Circle Internet Group Inc Tokenized Stock (CRCL) seems to be on track to recover following its technical support around the $57 mark, while at the same time, the renewed increase in the market cap of USDC adds to its bullish prospects.
At the time of writing, CRCL is trading at $91.74, with a 24-hour trading volume of $202.39 million. The stock has declined 1.03% over the last 24 hours, showing some short-term selling pressure after its recent recovery.
Circle Stock CRCL Finds Key Support
On September 10, 2026, a crypto analyst, MaarTunn, discussed the current performance of Circle’s stock, observing that the stock CRCL has found solid technical support at the $57 price level. It should be noted that the increased capitalization of USDC is one more reason why Circle is growing.
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Circle Acquires Tazapay to Expand USDC Cross-Border Payments
The recovery of the CRCL stock is also happening while Circle builds its payments infrastructure. As reported by IPO Newsroom, on September 8, 2026, Circle signed an agreement to acquire a Singapore-based B2B payments company called Tazapay.
Tazapay is a cross-border payment company that handles transactions totaling above $25 billion annually in terms of payment volume. The company offers payout services in over 100 markets and partners with over 60 banks and fintech companies.
Amongst some of the major factors in the deal is the adoption of stablecoins by Tazapay. About 60% of Tazapay’s transactions are connected with the use of stablecoins, hence making it possible for Circle to increase USDC adoption.
This acquisition may enable Circle to expand its footprint in the Asia-Pacific market and other emerging markets. Through the merger of Circle’s ecosystem with the payment network of Tazapay, Circle will find it easy to integrate USDC payments for cross-border transactions.
Details of the financial agreement were not released. The deal is set to close by 2027.
CRCL Price Tests Long-Term Resistance
From a technical viewpoint, CRCL continues to trade above a number of major exponential moving averages (EMAs), indicating that the recent rally has not been broken completely yet.
Currently, CRCL trades above the 20-day EMA, which stands at $88.08, and the 50-day EMA, which equals $81.88. Moreover, the security continues to be located above its 100-day EMA at $83.74.
It should be mentioned that CRCL continues to trade below its 200-day EMA at $95.44. This level might act as a crucial resistance area if the rally is maintained further.
The RSI currently trades at 56.21 levels, while the signal line is located at 64.78. Considering the RSI remains above the neutral level of 50, we may speak about buying strength, although the latest downward movement signals a loss of momentum.
A rise above the 60 level of the RSI can be regarded as an opportunity to test the 200-day EMA again. However, should the RSI fall below the level of 50, we will have to consider a drop in momentum.
CRCL Price Targets $95 as Circle Stock Holds Key EMAs
For now, CRCL’s capability to stay above its EMAs of relatively short timeframes, together with Circle’s ongoing development of the infrastructure for USDC-based payments, makes the recovery scenario a focal point. An interesting level to monitor is that of $95.44, considering the company’s plan to acquire Tazapay in 2027.
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This article contains market analysis and price predictions. These are not guarantees. Crypto markets are volatile. Always DYOR. Not financial advice.
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