Image of CDN
CDNCanada eCoin
$0.004670
-13.65%
1D

Canada eCoin Analysis

Investment Score
A quick view into Canada eCoin's investment prospects.
5.0

The chart is mixed right now, so patience is justified unless a better entry appears.

What is helping
  • MACD is confirming the current directional bias.
  • Price is holding above the volume-weighted average, which suggests the move still has volume-backed support.
Main risks
  • ATR percentile is elevated, which signals a noisier market and a higher chance of sharp swings.
  • The higher-timeframe trend is still working against fresh longs.
Market State Summary
Current regime
Bear Volatile
Confidence: 68%
Why this state?
  • CDN is below SMA50
  • SMA50 is above SMA200
  • SMA50 slope is negative over the last 10 days
  • 30-day return is negative
  • ATR volatility is above the 60th percentile of its trailing 180-day history
Suggested strategy

In the current Bear Volatile regime, the best-fit approach is Capital preservation / avoid chasing reversals. Downtrend pressure is being reinforced by unstable price action, which makes capital preservation and patience more important than trying to catch sharp countertrend moves.

Trend
Bearish
CDN is trading below key moving averages and the medium-term trend is still weakening.
Momentum
Neutral
RSI is 48.04, which is neither overbought nor oversold.
Volatility
Volatile
CDN ATR volatility is above the 60th percentile of its trailing 180-day history.
Key Levels
Resistance zone
$0.005703 - $0.006679
Active zone
$0.004177 - $0.005622
Support zone
$0.003024 - $0.004107
Chart Patterns
SMA50
SMA100
SMA200
RSI
Neutral
MACD
Bullish
ATR%
Volatile
Volume
Low
Support & Resistance

Canada eCoin support and resistance levels highlight key price zones where buyers and sellers are most active. This section helps identify likely breakout areas, pullback support, overhead resistance, and the current trading range so you can evaluate trend continuation, reversal risk, and near-term crypto price direction.

Support zone
$0.003024 - $0.004107
Resistance zone
$0.005703 - $0.006679
Active zone
$0.004177 - $0.005622
Levels Table
LevelZoneStrength
Support 1$0.003024 - $0.004107
Resistance 1$0.005703 - $0.006679
Resistance 2$0.006742 - $0.008278
Active 1$0.004177 - $0.005622
Scenario Analysis
Bullish scenario

CDN clears the resistance zone at $0.005703 - $0.006679 and holds above it. That would strengthen the breakout case and shift attention to $0.006742 - $0.008278.

Bearish scenario

CDN loses the support zone at $0.003024 - $0.004107. That would weaken the setup and open the way toward $0.003024 - $0.004107.

Neutral scenario

CDN continues trading between $0.004107 and $0.005703. In that case, range-trading conditions remain active.

Technical Indicators

Technical indicators help summarize trend, momentum, volatility, and key price levels. They should not be used in isolation, but they can help identify whether a coin is trending, ranging, overextended, or approaching an important support or resistance level.

IndicatorValueSignalInterpretation
SMA50
$0.005489
Bearish
CDN is trading below the 50-day average.
SMA200
$0.005076
Bearish
CDN remains below the long-term trend line.
EMA50
$0.005115
Bearish
CDN is trading below the 50-day exponential average, which weakens the recent trend.
EMA200
$0.005043
Bearish
CDN is below the 200-day exponential average, which keeps the longer-term structure under pressure.
RSI (14)
48.04
Neutral
RSI (14) is at 48.04, which keeps momentum in a balanced range.
Stoch RSI (14)
70.30
Neutral
Stoch RSI (14) is at 70.30, which suggests momentum is active but not yet extreme.
MACD
-0.0003516
Bullish
MACD is above its signal line.
ATR
11.64%
Volatile
Volatility is above its 180-day median.
VWMA
$0.004155
Bullish
Price is above the volume-weighted average.
Commodity Channel Index (20)
3.41
Neutral
CCI (20) is at 3.41, which keeps price relatively close to its recent average.
Awesome Oscillator (5, 34)
$-0.001039
Bearish
Awesome Oscillator is below zero at $-0.001039, which supports bearish momentum.
Williams Percent Range (14)
-51.39
Neutral
Williams Percent Range (14) is at -51.39, which keeps price in the middle of its recent range.
Bull Bear Power (13)
$0.0004346
Bullish
Bull Bear Power (13) is positive at $0.0004346, which suggests buyers are controlling price relative to the EMA baseline.
Ultimate Oscillator (7, 14, 28)
35.68
Neutral
Ultimate Oscillator is at 35.68, which suggests momentum is balanced across its short, medium, and long windows.
Hull Moving Average (9)
$0.005084
Bearish
CDN is trading below the Hull Moving Average (9), which weakens the near-term trend.
Ichimoku Cloud B/L (9, 26, 52, 26)
$0.005513
Bearish
CDN is trading below the Ichimoku base line, which points to weaker structure.
Assets Similar to Canada eCoin

Over the past 7 days, Canada eCoin price was most positively correlated with the price of Ethereum (ETH), Monero (XMR), BitTorrent (BTT), JUST (JST) and Gnosis (GNO) and most negatively correlated with the price of Aptos (APT), Cosmos (ATOM), Polkadot (DOT), Celestia (TIA) and Trust Wallet Token (TWT).

Positively Correlated Currencies
NameCorrelation
Image of EthereumEthereum0.742
Image of MoneroMonero0.669
Image of BitTorrentBitTorrent0.662
Image of JUSTJUST0.573
Image of GnosisGnosis0.518
Negatively Correlated Currencies
NameCorrelation
Image of AptosAptos-0.680
Image of CosmosCosmos-0.603
Image of PolkadotPolkadot-0.585
Image of CelestiaCelestia-0.544
Image of Trust Wallet TokenTrust Wallet Token-0.535

Canada eCoin price is negatively correlated with the top 10 coins by market cap with a price of -0.404, excluding Tether (USDT) and negatively correlated with the top 100 coins by market cap excluding all stablecoins with a price of -0.157. Currencies that are positively correlated with Canada eCoin indicate that the movement of one has a statistically significant weight to lead the other in the same direction. For currencies that are negatively correlated with Canada eCoin, a move in one direction for Canada eCoin would translate into a move in the opposite direction for the negatively correlated coin.

The CoinCheckup Cryptocurrency Price Tracker
Track over 40,000 crypto prices in real-time with ease.
Google Play Store link
4.3 • 10,000+ Ratings
Image of mobile app