Image of ERG
ERGErgo
$0.3066
2.01%
1D

Ergo Analysis

Investment Score
A quick view into Ergo's investment prospects.
5.8

The chart is fairly balanced right now, so waiting for stronger confirmation still makes sense.

What is helping
  • Squeeze Breakout Setup: Bollinger Bands are historically compressed and price is above EMA50, suggesting an expansion move may be underway.
  • Stoch RSI is near the lower end of its range, which suggests downside momentum may be getting exhausted.
Main risks
  • ATR percentile is elevated, which signals a noisier market and a higher chance of sharp swings.
  • Price is too close to resistance relative to nearby support.
Market State Summary
Current regime
Bull Volatile
Confidence: 76%
Why this state?
  • ERG is above SMA50
  • SMA50 is above SMA200
  • SMA50 slope is positive over the last 10 days
  • 30-day return is negative
  • 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 46.81, 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
$0.3107 - $0.4455
Support zone
$0.1806 - $0.2634
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
$0.1806 - $0.2634
Resistance zone
$0.3107 - $0.4455
Active zone
--
Levels Table
LevelZoneStrength
Support 1$0.1806 - $0.2634
Resistance 1$0.3107 - $0.4455
Resistance 2$0.4869 - $0.5266
Resistance 3$0.5301 - $0.5952
Resistance 4$0.6047 - $0.7162
Scenario Analysis
Bullish scenario

ERG clears the resistance zone at $0.3107 - $0.4455 and holds above it. That would strengthen the breakout case and shift attention to $0.4869 - $0.5266.

Bearish scenario

ERG loses the support zone at $0.1806 - $0.2634. That would weaken the setup and open the way toward $0.1806 - $0.2634.

Neutral scenario

ERG continues trading between $0.2634 and $0.3107. 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
$0.2995
Bullish
ERG is trading above the 50-day average.
SMA200
$0.2641
Bullish
ERG remains above the long-term trend line.
EMA50
$0.3001
Bullish
ERG is holding above the 50-day exponential average, which supports the recent trend.
EMA200
$0.2986
Bullish
ERG is above the 200-day exponential average, which keeps the longer-term structure constructive.
RSI (14)
46.81
Neutral
RSI (14) is at 46.81, which keeps momentum in a balanced range.
Stoch RSI (14)
3.39
Oversold
Stoch RSI (14) is low at 3.39, which shows momentum is pressing near its recent lower extreme.
MACD
0.003267
Bearish
MACD is below its signal line.
ATR
10.15%
Volatile
Volatility is above its 180-day median.
VWMA
$0.3154
Bearish
Price is below the volume-weighted average.
Commodity Channel Index (20)
-140.90
Bearish
CCI (20) is weak at -140.90, which shows price is trading well below its recent average.
Awesome Oscillator (5, 34)
$-0.001560
Bearish
Awesome Oscillator is below zero at $-0.001560, which supports bearish momentum.
Williams Percent Range (14)
-74.98
Neutral
Williams Percent Range (14) is at -74.98, which keeps price in the middle of its recent range.
Bull Bear Power (13)
$-0.01468
Bearish
Bull Bear Power (13) is negative at $-0.01468, which suggests sellers are controlling price relative to the EMA baseline.
Ultimate Oscillator (7, 14, 28)
50.99
Neutral
Ultimate Oscillator is at 50.99, which suggests momentum is balanced across its short, medium, and long windows.
Hull Moving Average (9)
$0.3211
Bearish
ERG is trading below the Hull Moving Average (9), which weakens the near-term trend.
Ichimoku Cloud B/L (9, 26, 52, 26)
$0.3211
Bearish
ERG is trading below the Ichimoku base line, which points to weaker structure.
Assets Similar to Ergo

Over the past 7 days, Ergo price was most positively correlated with the price of Injective (INJ), Hedera Hashgraph (HBAR), Gnosis (GNO), Morpho (MORPHO) and Gram (prev. Toncoin) (GRAM) and most negatively correlated with the price of XDC Network (XDC), Decred (DCR), Kaspa (KAS), Bonk (BONK) and Ethena (ENA).

Positively Correlated Currencies
NameCorrelation
Image of InjectiveInjective0.514
Image of Hedera HashgraphHedera Hashgraph0.475
Image of GnosisGnosis0.472
Image of MorphoMorpho0.447
Image of Gram (prev. Toncoin)Gram (prev. Toncoin)0.422
Negatively Correlated Currencies
NameCorrelation
Image of XDC NetworkXDC Network-0.559
Image of DecredDecred-0.539
Image of KaspaKaspa-0.405
Image of BonkBonk-0.397
Image of EthenaEthena-0.377

Ergo price is positively correlated with the top 10 coins by market cap with a price of 0.177, excluding Tether (USDT) and positively correlated with the top 100 coins by market cap excluding all stablecoins with a price of 0.007. 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.

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