Image of EDN
EDNEden
$0.00008890
-0.37%
1D

Eden Analysis

Investment Score
A quick view into Eden's investment prospects.
3.9

The setup lacks strong confirmation and carries enough risk to justify caution at current levels.

What is helping
  • MACD is confirming the current directional bias.
  • Value Area Re-test: Price is trading below the lower Bollinger Band, historically a mean-reversion opportunity when broader trend support holds.
Main risks
  • The higher-timeframe trend is still working against fresh longs.
  • Price is trading below the volume-weighted average, which suggests the move is losing volume-backed support.
Market State Summary
Current regime
Bear Quiet
Confidence: 95%
Why this state?
  • EDN is below SMA50
  • SMA50 is below SMA200
  • SMA50 slope is negative over the last 10 days
  • 30-day return is negative
  • ATR volatility is below the 60th percentile of its trailing 180-day history
Suggested strategy

In the current Bear Quiet regime, the best-fit approach is Stay defensive and wait for confirmation. The market is weak without panic-level volatility, which usually argues for staying defensive, avoiding aggressive entries, and waiting for clearer evidence of a reversal.

Trend
Bearish
EDN is trading below key moving averages and the medium-term trend is still weakening.
Momentum
Oversold
RSI is 0.7200, which points to stretched downside momentum.
Volatility
Quiet
EDN ATR volatility is below the 60th percentile of its trailing 180-day history.
Key Levels
Resistance zone
$0.00008974 - $0.00009064
Support zone
$0.00008713 - $0.00008890
Chart Patterns
SMA50
SMA100
SMA200
RSI
Oversold
MACD
Bullish
ATR%
Quiet
Volume
High
Support & Resistance

Eden 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
$0.00008713 - $0.00008890
Resistance zone
$0.00008974 - $0.00009064
Active zone
--
Levels Table
LevelZoneStrength
Support 1$0.00008713 - $0.00008890
Resistance 1$0.00008974 - $0.00009064
Resistance 2$0.00009318 - $0.00009326
Resistance 3$0.0001018 - $0.0001018
Resistance 4$0.0001039 - $0.0001039
Scenario Analysis
Bullish scenario

EDN clears the resistance zone at $0.00008974 - $0.00009064 and holds above it. That would strengthen the breakout case and shift attention to $0.00009318 - $0.00009326.

Bearish scenario

EDN loses the support zone at $0.00008713 - $0.00008890. That would weaken the setup and open the way toward $0.00008713 - $0.00008890.

Neutral scenario

EDN continues trading between $0.00008890 and $0.00008974. 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
$0.00009086
Bearish
EDN is trading below the 50-day average.
SMA200
$0.0001492
Bearish
EDN remains below the long-term trend line.
EMA50
$0.00009507
Bearish
EDN is trading below the 50-day exponential average, which weakens the recent trend.
EMA200
$0.0001748
Bearish
EDN is below the 200-day exponential average, which keeps the longer-term structure under pressure.
RSI (14)
0.7200
Oversold
RSI (14) is depressed at 0.7200, which suggests downside momentum may be getting exhausted.
Stoch RSI (14)
0.00
Oversold
Stoch RSI (14) is low at 0.00, which shows momentum is pressing near its recent lower extreme.
MACD
-8.470e-7
Bullish
MACD is above its signal line.
ATR
0.08949%
Quiet
Volatility is below its 180-day median.
VWMA
$0.00008959
Bearish
Price is below the volume-weighted average.
Commodity Channel Index (20)
-167.95
Bearish
CCI (20) is weak at -167.95, which shows price is trading well below its recent average.
Awesome Oscillator (5, 34)
$-8.885e-7
Bearish
Awesome Oscillator is below zero at $-8.885e-7, which supports bearish momentum.
Williams Percent Range (14)
-98.19
Oversold
Williams Percent Range (14) is near the bottom of its recent range at -98.19.
Bull Bear Power (13)
$-4.735e-7
Bearish
Bull Bear Power (13) is negative at $-4.735e-7, which suggests sellers are controlling price relative to the EMA baseline.
Ultimate Oscillator (7, 14, 28)
4.26
Oversold
Ultimate Oscillator is weak at 4.26, which suggests multi-timeframe downside momentum may be stretched.
Hull Moving Average (9)
$0.00008899
Bearish
EDN is trading below the Hull Moving Average (9), which weakens the near-term trend.
Ichimoku Cloud B/L (9, 26, 52, 26)
$0.00008974
Bearish
EDN is trading below the Ichimoku base line, which points to weaker structure.
Assets Similar to Eden

Over the past 7 days, Eden price was most positively correlated with the price of LEO Token (LEO), Injective (INJ), Polygon Ecosystem Token (POL), Pudgy Penguins (PENGU) and Pump.fun (PUMP) and most negatively correlated with the price of Trust Wallet Token (TWT), Curve DAO Token (CRV), Arbitrum (ARB), Uniswap (UNI) and JUST (JST).

Positively Correlated Currencies
NameCorrelation
Image of LEO TokenLEO Token0.834
Image of InjectiveInjective0.777
Image of Polygon Ecosystem TokenPolygon Ecosystem Token0.746
Image of Pudgy PenguinsPudgy Penguins0.735
Image of Pump.funPump.fun0.729
Negatively Correlated Currencies
NameCorrelation
Image of Trust Wallet TokenTrust Wallet Token-0.856
Image of Curve DAO TokenCurve DAO Token-0.832
Image of ArbitrumArbitrum-0.816
Image of UniswapUniswap-0.812
Image of JUSTJUST-0.800

Eden price is negatively correlated with the top 10 coins by market cap with a price of -0.430, excluding Tether (USDT) and negatively correlated with the top 100 coins by market cap excluding all stablecoins with a price of -0.177. Currencies that are positively correlated with Eden 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 Eden, a move in one direction for Eden would translate into a move in the opposite direction for the negatively correlated coin.

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