Market Overview for Ethereum/Zloty (ETHPLN) on 2025-10-26

• Ethereum/Zloty (ETHPLN) surged to a 24-hour high of 14,869.0, rebounding after a sharp 14,822.0–14,766.0 pullback.
• RSI hit overbought levels during the 14,865.0–14,869.0 close, suggesting potential short-term profit-taking.
• Volatility expanded as Bollinger Bands widened, with price testing upper band resistance.
• Volume surged during the 14,865.0–14,869.0 and 14,766.0–14,822.0 swings, confirming key momentum shifts.
• Fibonacci levels suggest 14,550.0 as potential support and 14,870.0 as a near-term resistance pivot.

Ethereum/Zloty (ETHPLN) opened at 14,353.0 (12:00 ET–1) and surged to a high of 14,869.0, with a low of 14,310.0 before closing at 14,869.0 at 12:00 ET. Total traded volume amounted to 19.4059, with a notional turnover of approximately 287,000.0 PLN (19.4059 × 14,869.0).

The 24-hour period saw a powerful breakout above key resistance levels that had capped prior price action. A long bullish engulfing pattern formed during the 14,380.0–14,450.0 swing, followed by a strong continuation into the 14,500.0–14,869.0 range. The 15-minute RSI hit overbought levels (70–80) during the final 3-hour stretch, indicating short-term exhaustion and potential consolidation ahead.

Moving averages on the 15-minute chart showed ETHPLN trading above its 20-period and 50-period SMAs, reinforcing upward momentum. The 50-period MA crossed above the 20-period MA in a bullish “golden cross” formation earlier in the session. Daily MA lines suggest a longer-term uptrend with the 200-period SMA providing a baseline of 14,300.0–14,400.0 for support.

MACD histogram expanded into positive territory mid-session, confirming the strength of the rally. The signal line crossed above the MACD line in a bullish crossover. RSI remained elevated near overbought territory, with the 70–80 range suggesting a high probability of profit-taking or short-term correction. Bollinger Bands widened in response to heightened volatility, and ETHPLN closed near the upper band, suggesting the move could be overextended.

The 15-minute candlestick chart features several Fibonacci retracement levels between 14,400.0 and 14,870.0, with the 61.8% level at 14,730.0 acting as a potential support zone. A key breakout from the 14,550.0–14,700.0 consolidation range confirmed bullish momentum. A potential target for the next leg higher is the 14,870.0–14,920.0 area, with 14,700.0–14,730.0 likely to see retesting if the rally pauses. A break below 14,550.0 could trigger a retest of the 14,400.0 psychological level.

Backtest Hypothesis

The proposed backtest strategy hinges on identifying “RSI overbought” conditions for long entries and employing a fixed 3-day holding period for exits. Given the recent ETHPLN price action, a backtest using the 14-period RSI at the 70-level overbought threshold appears valid, as ETHPLN frequently traded in that range during the final 6 hours of the 24-hour period. The RSI crossed above 70 at the 14,800.0–14,869.0 range, which would have triggered a long signal under the strategy. The 3-day hold would have captured the full 14,869.0 peak if the exit was at the close of the third trading day. However, to refine the strategy, further details are needed: the exact data source (e.g., exchange or API) for accurate ETHPLN pricing and whether entries should be placed on the close of the day the threshold is crossed or the next day’s open. Clarification on these parameters will ensure precise signal generation for the historical backtest.