Summary
•
traded in a tight range before a late surge pushed it 0.76% higher from open to close.
• Key resistance formed at 0.00792 and 0.00804, with volume confirming strength in the 07:30–08:45 ET window.
• Low volatility persisted until a sharp breakout at 07:30 ET, signaling potential bullish momentum.
Alchemy Pay/USDC (ACHUSDC) opened at 0.00784 on 2025-12-26 12:00 ET and closed at 0.00804 on 2025-12-27 12:00 ET, reaching a high of 0.00804 and a low of 0.00784. Total 24-hour volume was 761,119.0 and turnover amounted to 6,083.66 USDC.
Structure & Formations
Price remained in a narrow consolidation until 07:30 ET, when a bullish engulfing pattern formed, pushing price above 0.00792. This level had been a key resistance and was confirmed by a strong 26,792 volume candle. A second consolidation occurred above 0.00804, with no follow-through suggesting that further upside could face selling pressure.
Moving Averages and Momentum
On the 5-minute chart, the 20-period and 50-period moving averages were closely aligned in a bullish bias post 07:30 ET, supporting the recent breakout. RSI crossed into overbought territory in the late hours, suggesting a possible near-term pullback. MACD remained positive, reinforcing the idea that buying pressure could continue.
Volatility and Bollinger Bands
Volatility expanded significantly during the 07:30–08:45 ET window, with the ACHUSDC pair trading above the upper Bollinger Band at 0.00804. This breakout followed a period of contraction, suggesting the move was driven by a clear directional signal rather than random noise.
Volume and Turnover Insights
Volume spiked dramatically during the 07:30 ET candle, which confirmed the breakout above 0.00792. Turnover increased correspondingly, showing that the move was supported by genuine on-chain activity. There were no notable divergences between price and volume, indicating strong conviction behind the bullish move.
Fibonacci Retracements
A retracement of the 0.00784 to 0.00804 move shows potential next targets at 0.00814 (61.8%) and 0.00821 (100%), assuming the bullish momentum continues. A breakdown below 0.00792 may trigger a retest of 0.00785, which could see renewed support.
In the next 24 hours, ACHUSDC could test the 0.00810–0.00815 range as it seeks confirmation of the breakout. Traders should be cautious of overbought conditions and watch for signs of profit-taking or bearish divergence in the RSI.
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