Image of EL
ELElcoin
$0.001846
1.38%
1D

Elcoin Analysis

Investment Score
A quick view into Elcoin's investment prospects.
6.8

The setup has a mild positive bias, but the reward-to-risk is not clean enough to be aggressive.

What is helping
  • Price is holding above the volume-weighted average, which suggests the move still has volume-backed support.
  • 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.
  • 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 Volatile
Confidence: 71%
Why this state?
  • EL is above SMA50
  • SMA50 is below 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
EL is trading above key moving averages and the medium-term trend is still rising.
Momentum
Neutral
RSI is 62.77, which is neither overbought nor oversold.
Volatility
Volatile
EL ATR volatility is above the 60th percentile of its trailing 180-day history.
Key Levels
Resistance zone
$0.002243 - $0.002660
Active zone
$0.001587 - $0.002159
Support zone
$0.001094 - $0.001474
Chart Patterns
SMA50
SMA100
SMA200
RSI
Neutral
MACD
Bearish
ATR%
Volatile
Volume
High
Support & Resistance

Elcoin 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
$0.001094 - $0.001474
Resistance zone
$0.002243 - $0.002660
Active zone
$0.001587 - $0.002159
Levels Table
LevelZoneStrength
Support 1$0.001094 - $0.001474
Resistance 1$0.002243 - $0.002660
Resistance 2$0.003127 - $0.003848
Resistance 3$0.003912 - $0.004269
Resistance 4$0.004332 - $0.004857
Active 1$0.001587 - $0.002159
Scenario Analysis
Bullish scenario

EL clears the resistance zone at $0.002243 - $0.002660 and holds above it. That would strengthen the breakout case and shift attention to $0.003127 - $0.003848.

Bearish scenario

EL loses the support zone at $0.001094 - $0.001474. That would weaken the setup and open the way toward $0.001094 - $0.001474.

Neutral scenario

EL continues trading between $0.001474 and $0.002243. 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
$0.001529
Bullish
EL is trading above the 50-day average.
SMA200
$0.001531
Bullish
EL remains above the long-term trend line.
EMA50
$0.001582
Bullish
EL is holding above the 50-day exponential average, which supports the recent trend.
EMA200
$0.001649
Bullish
EL is above the 200-day exponential average, which keeps the longer-term structure constructive.
RSI (14)
62.77
Neutral
RSI (14) is at 62.77, which keeps momentum in a balanced range.
Stoch RSI (14)
47.76
Neutral
Stoch RSI (14) is at 47.76, which suggests momentum is active but not yet extreme.
MACD
0.00008532
Bearish
MACD is below its signal line.
ATR
7.50%
Volatile
Volatility is above its 180-day median.
VWMA
$0.001761
Bullish
Price is above the volume-weighted average.
Commodity Channel Index (20)
90.84
Neutral
CCI (20) is at 90.84, which keeps price relatively close to its recent average.
Awesome Oscillator (5, 34)
$0.0001808
Bullish
Awesome Oscillator is above zero at $0.0001808, which supports bullish momentum.
Williams Percent Range (14)
-23.48
Neutral
Williams Percent Range (14) is at -23.48, which keeps price in the middle of its recent range.
Bull Bear Power (13)
$0.00006921
Bullish
Bull Bear Power (13) is positive at $0.00006921, which suggests buyers are controlling price relative to the EMA baseline.
Ultimate Oscillator (7, 14, 28)
57.10
Neutral
Ultimate Oscillator is at 57.10, which suggests momentum is balanced across its short, medium, and long windows.
Hull Moving Average (9)
$0.001855
Bullish
EL is trading above the Hull Moving Average (9), which supports the near-term trend.
Ichimoku Cloud B/L (9, 26, 52, 26)
$0.001689
Bullish
EL is trading above the Ichimoku base line, which supports bullish structure.
Assets Similar to Elcoin

Over the past 7 days, Elcoin price was most positively correlated with the price of Aave (AAVE), Monad (MON), Litecoin (LTC), Midnight (NIGHT) and Immutable X (IMX) and most negatively correlated with the price of Zcash (ZEC), Polygon Ecosystem Token (POL), Pi Network (PI), Curve DAO Token (CRV) and Beldex (BDX).

Positively Correlated Currencies
NameCorrelation
Image of AaveAave0.850
Image of MonadMonad0.836
Image of LitecoinLitecoin0.817
Image of MidnightMidnight0.780
Image of Immutable XImmutable X0.773
Negatively Correlated Currencies
NameCorrelation
Image of ZcashZcash-0.776
Image of Polygon Ecosystem TokenPolygon Ecosystem Token-0.748
Image of Pi NetworkPi Network-0.733
Image of Curve DAO TokenCurve DAO Token-0.727
Image of BeldexBeldex-0.695

Elcoin price is positively correlated with the top 10 coins by market cap with a price of 0.203, excluding Tether (USDT) and positively correlated with the top 100 coins by market cap excluding all stablecoins with a price of 0.094. Currencies that are positively correlated with Elcoin 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 Elcoin, a move in one direction for Elcoin would translate into a move in the opposite direction for the negatively correlated coin.

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