Market Overview for Animecoin/USDC on 2026-01-05

Summary
• Price declined from $0.00752 to $0.00721 amid high volume and bearish patterns.
• Key support tested at $0.00725–0.00727, with potential for short-term bounce.
• Volatility surged during early ET hours before stabilizing around $0.00727.
• RSI and MACD signal oversold conditions, suggesting possible near-term rebound.
• Turnover spiked near $0.00732–0.00736, hinting at accumulation pressure.

Animecoin/USDC (ANIMEUSDC) opened at $0.00752 on 2026-01-04 at 12:00 ET, reached a high of $0.00752, dropped to a low of $0.00721, and closed at $0.00721 by 12:00 ET on 2026-01-05. Total volume was 7.32 million, and notional turnover amounted to $54.94 million.

Structure & Formations

Price action formed a bearish engulfing pattern in early ET hours, followed by a sharp decline to test support near $0.00725–0.00727. A long lower wick during the early morning ET suggests rejection at lower levels, potentially forming a short-term base.

Moving Averages

The 20-period and 50-period moving averages on the 5-minute chart were in a bearish alignment, with price closing below both. On a longer time frame, the 50- and 200-day averages suggest further downward momentum is likely unless a reversal pattern emerges.

MACD & RSI

The RSI approached oversold territory (~25), indicating potential for a near-term bounce. The MACD remained negative but narrowed, signaling weakening bearish momentum. A closing above $0.0073 could trigger a short-term reversal in sentiment.

Bollinger Bands

Volatility expanded during the decline, with price reaching the lower band before stabilizing. The bands narrowed slightly in the late ET hours, suggesting a potential consolidation phase ahead.

Volume & Turnover

Trading volume spiked during the early decline and again in the late morning ET, coinciding with sharp price drops. Turnover increased significantly near $0.00732–0.00736, possibly indicating accumulation by strategic buyers.

Fibonacci Retracements

On the 5-minute chart, price found support at 61.8% retracement of the $0.00742–0.00752 range near $0.00728. If buyers can hold above this level, a test of 38.2% at $0.00734 may follow.

Price appears to have reached an oversold level, raising the possibility of a near-term rebound, but bears remain in control with key support under test. Investors should monitor volume and price action around $0.00725–0.00728, as a breakdown could accelerate the decline further in the next 24 hours.