Image of ETHAX
ETHAXETHAX
$0.01574
-0.74%
1D

ETHAX Analysis

Investment Score
A quick view into ETHAX's investment prospects.
9.0

The setup looks very strong, with broad technical confirmation still supporting the current structure.

What is helping
  • MACD is confirming the current directional bias.
  • The current level still offers a favorable reward-to-risk profile.
Main risks
  • Momentum is extended, which raises the risk of chasing.
  • Price is trading below the Hull Moving Average (9), which points to weakening short-term momentum.
Market State Summary
Current regime
Bull Quiet
Confidence: 95%
Why this state?
  • ETHAX is above SMA50
  • SMA50 is above 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
ETHAX is trading above key moving averages and the medium-term trend is still rising.
Momentum
Overbought
RSI is 78.80, which points to stretched upside momentum.
Volatility
Quiet
ETHAX ATR volatility is below the 60th percentile of its trailing 180-day history.
Key Levels
Resistance zone
$0.02816 - $0.02850
Active zone
$0.01570 - $0.01604
Support zone
$0.01357 - $0.01516
Chart Patterns
SMA50
SMA100
SMA200
RSI
Overbought
MACD
Bullish
ATR%
Quiet
Volume
Average
Support & Resistance

ETHAX 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
$0.01357 - $0.01516
Resistance zone
$0.02816 - $0.02850
Active zone
$0.01570 - $0.01604
Levels Table
LevelZoneStrength
Support 1$0.01357 - $0.01516
Support 2$0.01230 - $0.01311
Support 3$0.01125 - $0.01161
Support 4$0.01011 - $0.01045
Resistance 1$0.02816 - $0.02850
Resistance 2$0.02879 - $0.02913
Resistance 3$0.03140 - $0.03192
Resistance 4$0.06157 - $0.06191
Active 1$0.01570 - $0.01604
Scenario Analysis
Bullish scenario

ETHAX clears the resistance zone at $0.02816 - $0.02850 and holds above it. That would strengthen the breakout case and shift attention to $0.02879 - $0.02913.

Bearish scenario

ETHAX loses the support zone at $0.01357 - $0.01516. That would weaken the setup and open the way toward $0.01230 - $0.01311.

Neutral scenario

ETHAX continues trading between $0.01516 and $0.02816. 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
$0.01317
Bullish
ETHAX is trading above the 50-day average.
SMA200
$0.01114
Bullish
ETHAX remains above the long-term trend line.
EMA50
$0.01363
Bullish
ETHAX is holding above the 50-day exponential average, which supports the recent trend.
EMA200
$0.01147
Bullish
ETHAX is above the 200-day exponential average, which keeps the longer-term structure constructive.
RSI (14)
78.80
Overbought
RSI (14) is elevated at 78.80, which suggests upside momentum may be getting stretched.
Stoch RSI (14)
48.04
Neutral
Stoch RSI (14) is at 48.04, which suggests momentum is active but not yet extreme.
MACD
0.0006894
Bullish
MACD is above its signal line.
ATR
1.65%
Quiet
Volatility is below its 180-day median.
VWMA
$0.01444
Bullish
Price is above the volume-weighted average.
Commodity Channel Index (20)
168.96
Bullish
CCI (20) is strong at 168.96, which shows price is trading well above its recent average.
Awesome Oscillator (5, 34)
$0.001587
Bullish
Awesome Oscillator is above zero at $0.001587, which supports bullish momentum.
Williams Percent Range (14)
-22.96
Neutral
Williams Percent Range (14) is at -22.96, which keeps price in the middle of its recent range.
Bull Bear Power (13)
$0.0009155
Bullish
Bull Bear Power (13) is positive at $0.0009155, which suggests buyers are controlling price relative to the EMA baseline.
Ultimate Oscillator (7, 14, 28)
69.85
Neutral
Ultimate Oscillator is at 69.85, which suggests momentum is balanced across its short, medium, and long windows.
Hull Moving Average (9)
$0.01608
Bearish
ETHAX is trading below the Hull Moving Average (9), which weakens the near-term trend.
Ichimoku Cloud B/L (9, 26, 52, 26)
$0.01434
Bullish
ETHAX is trading above the Ichimoku base line, which supports bullish structure.
Assets Similar to ETHAX

Over the past 7 days, ETHAX price was most positively correlated with the price of PancakeSwap (CAKE), GateToken (GT), Litecoin (LTC), Aster (ASTER) and Uniswap (UNI) and most negatively correlated with the price of Pump.fun (PUMP), APENFT (NFT), Canton (CC), LEO Token (LEO) and Flare (FLR).

Positively Correlated Currencies
NameCorrelation
Image of PancakeSwapPancakeSwap0.936
Image of GateTokenGateToken0.935
Image of LitecoinLitecoin0.920
Image of AsterAster0.907
Image of UniswapUniswap0.906
Negatively Correlated Currencies
NameCorrelation
Image of Pump.funPump.fun-0.539
Image of APENFTAPENFT-0.517
Image of CantonCanton-0.487
Image of LEO TokenLEO Token-0.412
Image of FlareFlare-0.397

ETHAX price is positively correlated with the top 10 coins by market cap with a price of 0.779, excluding Tether (USDT) and positively correlated with the top 100 coins by market cap excluding all stablecoins with a price of 0.583. Currencies that are positively correlated with ETHAX 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 ETHAX, a move in one direction for ETHAX would translate into a move in the opposite direction for the negatively correlated coin.

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