USDC -9.6% in 24 Hours Amid Market Volatility

On SEP 18 2025, USDC rose by 9.6% within 24 hours to reach $5.3168, USDC dropped by 106.22% within 7 days, dropped by 273.93% within 1 month, and dropped by 186.18% within 1 year.

The recent 24-hour surge in USDC came amid broader uncertainty in the stablecoin sector. Following an unexpected decline in the token’s peg strength, several custodians announced adjustments to liquidity reserves, reinforcing market confidence in short-term value stability. The one-day increase marked a modest reversal against the longer-term trend, which has seen USDC depreciate significantly across multiple timeframes. This sharp divergence between daily and weekly performance has drawn attention from institutional observers who monitor stablecoin market dynamics.

Technical indicators suggest a period of consolidation is emerging after months of sharp depreciation. The 50-day and 200-day moving averages have crossed below key support levels, signaling potential bearish momentum. However, the 24-hour price rebound aligns with the emergence of a narrow trading range, suggesting short-term volatility may be stabilizing. Analysts project that the coin's behavior in the coming days could provide early clues about the trajectory of its broader recovery.

The coin has been closely watched as a benchmark for algorithmic stablecoin behavior, particularly following adjustments in collateralization ratios and reserve management policies. These changes were introduced to mitigate depegging risks and restore trust in the token’s long-term viability. Market observers have noted that these structural updates have not yet translated into sustained bullish momentum but have contributed to short-term price resilience.

Backtest Hypothesis

A proposed backtesting strategy focuses on leveraging the recent price rebound as a potential reversal signal. The approach involves identifying short-term overbought conditions using the RSI and confirming them with volume divergence. The strategy would then trigger a long position on a breakout above the 50-day moving average, with a stop-loss placed below the previous week’s low. The goal is to capture potential upward momentum in the next phase of consolidation.