Market Overview for Animecoin/USDC on 2025-12-25
Summary
• Price declined from 0.00938 to 0.00896 with key support at 0.00907.
• Volume spiked in early morning, but price drifted lower with weak confirmation.
• RSI hit oversold territory, suggesting potential near-term bounce.
Animecoin/USDC (ANIMEUSDC) opened at 0.00938, reached a high of 0.00956, and fell to a low of 0.00889 before closing at 0.00896. Total 24-hour volume was 30.4 million USDCUSDC-- with turnover at $278,187.
Structure & Patterns
Price formed multiple bearish engulfing patterns in the late night to early morning hours, confirming the breakdown below key support at 0.00916 and 0.00907. A bearish wedge developed in the 5-minute chart during the early hours of 2025-12-25. A doji appeared near 0.00908, hinting at short-term indecision.
Moving Averages and MACD
The 20-period and 50-period moving averages on the 5-minute chart confirmed the downward drift, with MACD lines showing bearish divergence. The daily MACD appears neutral, though a bearish crossover may be forming.
RSI and Bollinger Bands
RSI dipped into oversold territory (below 30) near the closing hours, signaling possible near-term rebound. Price action remained below the 20-period Bollinger Band for much of the day, indicating low volatility and bearish bias.
Volume and Turnover
Volume surged in the 00:00–03:00 ET window, especially during the breakdown below 0.00916. Turnover confirmed the price decline until 05:00 ET, after which volume diminished despite ongoing bearish price action.
Fibonacci Retracements
The 0.618 retracement level of the earlier 5-minute rally from 0.0091 to 0.00946 came in at 0.00909, aligning with recent support. Price is now testing the 0.00907 level, which is a 0.382 retracement of the prior swing high.
A potential rebound from the 0.00907–0.00908 range may occur, but a break below that could target 0.00889. Investors should remain cautious ahead of potential volatility if a new bullish catalyst emerges.
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