Image of EDC
EDCEdcoin
$0.008837
-4.85%
1D

Edcoin Analysis

Investment Score
A quick view into Edcoin's investment prospects.
8.6

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

What is helping
  • MACD is confirming the current directional bias.
  • The current level still offers a favorable reward-to-risk profile.
Main risks
  • Price is trading below the Hull Moving Average (9), which points to weakening short-term momentum.
  • 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: 68%
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 65.71, 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
$0.01360 - $0.01501
Active zone
$0.008777 - $0.009540
Support zone
$0.008005 - $0.008768
Chart Patterns
SMA50
SMA100
SMA200
RSI
Neutral
MACD
Bullish
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
$0.008005 - $0.008768
Resistance zone
$0.01360 - $0.01501
Active zone
$0.008777 - $0.009540
Levels Table
LevelZoneStrength
Support 1$0.008005 - $0.008768
Support 2$0.006510 - $0.007281
Support 3$0.003199 - $0.004970
Support 4$0.001117 - $0.001880
Resistance 1$0.01360 - $0.01501
Resistance 2$0.01613 - $0.01867
Resistance 3$0.02138 - $0.02265
Resistance 4$0.02278 - $0.02428
Active 1$0.008777 - $0.009540
Scenario Analysis
Bullish scenario

EDC clears the resistance zone at $0.01360 - $0.01501 and holds above it. That would strengthen the breakout case and shift attention to $0.01613 - $0.01867.

Bearish scenario

EDC loses the support zone at $0.008005 - $0.008768. That would weaken the setup and open the way toward $0.006510 - $0.007281.

Neutral scenario

EDC continues trading between $0.008768 and $0.01360. 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
$0.006580
Bullish
EDC is trading above the 50-day average.
SMA200
$0.01072
Bearish
EDC remains below the long-term trend line.
EMA50
$0.007085
Bullish
EDC is holding above the 50-day exponential average, which supports the recent trend.
EMA200
$0.01060
Bearish
EDC is below the 200-day exponential average, which keeps the longer-term structure under pressure.
RSI (14)
65.71
Neutral
RSI (14) is at 65.71, which keeps momentum in a balanced range.
Stoch RSI (14)
68.41
Neutral
Stoch RSI (14) is at 68.41, which suggests momentum is active but not yet extreme.
MACD
0.0005995
Bullish
MACD is above its signal line.
ATR
6.50%
Quiet
Volatility is below its 180-day median.
VWMA
$0.007889
Bullish
Price is above the volume-weighted average.
Commodity Channel Index (20)
165.99
Bullish
CCI (20) is strong at 165.99, which shows price is trading well above its recent average.
Awesome Oscillator (5, 34)
$0.001105
Bullish
Awesome Oscillator is above zero at $0.001105, which supports bullish momentum.
Williams Percent Range (14)
-23.12
Neutral
Williams Percent Range (14) is at -23.12, which keeps price in the middle of its recent range.
Bull Bear Power (13)
$0.001048
Bullish
Bull Bear Power (13) is positive at $0.001048, which suggests buyers are controlling price relative to the EMA baseline.
Ultimate Oscillator (7, 14, 28)
60.69
Neutral
Ultimate Oscillator is at 60.69, which suggests momentum is balanced across its short, medium, and long windows.
Hull Moving Average (9)
$0.009702
Bearish
EDC is trading below the Hull Moving Average (9), which weakens the near-term trend.
Ichimoku Cloud B/L (9, 26, 52, 26)
$0.008236
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), Cardano (ADA), Ethereum (ETH), Solana (SOL) and XRP (XRP) and most negatively correlated with the price of JUST (JST), Aster (ASTER), World Liberty Financial (WLFI), Beldex (BDX) and Pendle (PENDLE).

Positively Correlated Currencies
NameCorrelation
Image of BitcoinBitcoin1.000
Image of CardanoCardano0.975
Image of EthereumEthereum0.975
Image of SolanaSolana0.973
Image of XRPXRP0.970
Negatively Correlated Currencies
NameCorrelation
Image of JUSTJUST-0.542
Image of AsterAster-0.424
Image of World Liberty FinancialWorld Liberty Financial-0.354
Image of BeldexBeldex-0.282
Image of PendlePendle-0.116

Edcoin price is positively correlated with the top 10 coins by market cap with a price of 0.718, excluding Tether (USDT) and positively correlated with the top 100 coins by market cap excluding all stablecoins with a price of 0.756. 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.

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