Market Overview for Rocket Pool/USDC (RPLUSDC) - 2025-09-14

• Rocket Pool/USDC declined by -0.29% over the 24-hour period, closing at 6.9.
• Volatility expanded with a high-low range of 0.09, peaking at 6.97 before consolidation.
• Volume spiked during the 21:15–21:30 ET window, coinciding with a bullish reversal.
• RSI hovered near neutral, suggesting no immediate overbought/oversold conditions.
• A key support level at 6.85–6.87 appears to have held, with price bouncing afterward.

Rocket Pool/USDC (RPLUSDC) opened at 6.91 on 2025-09-13 at 12:00 ET and closed at 6.9 on 2025-09-14 at the same hour. The pair reached a high of 6.97 and a low of 6.79 during the period. Total volume amounted to 7,953.08, with notional turnover of 55,176.29 USDC. Price action showed a choppy but defined bearish bias toward the end of the day.

Structure & Formations

Price found key support between 6.85 and 6.87, forming a base for several hours, before a small bullish reversal occurred at 6.91 in the 21:15–21:30 ET window. A large bearish candle on the 19:15–19:30 ET timeframe (closing at 6.85) could indicate exhaustion from buyers. A small bullish engulfing pattern was visible after the 22:30–22:45 ET range, though it was followed by consolidation. A doji at 23:45 ET reflected indecision in the market ahead of the close.

Moving Averages

On the 15-minute chart, the 20-period and 50-period moving averages intersected around 6.89–6.90, suggesting a potential support/resistance area. The 50-period MA was below the 20-period, indicating a bearish bias. On the daily chart, the 50-period MA was above the 200-period MA, suggesting a longer-term bullish trend despite recent short-term weakness.

Backtest Hypothesis

A potential backtesting strategy could involve entering long positions after a bullish engulfing pattern forms at a key support level (e.g., 6.85–6.87) and closing above the 20-period MA on the 15-minute chart, with a stop-loss just below the doji at 23:45 ET. This setup would target a retest of 6.91–6.95 as a potential short-term ceiling. Given the recent consolidation, this strategy may work best in a low-volatility environment or when a clear breakout pattern emerges.

MACD & RSI

The 12/26/9 MACD showed a bearish crossover early in the session, with the histogram contracting toward the end of the day. The RSI remained in neutral territory (40–60), with no clear overbought or oversold signals. A small bearish divergence was noted between the price and RSI in the 20:15–21:15 ET window, hinting at potential exhaustion. If RSI breaks above 50 with rising volume, it may signal renewed buying interest.

Bollinger Bands

Price remained within the Bollinger Bands for much of the day, with a brief excursion above the upper band at 6.97 during the 21:15–21:30 ET window. The bands were relatively wide, indicating increased volatility. A contraction in the bands occurred near the close, suggesting a potential period of consolidation or a breakout.

Volume & Turnover

Volume spiked to 1,131.56 on the 17:00–17:15 ET candle, coinciding with a bearish move from 6.84 to 6.79. Another spike occurred at 21:15–21:30 ET (volume: 482.06), supporting a short-term bullish reversal. Notional turnover followed a similar trend, peaking during the two volume spikes. No significant divergence was observed between price and turnover during the 24-hour window.

Fibonacci Retracements

Applying Fibonacci retracements to the 6.79–6.97 swing showed key levels at 6.86 (38.2%), 6.89 (50%), and 6.92 (61.8%). Price stalled around the 61.8% retracement before consolidating. A retest of 6.86–6.87 is likely, with a potential bounce off that level if bullish momentum builds.

Looking ahead, Rocket Pool/USDC may consolidate around 6.87–6.90, with a potential bullish breakout toward 6.95 if support holds and volume increases. However, a breakdown below 6.85 could trigger further bearish momentum. Investors should watch for volume confirmation and RSI behavior to assess the strength of any potential move.