Image of ERN
ERNEthernity Chain
$0.02981
-1.42%
1D

Ethernity Chain Analysis

Investment Score
A quick view into Ethernity Chain'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
  • Squeeze Breakout Setup: Bollinger Bands are historically compressed and price is above EMA50, suggesting an expansion move may be underway.
  • Price is holding above the volume-weighted average, which suggests the move still has volume-backed support.
Main risks
  • Price is too close to resistance relative to nearby support.
  • 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 Quiet
Confidence: 82%
Why this state?
  • ERN is above SMA50
  • SMA50 is below 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
ERN is trading above key moving averages and the medium-term trend is still rising.
Momentum
Neutral
RSI is 64.92, which is neither overbought nor oversold.
Volatility
Quiet
ERN ATR volatility is below the 60th percentile of its trailing 180-day history.
Key Levels
Resistance zone
$0.03183 - $0.03486
Active zone
$0.02905 - $0.03061
Support zone
$0.02360 - $0.02539
Chart Patterns
SMA50
SMA100
SMA200
RSI
Neutral
MACD
Bearish
ATR%
Quiet
Volume
Average
Support & Resistance

Ethernity Chain 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
$0.02360 - $0.02539
Resistance zone
$0.03183 - $0.03486
Active zone
$0.02905 - $0.03061
Levels Table
LevelZoneStrength
Support 1$0.02360 - $0.02539
Support 2$0.02125 - $0.02230
Support 3$0.01872 - $0.01972
Support 4$0.01765 - $0.01865
Resistance 1$0.03183 - $0.03486
Resistance 2$0.03628 - $0.03728
Resistance 3$0.03743 - $0.03843
Resistance 4$0.04127 - $0.04227
Active 1$0.02905 - $0.03061
Scenario Analysis
Bullish scenario

ERN clears the resistance zone at $0.03183 - $0.03486 and holds above it. That would strengthen the breakout case and shift attention to $0.03628 - $0.03728.

Bearish scenario

ERN loses the support zone at $0.02360 - $0.02539. That would weaken the setup and open the way toward $0.02125 - $0.02230.

Neutral scenario

ERN continues trading between $0.02539 and $0.03183. 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
$0.02295
Bullish
ERN is trading above the 50-day average.
SMA200
$0.02491
Bullish
ERN remains above the long-term trend line.
EMA50
$0.02541
Bullish
ERN is holding above the 50-day exponential average, which supports the recent trend.
EMA200
$0.05625
Bearish
ERN is below the 200-day exponential average, which keeps the longer-term structure under pressure.
RSI (14)
64.92
Neutral
RSI (14) is at 64.92, which keeps momentum in a balanced range.
Stoch RSI (14)
66.54
Neutral
Stoch RSI (14) is at 66.54, which suggests momentum is active but not yet extreme.
MACD
0.001343
Bearish
MACD is below its signal line.
ATR
2.56%
Quiet
Volatility is below its 180-day median.
VWMA
$0.02943
Bullish
Price is above the volume-weighted average.
Commodity Channel Index (20)
-47.03
Neutral
CCI (20) is at -47.03, which keeps price relatively close to its recent average.
Awesome Oscillator (5, 34)
$0.002095
Bullish
Awesome Oscillator is above zero at $0.002095, which supports bullish momentum.
Williams Percent Range (14)
-38.36
Neutral
Williams Percent Range (14) is at -38.36, which keeps price in the middle of its recent range.
Bull Bear Power (13)
$-0.00003835
Bearish
Bull Bear Power (13) is negative at $-0.00003835, which suggests sellers are controlling price relative to the EMA baseline.
Ultimate Oscillator (7, 14, 28)
42.94
Neutral
Ultimate Oscillator is at 42.94, which suggests momentum is balanced across its short, medium, and long windows.
Hull Moving Average (9)
$0.02894
Bullish
ERN is trading above the Hull Moving Average (9), which supports the near-term trend.
Ichimoku Cloud B/L (9, 26, 52, 26)
$0.02910
Bullish
ERN is trading above the Ichimoku base line, which supports bullish structure.
Assets Similar to Ethernity Chain

Over the past 7 days, Ethernity Chain price was most positively correlated with the price of Raydium (RAY), GateToken (GT), NEAR Protocol (NEAR), Tezos (XTZ) and BitTorrent (BTT) and most negatively correlated with the price of World Liberty Financial (WLFI), Bitcoin Cash (BCH), Canton (CC), Pump.fun (PUMP) and Sei (SEI).

Positively Correlated Currencies
NameCorrelation
Image of RaydiumRaydium0.551
Image of GateTokenGateToken0.358
Image of NEAR ProtocolNEAR Protocol0.344
Image of TezosTezos0.341
Image of BitTorrentBitTorrent0.320
Negatively Correlated Currencies
NameCorrelation
Image of World Liberty FinancialWorld Liberty Financial-0.624
Image of Bitcoin CashBitcoin Cash-0.555
Image of CantonCanton-0.548
Image of Pump.funPump.fun-0.546
Image of SeiSei-0.506

Ethernity Chain price is negatively correlated with the top 10 coins by market cap with a price of -0.225, excluding Tether (USDT) and negatively correlated with the top 100 coins by market cap excluding all stablecoins with a price of -0.228. Currencies that are positively correlated with Ethernity Chain 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 Ethernity Chain, a move in one direction for Ethernity Chain would translate into a move in the opposite direction for the negatively correlated coin.

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