SLPETH Market Overview for 2025-11-13

Summary
• SLPETH traded in a tight range near $0.00000032 with minimal volatility.
• A brief pullback to $0.00000031 was rejected, suggesting potential support.
• Volume remained nearly flat throughout the day with two notable spikes.

Smooth Love Potion/Ethereum (SLPETH) opened at $0.00000033 on 2025-11-12 at 12:00 ET and closed at $0.00000032 on 2025-11-13 at 12:00 ET, with an intraday high of $0.00000033 and a low of $0.00000031. The total volume over the past 24 hours was approximately 13,451,169.0 units, while the total turnover remained minimal due to the asset’s extremely low price level.

The price action remained largely range-bound, hovering between $0.00000031 and $0.00000033. A bearish rejection at the lower end of this range occurred at $0.00000031, as seen in a small bearish close on a candle that had opened at $0.00000032. This could indicate a short-term support level forming at the lower end of the range.

A brief breakout occurred in the early morning with a spike in volume (154,216.0 units) and a minor price drop to $0.00000031, followed by consolidation. The lack of follow-through in price or volume suggests limited conviction on either side, indicating a period of indecision or consolidation.

Structure & Formations

The price moved in a narrow range, with no clear breakout or breakdown forming. A small bearish close on a candle that opened at $0.00000032 and closed at $0.00000031 indicates a potential rejection of the lower range. A similar bearish rejection occurred in the early morning, suggesting a possible support zone forming around $0.00000031–$0.00000032. No significant bullish or bearish candlestick patterns such as engulfing or doji were observed.

Moving Averages

On the 15-minute chart, the 20- and 50-period moving averages were closely aligned near $0.00000032, reflecting the tight consolidation. No clear trend was present, and the price remained within a few ticks of the moving averages. On the daily chart, the 50/100/200-period moving averages would all likely be clustered near the current price, given the flat price action.

MACD & RSI

The MACD histogram remained centered near zero with no clear trend, suggesting no momentum on either side. The RSI hovered between 45 and 55, indicating neutral territory with no overbought or oversold conditions. This suggests the market is balanced, with no strong directional bias.

Bollinger Bands

Bollinger Bands on the 15-minute chart showed a narrow range, reflecting low volatility. The price remained near the middle band, with no significant deviations. No contraction or expansion in volatility was observed, indicating a continuation of the range-bound behavior.

Volume & Turnover

Volume was largely flat with no significant spikes except for two instances: a spike of 154,216.0 units at 17:30 ET and a smaller one of 161,129.0 units at 19:45 ET. These spikes coincided with brief price dips but lacked follow-through, indicating limited buying or selling pressure. Turnover remained minimal due to the asset’s low price level.

Fibonacci Retracements

On the 15-minute chart, the price moved between two key Fibonacci retracement levels—$0.00000031 and $0.00000033—suggesting a potential 50% retracement area near $0.00000032. No major daily swings occurred, so daily retracements could not be meaningfully assessed.

Backtest Hypothesis

The recent backtesting strategy attempted to apply an event-based approach using SLPETH price data, but the data engine returned an error indicating the "price" series was not recognized. This is likely due to the ticker symbol not being recognized in the system’s price database. To proceed, the ticker symbol should be verified (e.g., BINANCE:SLPETH or KUCOIN:SLPETH), or alternatively, the more liquid SLP-USDT pair (e.g., BINANCE:SLPUSDT) can be used for analysis. If you have a preferred exchange or symbol, please specify so the backtest can be rerun.