Image of EDEN
EDENOpenEden
$0.05982
-3.63%
1D

OpenEden Analysis

Investment Score
A quick view into OpenEden's investment prospects.
7.8

The asset still looks technically supportive, with multiple signals continuing to back the setup.

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
  • Price is too close to resistance relative to nearby support.
  • Price is trading below the Hull Moving Average (9), which points to weakening short-term momentum.
Market State Summary
Current regime
Bull Quiet
Confidence: 91%
Why this state?
  • EDEN 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
EDEN is trading above key moving averages and the medium-term trend is still rising.
Momentum
Neutral
RSI is 54.68, which is neither overbought nor oversold.
Volatility
Quiet
EDEN ATR volatility is below the 60th percentile of its trailing 180-day history.
Key Levels
Resistance zone
$0.05980 - $0.06633
Active zone
$0.05497 - $0.06155
Support zone
$0.04395 - $0.04796
Chart Patterns
SMA50
SMA100
SMA200
RSI
Neutral
MACD
Bullish
ATR%
Quiet
Volume
Average
Support & Resistance

OpenEden 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
$0.04395 - $0.04796
Resistance zone
$0.05980 - $0.06633
Active zone
$0.05497 - $0.06155
Levels Table
LevelZoneStrength
Support 1$0.04395 - $0.04796
Support 2$0.03401 - $0.04178
Resistance 1$0.05980 - $0.06633
Active 1$0.05497 - $0.06155
Scenario Analysis
Bullish scenario

EDEN clears the resistance zone at $0.05980 - $0.06633 and holds above it. That would strengthen the breakout case and shift attention to $0.05980 - $0.06633.

Bearish scenario

EDEN loses the support zone at $0.04395 - $0.04796. That would weaken the setup and open the way toward $0.03401 - $0.04178.

Neutral scenario

EDEN continues trading between $0.04796 and $0.05980. 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
$0.05549
Bullish
EDEN is trading above the 50-day average.
SMA200
$0.04618
Bullish
EDEN remains above the long-term trend line.
EMA50
$0.05460
Bullish
EDEN is holding above the 50-day exponential average, which supports the recent trend.
EMA200
$0.05650
Bullish
EDEN is above the 200-day exponential average, which keeps the longer-term structure constructive.
RSI (14)
54.68
Neutral
RSI (14) is at 54.68, which keeps momentum in a balanced range.
Stoch RSI (14)
42.37
Neutral
Stoch RSI (14) is at 42.37, which suggests momentum is active but not yet extreme.
MACD
0.002431
Bullish
MACD is above its signal line.
ATR
8.40%
Quiet
Volatility is below its 180-day median.
VWMA
$0.05609
Bullish
Price is above the volume-weighted average.
Commodity Channel Index (20)
54.21
Neutral
CCI (20) is at 54.21, which keeps price relatively close to its recent average.
Awesome Oscillator (5, 34)
$0.004963
Bullish
Awesome Oscillator is above zero at $0.004963, which supports bullish momentum.
Williams Percent Range (14)
-35.19
Neutral
Williams Percent Range (14) is at -35.19, which keeps price in the middle of its recent range.
Bull Bear Power (13)
$0.001270
Bullish
Bull Bear Power (13) is positive at $0.001270, which suggests buyers are controlling price relative to the EMA baseline.
Ultimate Oscillator (7, 14, 28)
49.71
Neutral
Ultimate Oscillator is at 49.71, which suggests momentum is balanced across its short, medium, and long windows.
Hull Moving Average (9)
$0.06105
Bearish
EDEN is trading below the Hull Moving Average (9), which weakens the near-term trend.
Ichimoku Cloud B/L (9, 26, 52, 26)
$0.05617
Bullish
EDEN is trading above the Ichimoku base line, which supports bullish structure.
Assets Similar to OpenEden

Over the past 7 days, OpenEden price was most positively correlated with the price of Injective (INJ), Ethereum Classic (ETC), Tezos (XTZ), Ethereum Name Service (ENS) and Morpho (MORPHO) and most negatively correlated with the price of Hedera Hashgraph (HBAR), LEO Token (LEO), JUST (JST), Algorand (ALGO) and Quant (QNT).

Positively Correlated Currencies
NameCorrelation
Image of InjectiveInjective0.678
Image of Ethereum ClassicEthereum Classic0.656
Image of TezosTezos0.603
Image of Ethereum Name ServiceEthereum Name Service0.598
Image of MorphoMorpho0.588
Negatively Correlated Currencies
NameCorrelation
Image of Hedera HashgraphHedera Hashgraph-0.542
Image of LEO TokenLEO Token-0.481
Image of JUSTJUST-0.440
Image of AlgorandAlgorand-0.412
Image of QuantQuant-0.406

OpenEden price is positively correlated with the top 10 coins by market cap with a price of 0.185, excluding Tether (USDT) and positively correlated with the top 100 coins by market cap excluding all stablecoins with a price of 0.134. Currencies that are positively correlated with OpenEden 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 OpenEden, a move in one direction for OpenEden would translate into a move in the opposite direction for the negatively correlated coin.

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