Image of ELON
ELONEchelon (EchelonMarket)
$0.06436
-0.05%
1D

Echelon (EchelonMarket) Analysis

Investment Score
A quick view into Echelon (EchelonMarket)'s investment prospects.
7.0

The asset looks technically constructive, but the current entry quality is not perfect.

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.
  • Price is too close to resistance relative to nearby support.
Market State Summary
Current regime
Bull Volatile
Confidence: 95%
Why this state?
  • ELON is above SMA50
  • SMA50 is above SMA200
  • SMA50 slope is positive over the last 10 days
  • 30-day return is positive
  • ATR volatility is above the 60th percentile of its trailing 180-day history
Suggested strategy

In the current Bull Volatile regime, the best-fit approach is Follow the trend, but tighten risk control. The broader trend is still bullish, but price swings are wider and less forgiving, so the upside bias remains intact while execution and risk control need to be tighter.

Trend
Bullish
ELON is trading above key moving averages and the medium-term trend is still rising.
Momentum
Neutral
RSI is 64.08, which is neither overbought nor oversold.
Volatility
Volatile
ELON ATR volatility is above the 60th percentile of its trailing 180-day history.
Key Levels
Resistance zone
$0.06437 - $0.07323
Support zone
$0.04705 - $0.05250
Chart Patterns
SMA50
SMA100
SMA200
RSI
Neutral
MACD
Bullish
ATR%
Volatile
Volume
Low
Support & Resistance

Echelon (EchelonMarket) 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
$0.04705 - $0.05250
Resistance zone
$0.06437 - $0.07323
Active zone
--
Levels Table
LevelZoneStrength
Support 1$0.04705 - $0.05250
Resistance 1$0.06437 - $0.07323
Scenario Analysis
Bullish scenario

ELON clears the resistance zone at $0.06437 - $0.07323 and holds above it. That would strengthen the breakout case and shift attention to $0.06437 - $0.07323.

Bearish scenario

ELON loses the support zone at $0.04705 - $0.05250. That would weaken the setup and open the way toward $0.04705 - $0.05250.

Neutral scenario

ELON continues trading between $0.05250 and $0.06437. 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
$0.03695
Bullish
ELON is trading above the 50-day average.
SMA200
$0.009238
Bullish
ELON remains above the long-term trend line.
EMA50
$0.04109
Bullish
ELON is holding above the 50-day exponential average, which supports the recent trend.
EMA200
$0.04078
Bullish
ELON is above the 200-day exponential average, which keeps the longer-term structure constructive.
RSI (14)
64.08
Neutral
RSI (14) is at 64.08, which keeps momentum in a balanced range.
Stoch RSI (14)
9.32
Oversold
Stoch RSI (14) is low at 9.32, which shows momentum is pressing near its recent lower extreme.
MACD
0.007830
Bullish
MACD is above its signal line.
ATR
10.58%
Volatile
Volatility is above its 180-day median.
VWMA
$0.04378
Bullish
Price is above the volume-weighted average.
Commodity Channel Index (20)
71.59
Neutral
CCI (20) is at 71.59, which keeps price relatively close to its recent average.
Awesome Oscillator (5, 34)
$0.01614
Bullish
Awesome Oscillator is above zero at $0.01614, which supports bullish momentum.
Williams Percent Range (14)
-61.59
Neutral
Williams Percent Range (14) is at -61.59, which keeps price in the middle of its recent range.
Bull Bear Power (13)
$0.002896
Bullish
Bull Bear Power (13) is positive at $0.002896, which suggests buyers are controlling price relative to the EMA baseline.
Ultimate Oscillator (7, 14, 28)
48.75
Neutral
Ultimate Oscillator is at 48.75, which suggests momentum is balanced across its short, medium, and long windows.
Hull Moving Average (9)
$0.06629
Bearish
ELON is trading below the Hull Moving Average (9), which weakens the near-term trend.
Ichimoku Cloud B/L (9, 26, 52, 26)
$0.06528
Bearish
ELON is trading below the Ichimoku base line, which points to weaker structure.
Assets Similar to Echelon (EchelonMarket)

Over the past 7 days, Echelon (EchelonMarket) price was most positively correlated with the price of Plasma (XPL), Ondo Finance (ONDO), Morpho (MORPHO), Litecoin (LTC) and PancakeSwap (CAKE) and most negatively correlated with the price of Bitget Token (BGB), LEO Token (LEO), XDC Network (XDC), Decred (DCR) and Pump.fun (PUMP).

Positively Correlated Currencies
NameCorrelation
Image of PlasmaPlasma0.763
Image of Ondo FinanceOndo Finance0.674
Image of MorphoMorpho0.603
Image of LitecoinLitecoin0.593
Image of PancakeSwapPancakeSwap0.581
Negatively Correlated Currencies
NameCorrelation
Image of Bitget TokenBitget Token-0.519
Image of LEO TokenLEO Token-0.508
Image of XDC NetworkXDC Network-0.184
Image of DecredDecred-0.176
Image of Pump.funPump.fun-0.170

Echelon (EchelonMarket) price is positively correlated with the top 10 coins by market cap with a price of 0.236, excluding Tether (USDT) and positively correlated with the top 100 coins by market cap excluding all stablecoins with a price of 0.219. Currencies that are positively correlated with Echelon (EchelonMarket) 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 Echelon (EchelonMarket), a move in one direction for Echelon (EchelonMarket) would translate into a move in the opposite direction for the negatively correlated coin.

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