Image of EDC
EDCEdcoin
$0.008400
-3.99%
1D

Edcoin Analysis

Investment Score
A quick view into Edcoin's investment prospects.
8.2

Trend and momentum are aligned, and the current chart still offers a constructive buy setup.

What is helping
  • The current level still offers a favorable reward-to-risk profile.
  • Squeeze Breakout Setup: Bollinger Bands are historically compressed and price is above EMA50, suggesting an expansion move may be underway.
Main risks
  • Price is trading below the volume-weighted average, which suggests the move is losing volume-backed support.
  • Trend Exhaustion Risk: Price is more than 5% extended above EMA50, increasing the risk of a pullback or mean-reversion dip.
Market State Summary
Current regime
Bull Quiet
Confidence: 72%
Why this state?
  • EDC is above SMA50
  • SMA50 is below SMA200
  • SMA50 slope is positive over the last 10 days
  • 30-day return is positive
  • ATR volatility is below the 60th percentile of its trailing 180-day history
Suggested strategy

In the current Bull Quiet regime, the best-fit approach is Trend following / buy dips. Trend conditions are constructive and volatility is contained, which usually favors following the move higher and looking for pullbacks instead of fading strength.

Trend
Bullish
EDC is trading above key moving averages and the medium-term trend is still rising.
Momentum
Neutral
RSI is 51.85, which is neither overbought nor oversold.
Volatility
Quiet
EDC ATR volatility is below the 60th percentile of its trailing 180-day history.
Key Levels
Resistance zone
$0.009416 - $0.01004
Support zone
$0.007950 - $0.008699
Chart Patterns
SMA50
SMA100
SMA200
RSI
Neutral
MACD
Bearish
ATR%
Quiet
Volume
Average
Support & Resistance

Edcoin 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
$0.007950 - $0.008699
Resistance zone
$0.009416 - $0.01004
Active zone
--
Levels Table
LevelZoneStrength
Support 1$0.007950 - $0.008699
Support 2$0.006433 - $0.007286
Support 3$0.003269 - $0.004989
Resistance 1$0.009416 - $0.01004
Resistance 2$0.01367 - $0.01430
Resistance 3$0.01431 - $0.01494
Resistance 4$0.01611 - $0.01861
Scenario Analysis
Bullish scenario

EDC clears the resistance zone at $0.009416 - $0.01004 and holds above it. That would strengthen the breakout case and shift attention to $0.01367 - $0.01430.

Bearish scenario

EDC loses the support zone at $0.007950 - $0.008699. That would weaken the setup and open the way toward $0.006433 - $0.007286.

Neutral scenario

EDC continues trading between $0.008699 and $0.009416. 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
$0.008216
Bullish
EDC is trading above the 50-day average.
SMA200
$0.01007
Bearish
EDC remains below the long-term trend line.
EMA50
$0.008081
Bullish
EDC is holding above the 50-day exponential average, which supports the recent trend.
EMA200
$0.01030
Bearish
EDC is below the 200-day exponential average, which keeps the longer-term structure under pressure.
RSI (14)
51.85
Neutral
RSI (14) is at 51.85, which keeps momentum in a balanced range.
Stoch RSI (14)
23.02
Neutral
Stoch RSI (14) is at 23.02, which suggests momentum is active but not yet extreme.
MACD
0.0001563
Bearish
MACD is below its signal line.
ATR
5.51%
Quiet
Volatility is below its 180-day median.
VWMA
$0.008930
Bearish
Price is below the volume-weighted average.
Commodity Channel Index (20)
-93.09
Neutral
CCI (20) is at -93.09, which keeps price relatively close to its recent average.
Awesome Oscillator (5, 34)
$0.0001670
Bullish
Awesome Oscillator is above zero at $0.0001670, which supports bullish momentum.
Williams Percent Range (14)
-59.82
Neutral
Williams Percent Range (14) is at -59.82, which keeps price in the middle of its recent range.
Bull Bear Power (13)
$-0.0001756
Bearish
Bull Bear Power (13) is negative at $-0.0001756, which suggests sellers are controlling price relative to the EMA baseline.
Ultimate Oscillator (7, 14, 28)
43.93
Neutral
Ultimate Oscillator is at 43.93, which suggests momentum is balanced across its short, medium, and long windows.
Hull Moving Average (9)
$0.008575
Bullish
EDC is trading above the Hull Moving Average (9), which supports the near-term trend.
Ichimoku Cloud B/L (9, 26, 52, 26)
$0.008376
Bullish
EDC is trading above the Ichimoku base line, which supports bullish structure.
Assets Similar to Edcoin

Over the past 7 days, Edcoin price was most positively correlated with the price of Bitcoin (BTC), Pepe Coin (PEPE), Bitget Token (BGB), Arbitrum (ARB) and Official Trump (TRUMP) and most negatively correlated with the price of JUST (JST), Decred (DCR), TRON (TRX), Sun Token (SUN) and Quant (QNT).

Positively Correlated Currencies
NameCorrelation
Image of BitcoinBitcoin0.999
Image of Pepe CoinPepe Coin0.835
Image of Bitget TokenBitget Token0.801
Image of ArbitrumArbitrum0.800
Image of Official TrumpOfficial Trump0.787
Negatively Correlated Currencies
NameCorrelation
Image of JUSTJUST-0.345
Image of DecredDecred-0.311
Image of TRONTRON-0.283
Image of Sun TokenSun Token-0.091
Image of QuantQuant-0.065

Edcoin price is positively correlated with the top 10 coins by market cap with a price of 0.478, excluding Tether (USDT) and positively correlated with the top 100 coins by market cap excluding all stablecoins with a price of 0.403. Currencies that are positively correlated with Edcoin 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 Edcoin, a move in one direction for Edcoin would translate into a move in the opposite direction for the negatively correlated coin.

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