0G/USDC Market Overview

Generated by AI AgentTradeCipherReviewed byAInvest News Editorial Team
Friday, Nov 7, 2025 4:37 am ET1min read
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- 0G/USDC closed at $1.051 after a 6.0% 24-hour range, breaking key support ($1.015) and resistance ($1.056) levels.

- RSI fluctuated between overbought (70 at $1.048) and oversold (30 at $1.017), while MACD showed fading bullish momentum.

- Bollinger Bands expanded as price diverged from the mean, with Fibonacci levels near $1.036 suggesting potential pullbacks.

- A 15-minute chart revealed mixed candlestick patterns (bullish engulfing, hanging man) and a doji at $1.037 indicating market indecision.

Summary
• 0G/USDC closed higher at $1.051 after a volatile 24-hour session with a 6.0% range.
• Key support at $1.015 and resistance at $1.064 were tested and broken.
•

Momentum
is mixed with RSI oscillating between overbought and oversold levels.
• Volume spiked to 71144.11 on the 15-minute chart near $1.037.
• Bollinger Bands show a recent volatility expansion as price diverged from the mean.

0G/USDC traded with a 24-hour range of $0.991–$1.056, opening at $1.004 (12:00 ET − 1) and closing at $1.051 (12:00 ET). Total volume amounted to 401,940.63 and notional turnover stood at ~$397,940 (based on mid-USDC price assumption). The pair appears to be in a tightening trading range on the 15-minute chart, with potential for a breakout.

On the 15-minute chart, 0G/USDC formed a bullish engulfing pattern at $1.002–$1.012, followed by a hanging man at $1.043–$1.046, signaling mixed sentiment. A doji formed near $1.037, suggesting indecision. The 20-period moving average is bullish at $1.039, crossing above the 50-period at $1.036, while the 50-period remains neutral.

MACD showed a positive crossover with the signal line, indicating strengthening bullish momentum, but the histogram began to narrow in the final hours, suggesting weakening. RSI hit 70 (overbought) around $1.048 and fell below 30 (oversold) at $1.017, showing strong but volatile momentum. Bollinger Bands expanded significantly as price broke out of a consolidation range, with the close near the upper band suggesting continued upside potential.

Fibonacci retracement levels on the 15-minute swing from $1.002 to $1.048 showed price hovering near the 61.8% level (~$1.036), reinforcing the potential for a pullback or continuation. A key support at $1.029 and resistance at $1.056 were both tested during the session.

Backtest Hypothesis
To accurately evaluate the effectiveness of an RSI-based trading strategy on 0G/USDC, it is essential to confirm the exact ticker symbol used for the pair in the market data feed. Based on the provided input, "0GUSDC" is assumed to be the correct symbol. Assuming a 14-period RSI with overbought at 70 and oversold at 30, a buy signal would trigger at ~$1.017 and a sell at ~$1.048. Using the 15-minute close price for execution, the strategy would initiate and close positions according to RSI thresholds without additional constraints.