Market Overview: Newton Protocol (NEWTUSDT) 24-Hour Technical Update

Generated by AI AgentTradeCipher
Wednesday, Aug 13, 2025 12:26 pm ET1min read
Aime RobotAime Summary

- Newton Protocol (NEWTUSDT) rebounded from key support ($0.346–0.348) with a bullish engulfing pattern and rising volume.

- RSI stabilized near 50 while price broke out of Bollinger Band contraction, signaling potential momentum shift.

- Strong 02:00–03:00 ET volume validated the bounce, with Fibonacci levels suggesting possible $0.3517–0.3543 targets.

- Price consolidation above $0.348 and MA alignment indicate ongoing volatility, with $0.3505 as a critical reversal threshold.

• Newton Protocol (NEWTUSDT) formed a bullish engulfing pattern after hitting a 24-hour low of $0.345
• Price rebounded from a key support area (~$0.346–0.348) with increasing volume
• RSI entered neutral territory, suggesting momentum may be stabilizing
• Volatility expanded as price moved out of

Bollinger
Band contraction

Market Overview

Newton Protocol (NEWTUSDT) opened at $0.3464 on 2025-08-12 12:00 ET and reached a high of $0.3559 before closing at $0.3492 at 2025-08-13 12:00 ET, with a low of $0.345. The 24-hour volume totaled ~9,454,696.1, and the notional turnover amounted to ~$3,327,000 (based on volume × average price).

Structure & Formations

Price tested a critical support zone (~$0.346–0.348) multiple times over the past 24 hours, most recently on the 15-minute chart at 2025-08-13 02:15–02:30 ET, where a bullish engulfing pattern formed. A doji appeared near the 24-hour low at $0.3453, signaling indecision. The price is now consolidating above this level, suggesting the support is holding.

Moving Averages

On the 15-minute chart, the 20- and 50-period moving averages are converging, with price hovering just above the 50-period line. On the daily chart, the 50-, 100-, and 200-period MAs are aligned lower, indicating a longer-term bearish bias. A crossover of the 20 and 50 could signal a near-term short-covering rally.

MACD & RSI

The MACD crossed into positive territory mid-day, suggesting a shift in short-term momentum. RSI is approaching the 50 mark (~52 as of 12:00 ET), indicating neutral momentum, but not yet overbought or oversold. A move above the 60 threshold would suggest strengthening bullish momentum, whereas a drop below 40 would raise bearish concerns.

Bollinger Bands

Price moved out of a tight consolidation near the Bollinger Band midline in the early morning hours and has since oscillated within the upper and lower bands, with volatility rising. The current price is positioned closer to the upper band, suggesting a potential correction could follow.

Volume & Turnover

Volume spiked during the critical 02:00–03:00 ET window, supporting the bullish engulfing pattern. Notional turnover increased during this time, aligning with price action and validating the bounce. No significant divergence between price and turnover was observed, suggesting the move is backed by real buying interest.

Fibonacci Retracements

Applying Fibonacci to the 02:00–04:00 ET swing, price is testing the 38.2% retracement level (~$0.3489). A break above this level could see the price test the 50% retracement (~$0.3517) and 61.8% level (~$0.3543) in the next 24 hours.

Looking ahead, Newton Protocol could continue to test key levels between $0.348 and $0.355 over the next 24 hours. Investors should watch for a potential breakout above $0.3505 to confirm a short-term reversal. As always, risk management remains critical in the face of ongoing volatility.