Market Overview for Ethereum/Eurite (ETHEURI) – October 12, 2025

• Price dropped from $3355.87 to $3331.72 over 24 hours, ending near session low.
• Volatility picked up late in the session with a sharp upward move to $3592.31.
• MACD signaled a bullish crossover near session close, suggesting potential upward momentum.
• Volume spiked during the final hours, with a large bullish candle forming after 15:00 ET.
• ETHEURI traded in a volatile range with key support at $3314.58 and resistance at $3500.

Ethereum/Eurite (ETHEURI) opened at $3355.87 on October 11, 2025 (12:00 ET − 1), reached a high of $3592.31, a low of $3200.33, and closed at $3522.48 on October 12, 2025 (12:00 ET). The 24-hour volume amounted to 163.07 ETH, while notional turnover reached approximately $489,277. The asset exhibited a volatile session, with significant price swings and increased activity in the final hours.

Structure & Formations

Price action during the session showed a clear bearish shift early on, with a breakdown from the $3355.87 level and consolidation below it for much of the day. A strong bullish reversal formed near $3200.33, with a long lower wick followed by an aggressive rally toward $3500. This suggests a possible short-term support area forming around $3200–$3250. Toward the end of the session, a large bullish candle formed after 15:00 ET, closing at $3522.48 and suggesting potential bullish momentum. A doji-like structure near $3314.58 also indicated indecision but ultimately broke to the upside.

Moving Averages

On the 15-minute chart, the 20-period and 50-period moving averages crossed below the price action in the early hours, indicating bearish pressure. However, during the late afternoon, the 20-period MA crossed above the 50-period MA, forming a bullish “golden cross.” On the daily chart, the 50-period and 200-period MAs remained in a bearish configuration, with price currently above the 50-period MA, suggesting possible short-term strength amid a longer-term downtrend.

MACD & RSI

The MACD line crossed above the signal line in the final hour of the session, signaling a potential short-term bullish momentum. However, the histogram remained relatively small, suggesting the move may not be fully backed by volume. The RSI reached 48.3 at session close, indicating a neutral to slightly bullish momentum. While not overbought, the RSI did show a sharp upward turn, hinting that the price may continue to retest higher levels. No clear overbought or oversold conditions were observed during the session, but the RSI’s upward trajectory suggests a possible continuation of the bullish trend.

Bollinger Bands

Price spent the majority of the session trading inside the Bollinger Bands, with a narrowing of the bands occurring between 17:00 and 21:00 ET, indicating a period of low volatility. A sharp expansion followed in the early evening, particularly after 15:00 ET, coinciding with a large bullish move. The closing price of $3522.48 sat just below the upper band, suggesting that volatility is building and that the price may test the upper limit again in the coming session.

Volume & Turnover

Volume remained relatively low in the early hours but spiked during the late afternoon and into the evening, with a large-volume candle forming around $3200.33–$3342.13. The notional turnover also increased during this period, aligning with the price action and confirming the strength of the move. A divergence between volume and price was observed briefly between 19:00 and 21:00 ET, with a large downward move occurring on relatively low volume. This could indicate a potential exhaustion in bearish momentum.

Fibonacci Retracements

Applying Fibonacci levels to the recent swing from $3200.33 to $3592.31, the 38.2% retracement level is at $3418.32, the 50% at $3396.32, and the 61.8% at $3374.32. The session high of $3592.31 fell just short of the 78.6% level at $3434.32. The price closed near the 61.8% retracement level, suggesting potential for a pullback or consolidation in this area. A break above $3396.32 could signal further bullish momentum, while a drop below $3374.32 may indicate bearish continuation.

Backtest Hypothesis

A potential backtesting strategy could involve taking a long position at the 61.8% Fibonacci retracement level of a major bullish swing, with a stop-loss placed just below the recent swing low and a take-profit at the 50% or 78.6% level. This approach aligns with the observed bullish momentum seen in the final hours of the session and the strong volume confirmation during that period. The MACD crossover and RSI momentum further support this setup, making it a viable hypothesis for further testing on historical data.