Market Overview for USDC/Zloty (USDCPLN) on 2025-09-20

• USDC/Zloty traded in a tight range with a 24-hour high of 3.627 and low of 3.617.
• Momentum showed mixed signals with RSI hovering near mid-levels and MACD consolidation.
• Volatility was moderate, with price staying within Bollinger Bands for most of the session.
• A potential bullish pattern formed near 3.625, with key support identified at 3.619.
• Turnover was uneven, with spikes during late ET hours and divergence seen in morning trade.

The 24-hour period for USDC/Zloty (USDCPLN) began at 3.622 at 12:00 ET − 1 and reached a high of 3.627 while hitting a low of 3.617 before closing at 3.627 at 12:00 ET today. The total volume traded over the period was 714,199 units, and with average pricing, the notional turnover came to approximately PLN 2,608,077.

Structure & Formations

The price action formed a series of bullish and bearish consolidations, suggesting indecision among traders. A small bullish engulfing pattern emerged at the 3.625 level around the 07:30–07:45 ET timeframe, hinting at potential upward bias. A key support at 3.619 was tested multiple times, showing resilience. A doji at 3.622 during the overnight hours reflected a balance between buyers and sellers.

Moving Averages

On the 15-minute chart, the 20-period and 50-period moving averages were closely aligned, indicating a sideways bias. On the daily chart, the 50-period moving average (not directly available) would likely sit just below 3.624, with the 100- and 200-period lines acting as longer-term support. Price has remained above the 50-period line, suggesting a mildly bullish setup.

MACD & RSI

The MACD histogram showed no significant momentum, with the fast and slow lines converging near the zero line, suggesting range-bound action. The RSI hovered around 50, indicating neutral momentum, though slight overbought conditions were observed in late ET hours, reaching 60–62 before retreating. No clear oversold signals were present during the session.

Bollinger Bands

The 20-period Bollinger Bands displayed moderate expansion as price tested the upper band twice, reaching as high as 3.627, and touched the lower band once at 3.619. The majority of price action remained within the bands, indicating stable volatility. A contraction was noted early in the session but did not lead to a breakout.

Volume & Turnover

Volume remained relatively consistent throughout the day, with notable spikes in the late ET hours as price approached 3.627. Turnover mirrored volume, showing a divergence during the early morning period when volume dipped but turnover remained steady, suggesting a mix of large and small trades. No significant price-volume divergences were observed.

Fibonacci Retracements

Applying Fibonacci retracement levels to the most recent 15-minute swing from 3.619 to 3.627, the 38.2% level at 3.623 and the 61.8% level at 3.625 were key. The price consolidated around the 61.8% level during the early ET morning, with a small rebound seen afterward. These levels may act as pivot points for near-term direction.

Backtest Hypothesis

Given the observed structure and Fibonacci retracement levels, a potential backtesting strategy could involve a breakout-based approach. A long position may be triggered on a close above the 61.8% Fibonacci level (3.625), with a stop-loss placed below the 3.619 support. A short position could be considered on a close below 3.619, with a stop above the 3.625 resistance. This would align with the observed consolidation and key price levels seen over the 24-hour period.