Market Overview: USDC/Zloty (USDCPLN) - 24-Hour Summary

Summary
• Price remains in a tight range, oscillating between 3.632 and 3.639 on 5-minute data.
• Late-night buying pressure pushed price toward 3.639, but it has since retraced.
• Volume spiked during the early morning and again in the late afternoon, hinting at recurring market activity.
• RSI and MACD remain neutral, suggesting no strong overbought or oversold bias.
• Bollinger Bands show moderate volatility, with prices trading near the midline.

The USDC/Zloty pair (USDCPLN) opened at 3.637 on 2026-01-17 at 12:00 ET, reached a high of 3.639, traded as low as 3.632, and closed at 3.637 on 2026-01-18 at 12:00 ET. Total volume was 820,064.0, with notional turnover of 2,953,159.5.

Structure & Formations

Price action shows a tight trading range within a 7-pip window, centered around 3.635–3.637. A bullish engulfing pattern formed early in the morning, followed by a potential bearish counter-trend formation in the evening. These mixed signals suggest an indecisive market, with support likely at 3.632 and resistance near 3.639.

Moving Averages

On the 5-minute chart, the 20-period and 50-period moving averages are closely aligned, hovering near 3.636–3.637, suggesting a consolidation phase. Price remains above both, hinting at a potential bias toward bullish continuation if it holds above 3.635.

MACD & RSI

MACD is in a narrow, consolidating range, with a weak positive divergence early morning and no clear momentum direction. RSI remains in neutral territory around 50, with no signs of overbought (above 70) or oversold (below 30) conditions, indicating a market in balance.

Bollinger Bands

Bollinger Bands show a moderate widening, reflecting increased volatility during key trading hours. Price has spent most of the day within the bands, with a brief touch near the upper band in the early morning. A sustained break above or below the bands could indicate a shift in trend.

Volume & Turnover

Volume saw two notable spikes: once in the early morning (around 00:15–00:45 ET) and again in the late afternoon (07:45–08:15 ET), coinciding with price increases. These periods also saw strong turnover, confirming price movements rather than signaling divergences.

Fibonacci Retracements

On the 5-minute chart, key retracement levels from the 3.632 to 3.639 swing suggest 3.635 (38.2%) and 3.636 (61.8%) as potential pivot zones. Price has tested both levels multiple times, with 3.636 acting as a key consolidation point.

While the current range-bound action suggests a lack of strong directional bias, a sustained break above 3.639 could attract more buyers. However, increased volume and volatility could also signal a potential reversal. Investors should remain cautious and watch for a breakout or breakdown in the next 24 hours.