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• Ardor (ARDRUSDT) traded in a tight range early before a sharp late-night rally pushed price 5.2% higher by 12:00 ET.
• A bullish breakout above key 0.0920 resistance level confirmed on the 15-minute chart around 02:00 ET.
• Volume surged in the last 6 hours of the 24-hour window, confirming the upward move.
• RSI reached overbought territory, suggesting potential for near-term profit-taking.
• Price remains within a 20-day consolidation pattern, now testing its upper boundary.
Ardor (ARDRUSDT) opened at $0.09135 on 2025-07-17 at 12:00 ET, reached a high of $0.09201, a low of $0.09047, and closed at $0.09190 at 12:00 ET on 2025-07-18. Total volume for the 24-hour period was 3,283,709 units, with a notional turnover of $295,530.
Ardor’s 15-minute chart displayed a tight range-bound structure early in the session, with price consolidating between $0.0905 and $0.0915. A bullish breakout candle at 02:00 ET confirmed a break above key resistance at $0.0920, followed by a series of higher highs and higher lows. Notable patterns include a morning star near $0.0915 and a bullish engulfing pattern at 06:45 ET, which signaled strong buyer interest. Price appears to be testing the upper boundary of a 20-day consolidation pattern, with $0.0927 as the next potential target.
The 20-period and 50-period moving averages on the 15-minute chart converged around $0.0917–$0.0918, with price rising above both to signal a potential trend reversal. On the daily chart, the 50-period MA remains above the 100 and 200-period MAs, suggesting a longer-term bullish bias, though a crossover could signal a near-term pullback.
The MACD histogram turned positive in the late night session and showed strong divergence with price, confirming the bullish momentum. RSI reached overbought territory near 70 by the end of the session, suggesting that traders may pause for profit-taking or consolidation. A pullback to the 50–60 RSI range could provide a more attractive entry point.
Price spent much of the early session within the Bollinger Bands, with volatility contracting as it approached the $0.0915–$0.0917 range. A sharp expansion occurred after the 02:00 ET breakout, with price reaching the upper band and holding above it for several hours. Volatility remains elevated, indicating increased trader activity and potential for further upward movement.
Volume remained relatively low until the late-night breakout, with a sharp increase in the 02:00–06:00 ET window. Notional turnover spiked in the 05:00–08:00 ET hours, confirming the strength of the rally. Price and volume moved in tandem, suggesting strong institutional or large-cap buyer participation. No significant divergence was observed between price and turnover.
Fibonacci retracement levels drawn from the recent swing low at $0.0905 to the high at $0.0920 show key levels at $0.0916 (38.2%), $0.0919 (61.8%), and $0.0923 (100%). Price held above the 61.8% level for most of the session and may find support or resistance at these levels in the near term. A break above $0.0923 could signal a resumption of a longer-term bullish trend.
Ardor appears to be in the early stages of a potential breakout, with bullish momentum confirmed by key indicators and volume. Traders may watch for a close above $0.0923 to confirm the trend continuation. However, a pullback to test the 61.8% Fibonacci level at $0.0919 could provide a more favorable entry point. As always, market conditions may shift rapidly, and traders should be cautious of overbought levels and potential profit-taking.
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