Market Overview: USDC/Zloty (USDCPLN) 24-Hour Price Action and Trends

• Price tested 3.669–3.675 support/resistance cluster multiple times over 24 hours.
• Late ET morning rally pushed USDCPLN to a high of 3.68, the strongest level in recent sessions.
• Volume surged in final hours, with 295,210 Zloty turnover at 3.68.
• RSI hit overbought territory as price closed near top of Bollinger Band.
• 20-period MA crossed above 50-period MA on 15-min chart, suggesting short-term bullish momentum.

The USDC/Zloty pair opened at 3.673 on October 9 at 12:00 ET and closed at 3.674 on October 10 at the same time. Over the course of 24 hours, the pair reached a high of 3.68 and a low of 3.666. Total volume traded was 1,297,498 Zloty, with a notional turnover of 4.67 million Zloty, highlighting strong liquidity and interest.

Structural analysis reveals a key support zone around 3.669–3.672, tested multiple times during the session, most notably in the early hours of October 10 when price dipped to 3.666. Resistance levels formed at 3.675–3.68, with a strong bearish rejection observed at 3.68 in late ET morning. Several bullish engulfing patterns were evident around 09:45–10:00 ET as buyers retook control, pushing prices toward 3.68. A long lower shadow on the 3.673–3.675 candle at 09:30 ET signaled short-covering pressure. A doji formed at 11:30 ET near 3.672, suggesting indecision amid a consolidation phase.

The 20-period and 50-period moving averages on the 15-minute chart crossed above each other in the final hours of the session, suggesting a potential short-term bullish bias. The 50-period MA hovered around 3.673, acting as dynamic support in the morning and resistance in the late afternoon. On a daily scale, the 50-period MA sat at 3.670, slightly above the 200-period MA at 3.669, indicating a mildly bullish trend. Price closed above both, reinforcing near-term momentum.

MACD crossed into positive territory in the final hour, signaling increasing bullish momentum. RSI hit 71 at the session’s peak near 3.68, entering overbought territory, suggesting a potential pullback. Bollinger Bands showed a slight contraction during the early consolidation phase before expanding as the price surged toward 3.68. At the close, price was near the upper band, indicating a possible reversal or continuation depending on volume confirmation.

Volume spiked sharply in the final hours as the price surged to 3.68, with the highest turnover recorded at that level. Notional turnover surged by nearly 300% between 14:15–14:30 ET, aligning with the 3.68 high. Divergence was observed between volume and price action during the morning consolidation, as volume dipped while price hovered near 3.672–3.674, signaling possible exhaustion in the bearish move. However, volume quickly spiked again as buyers stepped in after 09:30 ET, confirming the bullish breakout.

Fibonacci retracement levels drawn from the 3.666–3.68 swing identified key levels at 3.674 (61.8%) and 3.671 (38.2%) as significant support/resistance. The 3.674 level held firm multiple times during the session and appears to be a critical pivot for the next 24 hours. The daily swing from 3.672 (low on 10/09) to 3.68 (high on 10/10) also generated 61.8% and 78.6% retracement levels at 3.674 and 3.679, respectively, both of which saw meaningful price action.