Image of ETHW
ETHWEthereum PoW
$0.2672
-6.36%
1D

Ethereum PoW Analysis

Investment Score
A quick view into Ethereum PoW's investment prospects.
8.3

Trend and momentum are aligned, and the current chart still offers a constructive buy setup.

What is helping
  • The current level still offers a favorable reward-to-risk profile.
  • 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.
  • Price is trading below the volume-weighted average, which suggests the move is losing volume-backed support.
Market State Summary
Current regime
Bull Volatile
Confidence: 88%
Why this state?
  • ETHW is above SMA50
  • SMA50 is above 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
ETHW is trading above key moving averages and the medium-term trend is still rising.
Momentum
Neutral
RSI is 52.88, which is neither overbought nor oversold.
Volatility
Volatile
ETHW ATR volatility is above the 60th percentile of its trailing 180-day history.
Key Levels
Resistance zone
$0.3502 - $0.3725
Active zone
$0.2758 - $0.3272
Support zone
$0.2209 - $0.2691
Chart Patterns
SMA50
SMA100
SMA200
RSI
Neutral
MACD
Bearish
ATR%
Volatile
Volume
Low
Support & Resistance

Ethereum PoW 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
$0.2209 - $0.2691
Resistance zone
$0.3502 - $0.3725
Active zone
$0.2758 - $0.3272
Levels Table
LevelZoneStrength
Support 1$0.2209 - $0.2691
Resistance 1$0.3502 - $0.3725
Resistance 2$0.5177 - $0.5516
Resistance 3$0.6020 - $0.6243
Resistance 4$1.29 - $1.31
Active 1$0.2758 - $0.3272
Scenario Analysis
Bullish scenario

ETHW clears the resistance zone at $0.3502 - $0.3725 and holds above it. That would strengthen the breakout case and shift attention to $0.5177 - $0.5516.

Bearish scenario

ETHW loses the support zone at $0.2209 - $0.2691. That would weaken the setup and open the way toward $0.2209 - $0.2691.

Neutral scenario

ETHW continues trading between $0.2691 and $0.3502. 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
$0.2734
Bullish
ETHW is trading above the 50-day average.
SMA200
$0.2646
Bullish
ETHW remains above the long-term trend line.
EMA50
$0.2735
Bullish
ETHW is holding above the 50-day exponential average, which supports the recent trend.
EMA200
$0.3247
Bearish
ETHW is below the 200-day exponential average, which keeps the longer-term structure under pressure.
RSI (14)
52.88
Neutral
RSI (14) is at 52.88, which keeps momentum in a balanced range.
Stoch RSI (14)
0.00
Oversold
Stoch RSI (14) is low at 0.00, which shows momentum is pressing near its recent lower extreme.
MACD
0.006068
Bearish
MACD is below its signal line.
ATR
5.99%
Volatile
Volatility is above its 180-day median.
VWMA
$0.2869
Bearish
Price is below the volume-weighted average.
Commodity Channel Index (20)
13.83
Neutral
CCI (20) is at 13.83, which keeps price relatively close to its recent average.
Awesome Oscillator (5, 34)
$0.01281
Bullish
Awesome Oscillator is above zero at $0.01281, which supports bullish momentum.
Williams Percent Range (14)
-68.17
Neutral
Williams Percent Range (14) is at -68.17, which keeps price in the middle of its recent range.
Bull Bear Power (13)
$0.001273
Bullish
Bull Bear Power (13) is positive at $0.001273, which suggests buyers are controlling price relative to the EMA baseline.
Ultimate Oscillator (7, 14, 28)
44.35
Neutral
Ultimate Oscillator is at 44.35, which suggests momentum is balanced across its short, medium, and long windows.
Hull Moving Average (9)
$0.2903
Bearish
ETHW is trading below the Hull Moving Average (9), which weakens the near-term trend.
Ichimoku Cloud B/L (9, 26, 52, 26)
$0.2788
Bullish
ETHW is trading above the Ichimoku base line, which supports bullish structure.
Assets Similar to Ethereum PoW

Over the past 7 days, Ethereum PoW price was most positively correlated with the price of Ethereum (ETH), Bonk (BONK), XRP (XRP), Ethereum Classic (ETC) and Pendle (PENDLE) and most negatively correlated with the price of Raydium (RAY), OKB (OKB), JUST (JST), Beldex (BDX) and KuCoin Token (KCS).

Positively Correlated Currencies
NameCorrelation
Image of EthereumEthereum0.923
Image of BonkBonk0.893
Image of XRPXRP0.893
Image of Ethereum ClassicEthereum Classic0.890
Image of PendlePendle0.879
Negatively Correlated Currencies
NameCorrelation
Image of RaydiumRaydium-0.448
Image of OKBOKB-0.330
Image of JUSTJUST-0.279
Image of BeldexBeldex-0.256
Image of KuCoin TokenKuCoin Token-0.248

Ethereum PoW price is positively correlated with the top 10 coins by market cap with a price of 0.467, excluding Tether (USDT) and positively correlated with the top 100 coins by market cap excluding all stablecoins with a price of 0.507. Currencies that are positively correlated with Ethereum PoW 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 Ethereum PoW, a move in one direction for Ethereum PoW would translate into a move in the opposite direction for the negatively correlated coin.

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