Overview

Over the 24-hour period ending at 12:00 ET on July 16, 2025, Radiant Capital (RDNTUSDT) rose from an open of 0.02285 to a peak of 0.02923, closing at 0.02438. Total traded volume reached ~214.3 million RDNT, while total turnover (USD) stood at ~499.5 billion.

Summary

• Price surged 22% in 90 minutes to $0.02923, forming key resistance at this level.
• Massive volume spike (21.6M RDNT) at 12:15 ET confirmed momentum, but RSI entered overbought territory (78).
• Bollinger Bands expanded sharply; price closed near the upper band, signaling volatility exhaustion.
• Fibonacci 61.8% retracement ($0.0258) offers critical support below current levels.

Structure & Formations

The abrupt $0.02923 peak on July 16 at 13:45 ET created a bearish long upper wick candle, indicating strong resistance. Prior support near $0.0240 (July 15 low) and $0.0232 (multi-day swing low) remain critical. No major candlestick reversal patterns emerged, though the rapid retrace from highs suggests traders may test lower levels.

Moving Averages

• 15-minute MA20/50: Price remains above both (0.0240/0.0237), signaling short-term bullish bias.
• Daily MA50/100/200: All below current price ($0.02438 vs. $0.0225/$0.0218/$0.0203), reinforcing a longer-term uptrend.

MACD & RSI

• MACD: Line crossed above signal in late trading, confirming momentum.
• RSI (14): Reached 78 (overbought), hinting at a pullback. A drop below 65 could signal exhaustion.

Bollinger Bands

The bands expanded to $0.0258 (upper) and $0.0227 (lower), with price closing near the upper boundary. A move below the midline ($0.0243) would signal weakening momentum.

Volume & Turnover

The $0.02923 spike coincided with a 480% volume surge vs. the prior 15-minute candle, validating buying pressure. However, post-spike volume fell sharply, suggesting a lack of follow-through. A volume divergence on declines could foreshadow a deeper correction.

Fibonacci Retracements

A 61.8% retracement of the $0.02403–$0.02923 swing places support at $0.0258, while 38.2% retracement ($0.0272) acts as a near-term barrier.

Forward Outlook

The market may consolidate or retrace toward $0.0258–$0.0240 in the next 24 hours. Traders should monitor volume confirmation on dips and RSI normalization below 70. Risk caveat: A break below $0.0232 could accelerate losses toward $0.0200.