Image of ERG
ERGErgo
$0.2558
1.56%
1D

Ergo Analysis

Investment Score
A quick view into Ergo'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
  • High Conviction Breakout: Price recently crossed above the 50-day average and VWMA is confirming, suggesting accumulation-backed momentum.
  • Squeeze Breakout Setup: Bollinger Bands are historically compressed and price is above EMA50, suggesting an expansion move may be underway.
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: 77%
Why this state?
  • ERG 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
ERG is trading above key moving averages and the medium-term trend is still rising.
Momentum
Neutral
RSI is 54.66, which is neither overbought nor oversold.
Volatility
Volatile
ERG ATR volatility is above the 60th percentile of its trailing 180-day history.
Key Levels
Resistance zone
$0.3010 - $0.3436
Active zone
$0.2156 - $0.2964
Support zone
$0.1799 - $0.2119
Chart Patterns
SMA50
SMA100
SMA200
RSI
Neutral
MACD
Bearish
ATR%
Volatile
Volume
Low
Support & Resistance

Ergo 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
$0.1799 - $0.2119
Resistance zone
$0.3010 - $0.3436
Active zone
$0.2156 - $0.2964
Levels Table
LevelZoneStrength
Support 1$0.1799 - $0.2119
Resistance 1$0.3010 - $0.3436
Resistance 2$0.4036 - $0.4478
Resistance 3$0.4898 - $0.5225
Resistance 4$0.5626 - $0.5880
Active 1$0.2156 - $0.2964
Scenario Analysis
Bullish scenario

ERG clears the resistance zone at $0.3010 - $0.3436 and holds above it. That would strengthen the breakout case and shift attention to $0.4036 - $0.4478.

Bearish scenario

ERG loses the support zone at $0.1799 - $0.2119. That would weaken the setup and open the way toward $0.1799 - $0.2119.

Neutral scenario

ERG continues trading between $0.2119 and $0.3010. 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
$0.2351
Bullish
ERG is trading above the 50-day average.
SMA200
$0.2640
Bearish
ERG remains below the long-term trend line.
EMA50
$0.2417
Bullish
ERG is holding above the 50-day exponential average, which supports the recent trend.
EMA200
$0.2919
Bearish
ERG is below the 200-day exponential average, which keeps the longer-term structure under pressure.
RSI (14)
54.66
Neutral
RSI (14) is at 54.66, which keeps momentum in a balanced range.
Stoch RSI (14)
65.92
Neutral
Stoch RSI (14) is at 65.92, which suggests momentum is active but not yet extreme.
MACD
0.004575
Bearish
MACD is below its signal line.
ATR
7.56%
Volatile
Volatility is above its 180-day median.
VWMA
$0.2554
Bullish
Price is above the volume-weighted average.
Commodity Channel Index (20)
7.14
Neutral
CCI (20) is at 7.14, which keeps price relatively close to its recent average.
Awesome Oscillator (5, 34)
$0.004167
Bullish
Awesome Oscillator is above zero at $0.004167, which supports bullish momentum.
Williams Percent Range (14)
-31.76
Neutral
Williams Percent Range (14) is at -31.76, which keeps price in the middle of its recent range.
Bull Bear Power (13)
$0.001330
Bullish
Bull Bear Power (13) is positive at $0.001330, which suggests buyers are controlling price relative to the EMA baseline.
Ultimate Oscillator (7, 14, 28)
58.48
Neutral
Ultimate Oscillator is at 58.48, which suggests momentum is balanced across its short, medium, and long windows.
Hull Moving Average (9)
$0.2567
Bullish
ERG is trading above the Hull Moving Average (9), which supports the near-term trend.
Ichimoku Cloud B/L (9, 26, 52, 26)
$0.2435
Bullish
ERG is trading above the Ichimoku base line, which supports bullish structure.
Assets Similar to Ergo

Over the past 7 days, Ergo price was most positively correlated with the price of JUST (JST), Monero (XMR), APENFT (NFT), Gram (prev. Toncoin) (GRAM) and Beldex (BDX) and most negatively correlated with the price of Injective (INJ), Aerodrome Finance (AERO), Polkadot (DOT), Kaspa (KAS) and Cosmos (ATOM).

Positively Correlated Currencies
NameCorrelation
Image of JUSTJUST0.661
Image of MoneroMonero0.614
Image of APENFTAPENFT0.593
Image of Gram (prev. Toncoin)Gram (prev. Toncoin)0.499
Image of BeldexBeldex0.497
Negatively Correlated Currencies
NameCorrelation
Image of InjectiveInjective-0.689
Image of Aerodrome FinanceAerodrome Finance-0.531
Image of PolkadotPolkadot-0.512
Image of KaspaKaspa-0.506
Image of CosmosCosmos-0.479

Ergo price is negatively correlated with the top 10 coins by market cap with a price of -0.077, excluding Tether (USDT) and positively correlated with the top 100 coins by market cap excluding all stablecoins with a price of 0.069. Currencies that are positively correlated with Ergo 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 Ergo, a move in one direction for Ergo 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