Image of ELG
ELGEscoin Token
$0.2914
-0.02%
1D

Escoin Token Analysis

Investment Score
A quick view into Escoin Token's investment prospects.
6.3

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

What is helping
  • MACD is confirming the current directional bias.
  • Price is holding above the volume-weighted average, which suggests the move still has volume-backed support.
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: 75%
Why this state?
  • ELG 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
ELG is trading above key moving averages and the medium-term trend is still rising.
Momentum
Neutral
RSI is 55.93, which is neither overbought nor oversold.
Volatility
Volatile
ELG ATR volatility is above the 60th percentile of its trailing 180-day history.
Key Levels
Resistance zone
$0.2914 - $0.3052
Active zone
$0.2799 - $0.3210
Support zone
$0.2603 - $0.2793
Chart Patterns
SMA50
SMA100
SMA200
RSI
Neutral
MACD
Bullish
ATR%
Volatile
Volume
Average
Support & Resistance

Escoin Token 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
$0.2603 - $0.2793
Resistance zone
$0.2914 - $0.3052
Active zone
$0.2799 - $0.3210
Levels Table
LevelZoneStrength
Support 1$0.2603 - $0.2793
Support 2$0.2338 - $0.2571
Support 3$0.2056 - $0.2194
Resistance 1$0.2914 - $0.3052
Active 1$0.2799 - $0.3210
Scenario Analysis
Bullish scenario

ELG clears the resistance zone at $0.2914 - $0.3052 and holds above it. That would strengthen the breakout case and shift attention to $0.2914 - $0.3052.

Bearish scenario

ELG loses the support zone at $0.2603 - $0.2793. That would weaken the setup and open the way toward $0.2338 - $0.2571.

Neutral scenario

ELG continues trading between $0.2793 and $0.2914. 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
$0.2872
Bullish
ELG is trading above the 50-day average.
SMA200
$0.2880
Bullish
ELG remains above the long-term trend line.
EMA50
$0.2879
Bullish
ELG is holding above the 50-day exponential average, which supports the recent trend.
EMA200
$0.2883
Bullish
ELG is above the 200-day exponential average, which keeps the longer-term structure constructive.
RSI (14)
55.93
Neutral
RSI (14) is at 55.93, which keeps momentum in a balanced range.
Stoch RSI (14)
87.65
Overbought
Stoch RSI (14) is high at 87.65, which shows momentum is pressing near its recent upper extreme.
MACD
0.001322
Bullish
MACD is above its signal line.
ATR
3.64%
Volatile
Volatility is above its 180-day median.
VWMA
$0.2885
Bullish
Price is above the volume-weighted average.
Commodity Channel Index (20)
83.34
Neutral
CCI (20) is at 83.34, which keeps price relatively close to its recent average.
Awesome Oscillator (5, 34)
$-0.004177
Bearish
Awesome Oscillator is below zero at $-0.004177, which supports bearish momentum.
Williams Percent Range (14)
-7.12
Overbought
Williams Percent Range (14) is near the top of its recent range at -7.12.
Bull Bear Power (13)
$0.002297
Bullish
Bull Bear Power (13) is positive at $0.002297, which suggests buyers are controlling price relative to the EMA baseline.
Ultimate Oscillator (7, 14, 28)
89.03
Overbought
Ultimate Oscillator is elevated at 89.03, which suggests multi-timeframe momentum may be overheated.
Hull Moving Average (9)
$0.2915
Bearish
ELG is trading below the Hull Moving Average (9), which weakens the near-term trend.
Ichimoku Cloud B/L (9, 26, 52, 26)
$0.2492
Bullish
ELG is trading above the Ichimoku base line, which supports bullish structure.
Assets Similar to Escoin Token

Over the past 7 days, Escoin Token price was most positively correlated with the price of BitTorrent (BTT), Official Trump (TRUMP), LEO Token (LEO), TRON (TRX) and Monero (XMR) and most negatively correlated with the price of Ethereum (ETH), Mantle (MNT), Bittensor (TAO), Render Token (RENDER) and Bitcoin SV (BSV).

Positively Correlated Currencies
NameCorrelation
Image of BitTorrentBitTorrent0.097
Image of Official TrumpOfficial Trump0.091
Image of LEO TokenLEO Token0.084
Image of TRONTRON0.076
Image of MoneroMonero0.052
Negatively Correlated Currencies
NameCorrelation
Image of EthereumEthereum-0.191
Image of MantleMantle-0.187
Image of BittensorBittensor-0.177
Image of Render TokenRender Token-0.172
Image of Bitcoin SVBitcoin SV-0.167

Escoin Token price is negatively correlated with the top 10 coins by market cap with a price of -0.074, excluding Tether (USDT) and negatively correlated with the top 100 coins by market cap excluding all stablecoins with a price of -0.063. Currencies that are positively correlated with Escoin Token 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 Escoin Token, a move in one direction for Escoin Token would translate into a move in the opposite direction for the negatively correlated coin.

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