Market Overview: Animecoin/USDC (ANIMEUSDC) on 2026-01-08

Summary
• Price surged from $0.00749 to $0.00849, driven by strong volume near the daily close.
• RSI and MACD show overbought conditions, suggesting potential consolidation or correction.
• Bollinger Bands reflect increasing volatility with price near the upper band.
• Volume and turnover spiked in the early morning, confirming the bullish breakout.
• A doji and bearish engulfing patterns near $0.00785 suggest caution ahead.

Animecoin/USDC (ANIMEUSDC) opened at $0.00749 on 2026-01-07 at 12:00 ET and closed at $0.00786 on 2026-01-08 at 12:00 ET. The pair reached a high of $0.009 and a low of $0.00747, with total volume of 109,628,493.9 and notional turnover of $835,806.57 over the 24-hour period.

Structure & Formations

The price broke above a prior resistance at $0.008 to reach $0.009, forming a bullish continuation pattern. A bearish engulfing candle and a doji emerged near $0.00785, indicating potential short-term indecision. Key support appears at $0.00775 and $0.0075, with resistance at $0.0081 and $0.0084. The price has tested the 61.8% Fibonacci retracement level of the daily move, which may act as a pivot for near-term direction.

Moving Averages

On the 5-minute chart, the price has been above both the 20-period and 50-period moving averages, reinforcing a short-term bullish bias. On the daily chart, the 50-period MA is at $0.00775, with the price currently above both the 50 and 200-period moving averages, suggesting a continuation of the uptrend if volume remains supportive.

MACD & RSI

The RSI reached 76, signaling overbought conditions and the potential for a pullback. The MACD line crossed above the signal line earlier in the session, confirming a bullish signal. However, a divergence between RSI and price in the morning suggests caution ahead of a potential consolidation phase.

Bollinger Bands

The Bollinger Bands have widened significantly, reflecting increased volatility. The price touched the upper band during the late-night rally, indicating strong momentum, but has since retreated closer to the middle band, suggesting a possible retest of key support levels.

Volume & Turnover

Volume spiked to over 16.5 million during the breakout to $0.009, with corresponding notional turnover of over $140,000. The late-night surge in volume confirmed the bullish move, but recent volume has cooled slightly, indicating potential exhaustion. Divergences in volume and price during the morning suggest a potential pause or reversal could be imminent.

Fibonacci Retracements

The recent 5-minute rally from $0.00747 to $0.009 aligns with a 61.8% retracement at $0.0081, which may act as a short-term pivot. The daily move from $0.00747 to $0.009 shows similar Fibonacci alignment, reinforcing the importance of the $0.0081–$0.0084 range as a critical area to watch for the next 24 hours.

The next 24 hours may see a pullback toward key support levels before attempting another push higher, especially if volume remains healthy. Traders should monitor for a breakdown below $0.00775, which could signal a deeper correction.