Image of EDA
EDAEda
$0.00004699
11.13%
1D

Eda Analysis

Investment Score
A quick view into Eda's investment prospects.
6.4

The setup has a mild positive bias, but the reward-to-risk is not clean enough to be aggressive.

What is helping
  • High Conviction Breakout: Price recently crossed above the 50-day average and VWMA is confirming, suggesting accumulation-backed momentum.
  • Price is trading above the Hull Moving Average (9), which keeps the near-term trend supportive.
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?
  • EDA 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
EDA is trading above key moving averages and the medium-term trend is still rising.
Momentum
Neutral
RSI is 34.54, which is neither overbought nor oversold.
Volatility
Volatile
EDA ATR volatility is above the 60th percentile of its trailing 180-day history.
Key Levels
Resistance zone
$0.00005437 - $0.00006407
Active zone
$0.0₅6793 - $0.00004198
Support zone
$0.00 - $0.0₅5994
Chart Patterns
SMA50
SMA100
SMA200
RSI
Neutral
MACD
Bearish
ATR%
Volatile
Volume
Average
Support & Resistance

Eda 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
$0.00 - $0.0₅5994
Resistance zone
$0.00005437 - $0.00006407
Active zone
$0.0₅6793 - $0.00004198
Levels Table
LevelZoneStrength
Support 1$0.00 - $0.0₅5994
Resistance 1$0.00005437 - $0.00006407
Resistance 2$0.00007536 - $0.00008505
Active 1$0.0₅6793 - $0.00004198
Scenario Analysis
Bullish scenario

EDA clears the resistance zone at $0.00005437 - $0.00006407 and holds above it. That would strengthen the breakout case and shift attention to $0.00007536 - $0.00008505.

Bearish scenario

EDA loses the support zone at $0.00 - $0.0₅5994. That would weaken the setup and open the way toward $0.00 - $0.0₅5994.

Neutral scenario

EDA continues trading between $0.0₅5994 and $0.00005437. 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
$0.00003724
Bullish
EDA is trading above the 50-day average.
SMA200
$0.00001024
Bullish
EDA remains above the long-term trend line.
EMA50
$0.00004239
Bearish
EDA is trading below the 50-day exponential average, which weakens the recent trend.
EMA200
$0.00001830
Bullish
EDA is above the 200-day exponential average, which keeps the longer-term structure constructive.
RSI (14)
34.54
Neutral
RSI (14) is at 34.54, which keeps momentum in a balanced range.
Stoch RSI (14)
9.43
Oversold
Stoch RSI (14) is low at 9.43, which shows momentum is pressing near its recent lower extreme.
MACD
-0.000002921
Bearish
MACD is below its signal line.
ATR
25.81%
Volatile
Volatility is above its 180-day median.
VWMA
$0.00006509
Bearish
Price is below the volume-weighted average.
Commodity Channel Index (20)
-99.67
Neutral
CCI (20) is at -99.67, which keeps price relatively close to its recent average.
Awesome Oscillator (5, 34)
$-0.00001382
Bearish
Awesome Oscillator is below zero at $-0.00001382, which supports bearish momentum.
Williams Percent Range (14)
-91.58
Oversold
Williams Percent Range (14) is near the bottom of its recent range at -91.58.
Bull Bear Power (13)
$-0.000008791
Bearish
Bull Bear Power (13) is negative at $-0.000008791, which suggests sellers are controlling price relative to the EMA baseline.
Ultimate Oscillator (7, 14, 28)
18.55
Oversold
Ultimate Oscillator is weak at 18.55, which suggests multi-timeframe downside momentum may be stretched.
Hull Moving Average (9)
$0.00002990
Bullish
EDA is trading above the Hull Moving Average (9), which supports the near-term trend.
Ichimoku Cloud B/L (9, 26, 52, 26)
$0.00005693
Bearish
EDA is trading below the Ichimoku base line, which points to weaker structure.
Assets Similar to Eda

Over the past 7 days, Eda price was most positively correlated with the price of Binance Coin (BNB), Sky (SKY), Official Trump (TRUMP), Pepe Coin (PEPE) and Aerodrome Finance (AERO) and most negatively correlated with the price of Beldex (BDX), Tezos (XTZ), Raydium (RAY), Monero (XMR) and BitTorrent (BTT).

Positively Correlated Currencies
NameCorrelation
Image of Binance CoinBinance Coin0.276
Image of SkySky0.245
Image of Official TrumpOfficial Trump0.234
Image of Pepe CoinPepe Coin0.225
Image of Aerodrome FinanceAerodrome Finance0.225
Negatively Correlated Currencies
NameCorrelation
Image of BeldexBeldex-0.198
Image of TezosTezos-0.084
Image of RaydiumRaydium-0.080
Image of MoneroMonero-0.046
Image of BitTorrentBitTorrent-0.028

Eda price is positively correlated with the top 10 coins by market cap with a price of 0.129, excluding Tether (USDT) and positively correlated with the top 100 coins by market cap excluding all stablecoins with a price of 0.113. Currencies that are positively correlated with Eda 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 Eda, a move in one direction for Eda 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