Market Overview: Animecoin/USDC (ANIMEUSDC) on 2025-10-25
• Animecoin/USDC opened at $0.00935 and closed at $0.00957 over 24 hours with a high of $0.00978 and a low of $0.00926.
• Momentum accelerated in the early hours of the morning, with a sharp move from $0.00957 to a high of $0.00978 amid rising volume.
• The 24-hour volume was 1,066,532.0 and turnover was $9,987.9 (based on ANIMEUSDC).
• Bollinger Bands widened during the late-night rally, suggesting increased volatility.
• RSI crossed into overbought territory briefly, but did not confirm a sustained breakout.
Animecoin/USDC posted a positive 24-hour move with a 2.4% gain, supported by increased volume and a sharp price rally into the early morning. Key resistance levels were tested, but a breakout failed to confirm with follow-through volume. The pair shows signs of short-term bullish momentum but remains range-bound on a broader time frame.
Animecoin/USDC (ANIMEUSDC) opened at $0.00935 on October 24 at 12:00 ET and closed at $0.00957 on October 25 at 12:00 ET. Over the 24-hour period, it traded between $0.00926 and $0.00978, with a total volume of 1,066,532.0 and a notional turnover of $9,987.9. The pair experienced a volatile session marked by a sharp rally into the early morning, with a key high at $0.00978.
On the 15-minute chart, the price action formed multiple bullish signals, including a bullish engulfing pattern after the $0.00957 level was cleared. Key support levels were identified at $0.00947 and $0.00937, while resistance levels were tested at $0.00965 and $0.00978. The 20-period moving average (20SMA) acted as dynamic support during the early part of the session, but the price outpaced the 50-period moving average (50SMA) late into the night.
The MACD crossed into positive territory during the early morning hours, confirming a shift in momentum, while RSI briefly entered overbought territory but failed to maintain a sustained breakout. Bollinger Bands expanded during the late-night rally, reflecting rising volatility. Price remained within the upper and lower bands, suggesting that the move was strong but not extreme.
Volume spiked during the key up-move from $0.00957 to $0.00978, with the most notable volume occurring at 22:45 ET and 02:45 ET, suggesting active buying interest. Turnover increased in tandem with the price rally, reinforcing the move’s legitimacy. However, price and volume began to diverge slightly in the final hours, with volume slowing while the price hovered near $0.00957.
The backtest hypothesis for this strategy involves scanning for the Bullish Engulfing candlestick pattern on the 15-minute chart of ANIMEUSDC. This pattern occurs when a bearish candle is followed by a larger bullish candle that completely engulfs the previous candle’s body. The strategy would trigger an entry at the open of the following candle, with an initial stop-loss placed below the low of the engulfing candle and a target of 1.5–2x the size of the engulfing body.
The hypothesis could be backtested using historical 15-minute data over the past 3 months, focusing on trades held for 1–3 days. To refine the strategy further, additional filters such as volume confirmation and RSI below 30 (oversold) could be added to reduce false signals. This approach could help identify short-term trading opportunities within the range-bound action observed in recent sessions.
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