Image of EDE
EDEEl Dorado Exchange
$0.02150
1.06%
1D

El Dorado Exchange Analysis

Investment Score
A quick view into El Dorado Exchange's investment prospects.
6.9

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

What is helping
  • The current level still offers a favorable reward-to-risk profile.
  • 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 trading below the volume-weighted average, which suggests the move is losing volume-backed support.
Market State Summary
Current regime
Bull Volatile
Confidence: 73%
Why this state?
  • EDE is below 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
EDE is trading above key moving averages and the medium-term trend is still rising.
Momentum
Neutral
RSI is 37.26, which is neither overbought nor oversold.
Volatility
Volatile
EDE ATR volatility is above the 60th percentile of its trailing 180-day history.
Key Levels
Resistance zone
$0.02305 - $0.02432
Active zone
$0.01582 - $0.02292
Support zone
$0.01966 - $0.02130
Chart Patterns
SMA50
SMA100
SMA200
RSI
Neutral
MACD
Bearish
ATR%
Volatile
Volume
Average
Support & Resistance

El Dorado Exchange 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
$0.01966 - $0.02130
Resistance zone
$0.02305 - $0.02432
Active zone
$0.01582 - $0.02292
Levels Table
LevelZoneStrength
Support 1$0.01966 - $0.02130
Resistance 1$0.02305 - $0.02432
Resistance 2$0.02446 - $0.02707
Resistance 3$0.02718 - $0.03080
Resistance 4$0.03218 - $0.03493
Active 1$0.01582 - $0.02292
Scenario Analysis
Bullish scenario

EDE clears the resistance zone at $0.02305 - $0.02432 and holds above it. That would strengthen the breakout case and shift attention to $0.02446 - $0.02707.

Bearish scenario

EDE loses the support zone at $0.01966 - $0.02130. That would weaken the setup and open the way toward $0.01966 - $0.02130.

Neutral scenario

EDE continues trading between $0.02130 and $0.02305. 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
$0.02283
Bearish
EDE is trading below the 50-day average.
SMA200
$0.02088
Bullish
EDE remains above the long-term trend line.
EMA50
$0.02304
Bearish
EDE is trading below the 50-day exponential average, which weakens the recent trend.
EMA200
$0.02238
Bearish
EDE is below the 200-day exponential average, which keeps the longer-term structure under pressure.
RSI (14)
37.26
Neutral
RSI (14) is at 37.26, which keeps momentum in a balanced range.
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
-0.0004228
Bearish
MACD is below its signal line.
ATR
5.93%
Volatile
Volatility is above its 180-day median.
VWMA
$0.02366
Bearish
Price is below the volume-weighted average.
Commodity Channel Index (20)
-156.55
Bearish
CCI (20) is weak at -156.55, which shows price is trading well below its recent average.
Awesome Oscillator (5, 34)
$-0.001608
Bearish
Awesome Oscillator is below zero at $-0.001608, which supports bearish momentum.
Williams Percent Range (14)
-92.23
Oversold
Williams Percent Range (14) is near the bottom of its recent range at -92.23.
Bull Bear Power (13)
$-0.001581
Bearish
Bull Bear Power (13) is negative at $-0.001581, which suggests sellers are controlling price relative to the EMA baseline.
Ultimate Oscillator (7, 14, 28)
28.76
Oversold
Ultimate Oscillator is weak at 28.76, which suggests multi-timeframe downside momentum may be stretched.
Hull Moving Average (9)
$0.02108
Bullish
EDE is trading above the Hull Moving Average (9), which supports the near-term trend.
Ichimoku Cloud B/L (9, 26, 52, 26)
$0.02541
Bearish
EDE is trading below the Ichimoku base line, which points to weaker structure.
Assets Similar to El Dorado Exchange

Over the past 7 days, El Dorado Exchange price was most positively correlated with the price of Bitcoin Cash (BCH), Midnight (NIGHT), Sui Crypto (SUI), Hyperliquid (HYPE) and Bittensor (TAO) and most negatively correlated with the price of Lisk (LSK), JUST (JST), Pendle (PENDLE), APENFT (NFT) and World Liberty Financial (WLFI).

Positively Correlated Currencies
NameCorrelation
Image of Bitcoin CashBitcoin Cash1.000
Image of MidnightMidnight0.921
Image of Sui CryptoSui Crypto0.911
Image of HyperliquidHyperliquid0.895
Image of BittensorBittensor0.894
Negatively Correlated Currencies
NameCorrelation
Image of LiskLisk-0.668
Image of JUSTJUST-0.657
Image of PendlePendle-0.539
Image of APENFTAPENFT-0.310
Image of World Liberty FinancialWorld Liberty Financial-0.257

El Dorado Exchange price is positively correlated with the top 10 coins by market cap with a price of 0.633, excluding Tether (USDT) and positively correlated with the top 100 coins by market cap excluding all stablecoins with a price of 0.453. Currencies that are positively correlated with El Dorado Exchange 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 El Dorado Exchange, a move in one direction for El Dorado Exchange would translate into a move in the opposite direction for the negatively correlated coin.

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