Market Overview: Vanar Chain/USDC (VANRYUSDC) on 2025-12-17

Generated by AI AgentAinvest Crypto Technical RadarReviewed byAInvest News Editorial Team
Wednesday, Dec 17, 2025 12:58 am ET1min read
VANRY
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USDC
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Aime RobotAime Summary

- Vanar Chain/USDC (VANRYUSDC) formed a bearish consolidation pattern between $0.0082-$0.0085 amid declining prices and lower highs.

- Early ET volume spiked but failed to break resistance, while RSI remained neutral (50-60) with no overbought/oversold signals.

- MACD showed weakening bearish momentum with narrowing histogram, and Bollinger Bands indicated contained volatility without expansion.

- Fibonacci retracements highlight $0.0082 as key support; a breakdown could trigger deeper correction, while a rebound may test $0.0083 resistance.

Summary
• Price drifted down with minimal volatility, forming a bearish consolidation pattern.
• Volume spiked during early ET hours but failed to break above key resistance.
• RSI remains neutral, suggesting no immediate overbought/oversold signals.

Vanar Chain/USDC (VANRYUSDC) opened at $0.0085 on 2025-12-16 12:00 ET, reached a high of $0.0085, hit a low of $0.0082, and closed at $0.0082 as of 2025-12-17 12:00 ET. Total volume was 3,028,614, and turnover was $24,773.

Structure & Formations


The 24-hour period saw a steady decline with a series of lower highs and lower closes. A bearish consolidation pattern developed between $0.0083 and $0.0085, with support forming near $0.0082. A small bearish engulfing pattern appeared in the late evening hours as price broke below the consolidation range.

Moving Averages


Short-term 20 and 50-period moving averages on the 5-minute chart show a downward bias, indicating ongoing bearish pressure. Daily MAs remain neutral, though the 50-period appears to be forming a potential support level for the asset.

MACD & RSI


MACD remains negative with a narrowing histogram, suggesting weakening bearish momentum. RSI hovered between 50 and 60 for most of the period, signaling neutral conditions with no clear overbought or oversold readings.

Bollinger Bands


Price action remained within the Bollinger Band range, with no significant volatility expansion observed. A contraction occurred during midday, followed by a gradual widening in the evening as bearish pressure intensified.

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Volume & Turnover


Volume surged in the early ET hours, particularly between 00:00 and 01:00 ET, but failed to produce a directional breakout. Turnover showed a corresponding increase during this window, confirming the elevated interest but not a significant price move.

Fibonacci Retracements


Key retracement levels for the 5-minute chart suggest potential support at $0.0083 and $0.0082, aligning with recent lows. A test of the 61.8% level at $0.0083 could signal a possible bounce or continuation lower depending on volume.

The market may find clarity in the coming 24 hours as price tests the $0.0082 level, with potential for a short-term rebound if support holds. Investors should remain cautious of potential breakdowns below this level, which could signal a deeper correction.