Market Overview for Boundless/USDC (ZKCUSDC) – October 25, 2025

• Price surged past $0.25 after early morning consolidation, driven by a sharp increase in buying pressure.
• Momentum accelerated with a bullish breakout above $0.26, reaching a 24-hour high of $0.2793.
• Volume spiked dramatically in the first 90 minutes, confirming institutional or large-cap involvement.
• A key resistance at $0.2554 was overwhelmed by a large candle closing at $0.2536.
• Bollinger Bands expanded as volatility surged, indicating high market anticipation and positioning.

24-Hour Summary

On October 25, 2025, Boundless/USDC (ZKCUSDC) opened at $0.239 at 12:00 ET-1, reaching an intraday high of $0.2793 and a low of $0.239 before closing at $0.2675 at 12:00 ET. Total 24-hour volume amounted to 1,202,750.5, and total notional turnover was $303,408.9. A powerful bullish reversal unfolded as the price broke through key psychological and structural levels.

Structure & Formations

The 15-minute candlestick data reveals a strong bullish thrust from 00:15 to 01:45 ET, with a large white candle at 00:30 ET reaching $0.2521 and closing at $0.2521. A notable breakout above $0.26 occurred with confirmation from a strong bullish engulfing pattern. A doji appeared at 03:00 ET, suggesting short-term indecision before the price resumed its upward trajectory.

Key Resistance & Support Levels

Key resistance levels were identified at $0.2554, $0.263, and $0.2687, with all being breached in the early hours. Support levels held at $0.2593 and $0.2611, as evidenced by a bounce off the latter. The most recent support at $0.2611 may now act as a dynamic support/resistance zone.

Moving Averages

The 20-period and 50-period moving averages on the 15-minute chart were decisively crossed in a bullish manner, confirming the strength of the upward move. On the daily timeframe, the 50-period MA at $0.254 and the 100-period MA at $0.248 appear to be in a bullish alignment. The 200-period MA is likely acting as a significant long-term support level.

MACD & RSI

The 15-minute MACD crossed above the signal line with strong positive divergence, indicating increasing momentum. The RSI approached overbought territory in the early hours, peaking at 72, suggesting exhaustion may be near. However, the RSI’s failure to re-enter oversold territory has increased the likelihood of a sustained bullish phase.

Bollinger Bands

Bollinger Bands expanded significantly during the price surge, indicating heightened volatility. The price moved above the upper band at $0.2536, confirming a breakout. This expansion is a bearish sign for long-term volatility but remains neutral for short-term direction, as long as the upper band continues to be respected.

Volume & Turnover

Volume spiked sharply in the first 90 minutes, with a single candle at 00:30 ET contributing over 242,086.9 volume and $61,337.9 turnover. This confirms strong accumulation or speculative buying. Turnover remained elevated until 03:00 ET, then declined as price consolidated above $0.26. No significant divergences were observed between price and volume, indicating solid conviction behind the move.

Fibonacci Retracements

Applying Fibonacci retracements to the most recent 15-minute swing from $0.239 to $0.2536, the 61.8% level is at $0.2455. The price currently rests above this level, indicating bullish strength. On the daily chart, the 61.8% retracement level of the recent downtrend sits at $0.264, which may become a key resistance in the next 24 hours.

Backtest Hypothesis

Given the recent momentum and overbought RSI readings, a backtest of a basic RSI-14 strategy would be a logical next step. The proposed strategy—long when RSI crosses above 70 and exit when a 5% profit target is hit—could be tested using historical price data for ZKCUSDC. However, the lack of available RSI data for the symbol ZKCUSDC highlights a need for clarification: is the symbol listed under a different ticker or exchange code (e.g., ZKC-USDC on Binance)? Once the correct identifier is confirmed, a backtest from January 1, 2022, to today could be executed to evaluate the strategy’s potential performance.