Bitget App
Trade smarter
Open
HomepageSign up
Bitget>
News>
iPower jumps 25.96% intraday but remains below its $1.39 daily EMA

iPower jumps 25.96% intraday but remains below its $1.39 daily EMA

Cryptonomist2026/10/08 15:45
By: Cryptonomist

iPower stock has a bearish daily bias despite its 25.96% intraday gain. Price remains below its 20- and 50-session exponential averages, while hourly signals challenge that view without establishing a fully bullish trend. The key question is whether IPW can clear daily resistance, rather than simply hold above short-term support.

Key takeaways

  • IPW was trading at $1.31 as of 10:04 ET, up 25.96% intraday versus the previous close of $1.04.
  • Daily RSI14 is 44.94, below the neutral 50.
  • Price sits below the daily 20-session EMA at $1.39 and 50-session EMA at $1.89.
  • Hourly RSI14 is 70.89, in overbought territory.
  • The reason for the price move remains unknown; a search of recent coverage found no company-specific news.

On Thursday, October 8, 2026, iPower opened at $1.3 and traded between a low of $1.25 and a high of $1.57. It was trading at $1.31 as of 10:04 ET, up 25.96% intraday versus the previous close, with 408,727 shares traded so far. The previous close was $1.04 on October 7, 2026. Daily candle: opened at $1.30, traded between a low of $1.25 and a high of $1.57, and was last at $1.31, against a previous close of $1.04.

The reason for the price move remains unknown.

iPower daily chart: bearish structure, mixed momentum

The daily 20-session EMA stands at $1.39, below the 50-session EMA at $1.89. Price sits beneath both, leaving the main chart biased toward the bearish case. The daily Bollinger mid-band at $1.43 adds another overhead reference, between the lower band at $0.66 and upper band at $2.2.

However, daily RSI14 rose to 44.94 from 35.56 on the preceding candle. It remains below 50, so the higher reading does not establish bullish momentum. The daily MACD histogram crossed above zero to 0.01 from -0.01. The MACD line at -0.21 is above its signal at -0.22, although both remain negative. These signals make the daily picture mixed rather than uniformly bearish.

Meanwhile, daily ATR14 increased to $0.26 from $0.24, indicating a larger measured trading range. Price stands above the daily pivot at $1.07, first resistance (R1) at $1.1, and first support (S1) at $1.01. These levels come from the previous completed daily candle and apply to the current session. Their position beneath price contrasts with the overhead daily averages.

Hourly strength challenges the daily bias

On the hourly chart, price is above the 20-hour EMA at $1.14 and 50-hour EMA at $1.17. However, it remains below the 200-hour EMA at $1.68, and the 20-hour average is below the 50-hour average. The hourly structure therefore runs against the daily bearish view without confirming a fully bullish alignment.

Notably, hourly RSI14 rose to 70.89 from 40.83 on the preceding candle, placing it in overbought territory. The hourly MACD line is 0, above its signal at -0.01, with a positive histogram of 0.01. Price also sits above the hourly upper Bollinger band at $1.28. Together, these readings show short-term strength, but they do not resolve the daily resistance problem.

Hourly ATR14 increased to $0.07 from $0.04, marking a larger measured hourly range. Price is above the hourly pivot at $1.08 and first resistance (R1) at $1.11, calculated from the preceding completed hourly candle.

Short-term timing and the competing scenarios

15-minute chart: less extended momentum

In contrast, the 15-minute chart offers a less extended momentum reading. RSI14 declined to 65.89 from 72.84 on the preceding candle and is now below the overbought threshold. The MACD line at 0.04 remains above its signal at 0, with a positive histogram of 0.03. Price is above the 20-quarter-hour EMA at $1.16, 50-quarter-hour EMA at $1.15, and 200-quarter-hour EMA at $1.21.

Pivot levels and execution context

For execution context, price sits below the 15-minute upper Bollinger band at $1.33 and pivot at $1.38. It is above first support (S1) at $1.26, while ATR14 reads $0.06. Those pivot levels derive from the preceding completed 15-minute candle. They are short-term references, not substitutes for the daily bias.

Bullish scenario requires clearing daily resistance

The bullish scenario requires holding the 15-minute first support at $1.26. It also needs to clear the upper band at $1.33 and pivot at $1.38. Beyond those levels, the daily 20-session EMA at $1.39 and Bollinger mid-band at $1.43 are the central barriers. Above them, the 15-minute first resistance (R1) at $1.49 and session high at $1.57 provide further reference points. Daily RSI above 50 would also support the bullish case.

Bearish risk below $1.26

Conversely, a break below the 15-minute first support at $1.26 and session low at $1.25 would undermine that case. The 15-minute 200-quarter-hour EMA at $1.21 is the next lower reference. Failure to clear the daily barriers would leave the main bearish structure intact, even with positive short-term MACD readings.

Overall, iPower stands above short-term averages but below its key daily resistance: the 20-session EMA at $1.39 and the Bollinger mid-band at $1.43. Daily ATR is $0.26, while hourly RSI is overbought. The unresolved issue is whether intraday strength can establish price above those daily barriers during the still-open session.

FAQ

What are the key daily resistance levels for iPower?

The daily 20-session EMA at $1.39 and the daily Bollinger mid-band at $1.43 are the central barriers. The daily 50-session EMA is at $1.89, and the daily upper Bollinger band is at $2.2.

What do iPower’s daily momentum indicators show?

Daily RSI14 is 44.94, below the neutral 50. The daily MACD line is -0.21, above its signal at -0.22, with a positive histogram of 0.01. Both MACD components remain negative.

What does the hourly chart indicate for IPW?

Price is above the 20-hour EMA at $1.14 and 50-hour EMA at $1.17, but below the 200-hour EMA at $1.68. Hourly RSI14 is 70.89, in overbought territory. The 20-hour EMA remains below the 50-hour EMA.

What are the key short-term levels to watch?

The 15-minute first support (S1) at $1.26 is a critical floor. Above, the 15-minute upper Bollinger band at $1.33 and pivot at $1.38 are near-term barriers. The session high is $1.57.

Article produced with the assistance of artificial intelligence and reviewed by the editorial team.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
Understand the market, then trade.
Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.
Trade now!

You may also like

US Treasury yields soar to a 24-year high; US Treasury advisors expect future declines as AI investments and energy shocks drive up borrowing costs

David Zervos, senior advisor to U.S. Treasury Secretary Yellen and a veteran Wall Street professional, stated on Thursday that despite the recent surge in U.S. Treasury yields to their highest levels in decades, the current real yields are significantly elevated compared to historical levels, suggesting room for a decline in the future.

智通财经•2026/10/08 22:37
St. Louis Fed President: Further rate hikes needed over the next 6 to 9 months; inflation remains the top issue for the US economy

St. Louis Federal Reserve President Musalem said on Thursday that the Federal Reserve still needs to raise interest rates further in order to bring U.S. inflation back to the 2% target in a timely manner.

智通财经•2026/10/08 22:37
Trump's tariffs increase U.S. consumer costs: New York Fed reports prices of related goods up nearly 3%, impact may last until 2027

The latest research by the Federal Reserve Bank of New York shows that the tariff policies implemented by U.S. President Trump have significantly increased the cost for American consumers to purchase everyday goods.

智通财经•2026/10/08 22:37

Trending news

More
1
Aptos insider vesting ends, cutting APT unlocks by 60%
2
US Treasury yields soar to a 24-year high; US Treasury advisors expect future declines as AI investments and energy shocks drive up borrowing costs

Crypto prices

More
Bitcoin
Bitcoin
BTC
$81,786.46
-1.67%
Ethereum
Ethereum
ETH
$2,473.41
-3.68%
Tether USDt
Tether USDt
USDT
$0.9992
-0.03%
BNB
BNB
BNB
$736.02
-4.58%
XRP
XRP
XRP
$1.38
-2.42%
USDC
USDC
USDC
$0.9998
+0.01%
Solana
Solana
SOL
$110.28
-4.95%
TRON
TRON
TRX
$0.3327
-0.67%
Hyperliquid
Hyperliquid
HYPE
$84.41
-4.08%
Zcash
Zcash
ZEC
$1,186.73
-10.93%
How to buy BTC
Bitget lists BTC – Buy or sell BTC quickly on Bitget!
Trade now
Become a trader now?A welcome pack worth 6200 USDT for new users!
Sign up now
Trade smarter