Image of ELA
ELAElastos
$0.3150
-2.92%
1D

Elastos Analysis

Investment Score
A quick view into Elastos's investment prospects.
7.7

The asset still looks technically supportive, with multiple signals continuing to back the 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.
  • Price is trading below the Hull Moving Average (9), which points to weakening short-term momentum.
Market State Summary
Current regime
Bull Quiet
Confidence: 65%
Why this state?
  • ELA 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
ELA is trading above key moving averages and the medium-term trend is still rising.
Momentum
Neutral
RSI is 52.72, which is neither overbought nor oversold.
Volatility
Quiet
ELA ATR volatility is below the 60th percentile of its trailing 180-day history.
Key Levels
Resistance zone
$0.3623 - $0.3875
Active zone
$0.2182 - $0.3550
Support zone
$0.2805 - $0.3215
Chart Patterns
SMA50
SMA100
SMA200
RSI
Neutral
MACD
Bearish
ATR%
Quiet
Volume
Low
Support & Resistance

Elastos 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
$0.2805 - $0.3215
Resistance zone
$0.3623 - $0.3875
Active zone
$0.2182 - $0.3550
Levels Table
LevelZoneStrength
Support 1$0.2805 - $0.3215
Resistance 1$0.3623 - $0.3875
Resistance 2$0.3951 - $0.4547
Resistance 3$0.4663 - $0.6295
Resistance 4$0.7585 - $0.7994
Active 1$0.2182 - $0.3550
Scenario Analysis
Bullish scenario

ELA clears the resistance zone at $0.3623 - $0.3875 and holds above it. That would strengthen the breakout case and shift attention to $0.3951 - $0.4547.

Bearish scenario

ELA loses the support zone at $0.2805 - $0.3215. That would weaken the setup and open the way toward $0.2805 - $0.3215.

Neutral scenario

ELA continues trading between $0.3215 and $0.3623. 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
$0.2849
Bullish
ELA is trading above the 50-day average.
SMA200
$0.4009
Bearish
ELA remains below the long-term trend line.
EMA50
$0.3056
Bullish
ELA is holding above the 50-day exponential average, which supports the recent trend.
EMA200
$0.4651
Bearish
ELA is below the 200-day exponential average, which keeps the longer-term structure under pressure.
RSI (14)
52.72
Neutral
RSI (14) is at 52.72, 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
0.01514
Bearish
MACD is below its signal line.
ATR
9.79%
Quiet
Volatility is below its 180-day median.
VWMA
$0.3226
Bearish
Price is below the volume-weighted average.
Commodity Channel Index (20)
21.01
Neutral
CCI (20) is at 21.01, which keeps price relatively close to its recent average.
Awesome Oscillator (5, 34)
$0.03953
Bullish
Awesome Oscillator is above zero at $0.03953, which supports bullish momentum.
Williams Percent Range (14)
-68.16
Neutral
Williams Percent Range (14) is at -68.16, which keeps price in the middle of its recent range.
Bull Bear Power (13)
$0.002473
Bullish
Bull Bear Power (13) is positive at $0.002473, which suggests buyers are controlling price relative to the EMA baseline.
Ultimate Oscillator (7, 14, 28)
46.49
Neutral
Ultimate Oscillator is at 46.49, which suggests momentum is balanced across its short, medium, and long windows.
Hull Moving Average (9)
$0.3349
Bearish
ELA is trading below the Hull Moving Average (9), which weakens the near-term trend.
Ichimoku Cloud B/L (9, 26, 52, 26)
$0.3330
Bearish
ELA is trading below the Ichimoku base line, which points to weaker structure.
Assets Similar to Elastos

Over the past 7 days, Elastos price was most positively correlated with the price of Lido DAO Token (LDO), Curve DAO Token (CRV), Solana (SOL), Ethena (ENA) and Chainlink (LINK) and most negatively correlated with the price of Pump.fun (PUMP), Venice Token (VVV), Pi Network (PI), Plasma (XPL) and Cosmos (ATOM).

Positively Correlated Currencies
NameCorrelation
Image of Lido DAO TokenLido DAO Token0.576
Image of Curve DAO TokenCurve DAO Token0.575
Image of SolanaSolana0.539
Image of EthenaEthena0.535
Image of ChainlinkChainlink0.523
Negatively Correlated Currencies
NameCorrelation
Image of Pump.funPump.fun-0.297
Image of Venice TokenVenice Token-0.242
Image of Pi NetworkPi Network-0.212
Image of PlasmaPlasma-0.195
Image of CosmosCosmos-0.130

Elastos price is positively correlated with the top 10 coins by market cap with a price of 0.197, excluding Tether (USDT) and positively correlated with the top 100 coins by market cap excluding all stablecoins with a price of 0.232. Currencies that are positively correlated with Elastos 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 Elastos, a move in one direction for Elastos would translate into a move in the opposite direction for the negatively correlated coin.

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