Market Overview for Epic Chain/Tether (EPICUSDT): 2026-01-16

Generated by AI AgentAinvest Crypto Technical RadarReviewed byAInvest News Editorial Team
Friday, Jan 16, 2026 7:39 pm ET1min read
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Aime RobotAime Summary

- EPICUSDT surged past $0.63 with a bullish engulfing pattern, closing at $0.636 after a double-top breakout.

- RSI hit overbought levels near $0.646 while Bollinger Bands widened, signaling heightened volatility and potential continuation.

- Strong volume/turnover confirmed buying pressure above $0.63, with Fibonacci levels highlighting $0.638–$0.646 resistance and $0.625 support.

- 50-period MA held above $0.625 during consolidation, but traders must monitor for overbought exhaustion or reversal signals.

Summary
• Price surged from $0.61 to $0.646, forming a bullish engulfing pattern near $0.61.
• RSI indicates overbought conditions after a sharp rally, suggesting possible consolidation.
• Bollinger Bands widen post-breakout, signaling increased volatility and potential continuation.
• Volume and turnover surged during the rally, confirming strength in the move above $0.63.
• Fibonacci retracement levels suggest key resistance near $0.638–$0.646 and support near $0.625–$0.628.

At 12:00 ET–1, Epic Chain/Tether (EPICUSDT) opened at $0.61, reached a high of $0.652, fell to a low of $0.604, and closed at $0.622 at 12:00 ET. Total volume over the 24-hour window was 1,231,605.7, while turnover reached $775,898.74.

Structure & Formations


EPICUSDT broke above key resistance near $0.63 on a bullish engulfing pattern, with a strong close at $0.636 after forming a double-top pattern. The price then pulled back into a consolidation phase, with a 50-period moving average (5-min chart) holding strong above $0.625.

Moving Averages


On the 5-min chart, the 20-period MA rose through the 50-period MA, confirming a short-term bullish bias. On the daily chart, the 50-period MA is approaching the 100-period MA, suggesting a possible trend continuation if the pullback does not breach $0.625.

MACD & RSI


The MACD crossed above the signal line during the afternoon rally, supporting bullish momentum. RSI spiked to overbought territory (above 70) near $0.646, suggesting a potential near-term pause or correction. However, the strong volume and turnover during the rally support further upside potential.

Bollinger Bands


Bollinger Bands expanded sharply during the breakout from $0.63 to $0.646, indicating increased volatility.
The price closed near the upper band after a sharp move, which could either signal exhaustion or continuation depending on volume behavior in the next 24 hours.

Volume & Turnover


Volume and turnover surged during the $0.63–$0.646 move, confirming strong buying pressure. The divergence in volume during the pullback into $0.622 was weaker, suggesting limited bearish conviction.

Fibonacci Retracements


On the 5-min chart, Fibonacci levels indicate key resistance near $0.638–$0.646 and support near $0.625–$0.628. On the daily chart, the 61.8% retracement level is near $0.62, which may act as a critical support during the pullback.

Looking ahead,

EPICUSDT
could test the 0.63–0.646 range if the consolidation holds and volume increases on the next move. However, traders should remain cautious of potential short-term overbought conditions and monitor for signs of exhaustion or a reversal.