Deep Dive
1. Profit-Taking After Rally (Bearish Impact)
Overview: EPIC gained 154% over 90 days, peaking at $2.95 in August 2025. The 24h drop aligns with a retracement to the 38.2% Fibonacci level ($2.55), a common profit-taking zone after parabolic moves.
What this means: Traders often liquidate positions after rapid gains, especially when prices approach psychological resistance levels. The lack of fresh catalysts (e.g., exchange listings or partnerships) in the past week reduced buying pressure.
What to watch: Holding the 50% Fib level ($2.43) could signal stabilization. A close below $2.00 may trigger deeper corrections.
2. Technical Breakdown (Bearish Impact)
Overview: EPIC’s price ($2.07) fell below its 30-day SMA ($2.25) and 7-day EMA ($2.14). The RSI-14 at 46.25 suggests neutral-to-bearish momentum, while the MACD histogram (+0.014) shows weakening bullish divergence.
What this means: Breaking below moving averages often attracts algorithmic selling. The RSI’s failure to hold above 50 indicates fading upward momentum, aligning with the broader crypto market’s pullback.
3. Liquidity Crunch (Mixed Impact)
Overview: EPIC’s 24h volume plunged to $14M (-45.8% vs. prior day), with a turnover ratio of 0.226—indicating thin markets prone to exaggerated swings.
What this means: Low liquidity magnifies price moves, as fewer buyers exist to absorb sell orders. This is common in mid-cap altcoins like EPIC, where large trades disproportionately impact prices.
4. RWA Narrative Fatigue (Neutral Impact)
Overview: Despite launching its RWA Superstructure (August 6) and migrating to XRP Ledger (August 17), EPIC’s TVL remains low at $448K, per a Bitrue analysis.
What this means: Initial excitement around real-world asset tokenization has cooled, shifting focus to adoption metrics. Until EPIC demonstrates measurable growth in tokenized assets or partnerships, speculative demand may stay muted.
Conclusion
EPIC’s decline reflects profit-taking after a multi-month rally, technical breakdowns, and sector-specific sentiment shifts. While the RWA narrative retains long-term potential, short-term traders are likely awaiting clearer signals of ecosystem traction.
Key watch: Can EPIC hold the $2.00 support level, or will declining volume extend losses? Monitor on-chain activity (e.g., TVL, staking rates) for signs of renewed utility-driven demand.