1-Hour Timeframe
📊 USDC/USD 1H Analysis: Stability Maintained 💵
Current USDC Price: ~$1.00. On the 1-hour chart, USDC is trading in a narrow range of $0.9998–$1.0002. RSI (~45) is neutral, and trading volumes ($11.94B in 24h) are stable.
🔑 Key Levels:
Resistance: $1.0005 (upper boundary of the range).
Support: $0.9995 (lower boundary).
📈 Forecast: USDC will remain in the range of $0.9995–$1.0005. High trading volumes indicate strong demand. Stay tuned for news about Circle's IPO! 🏦