Image of EDEN
EDENOpenEden
$0.05690
1.22%
1D

OpenEden Analysis

Investment Score
A quick view into OpenEden's investment prospects.
5.4

The chart is mixed right now, so patience is justified unless a better entry appears.

What is helping
  • High Conviction Breakout: Price recently crossed above the 50-day average and VWMA is confirming, suggesting accumulation-backed momentum.
  • Price is trading above the Hull Moving Average (9), which keeps the near-term trend supportive.
Main risks
  • Price is too close to resistance relative to nearby support.
  • Price is trading below the volume-weighted average, which suggests the move is losing volume-backed support.
Market State Summary
Current regime
Sideways Quiet
Confidence: 51%
Why this state?
  • EDEN is above SMA50
  • SMA50 is above SMA200
  • SMA50 slope is negative over the last 10 days
  • 30-day return is negative
  • ATR volatility is below the 60th percentile of its trailing 180-day history
Suggested strategy

In the current Sideways Quiet regime, the best-fit approach is Range trading / mean reversion. The market is balanced and relatively calm, which tends to reward mean-reversion behavior and range trading more than breakout chasing.

Trend
Sideways
EDEN is caught between bullish and bearish trend signals.
Momentum
Neutral
RSI is 48.63, 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
$0.05731 - $0.06305
Active zone
$0.05436 - $0.06130
Support zone
$0.04347 - $0.04916
Chart Patterns
SMA50
SMA100
SMA200
RSI
Neutral
MACD
Bearish
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
$0.04347 - $0.04916
Resistance zone
$0.05731 - $0.06305
Active zone
$0.05436 - $0.06130
Levels Table
LevelZoneStrength
Support 1$0.04347 - $0.04916
Support 2$0.03477 - $0.04154
Resistance 1$0.05731 - $0.06305
Active 1$0.05436 - $0.06130
Scenario Analysis
Bullish scenario

EDEN clears the resistance zone at $0.05731 - $0.06305 and holds above it. That would strengthen the breakout case and shift attention to $0.05731 - $0.06305.

Bearish scenario

EDEN loses the support zone at $0.04347 - $0.04916. That would weaken the setup and open the way toward $0.03477 - $0.04154.

Neutral scenario

EDEN continues trading between $0.04916 and $0.05731. 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
$0.05700
Bullish
EDEN is trading above the 50-day average.
SMA200
$0.04936
Bullish
EDEN remains above the long-term trend line.
EMA50
$0.05705
Bullish
EDEN is holding above the 50-day exponential average, which supports the recent trend.
EMA200
$0.05700
Bullish
EDEN is above the 200-day exponential average, which keeps the longer-term structure constructive.
RSI (14)
48.63
Neutral
RSI (14) is at 48.63, which keeps momentum in a balanced range.
Stoch RSI (14)
45.81
Neutral
Stoch RSI (14) is at 45.81, which suggests momentum is active but not yet extreme.
MACD
-0.0005676
Bearish
MACD is below its signal line.
ATR
7.70%
Quiet
Volatility is below its 180-day median.
VWMA
$0.05981
Bearish
Price is below the volume-weighted average.
Commodity Channel Index (20)
-68.77
Neutral
CCI (20) is at -68.77, which keeps price relatively close to its recent average.
Awesome Oscillator (5, 34)
$-0.002253
Bearish
Awesome Oscillator is below zero at $-0.002253, which supports bearish momentum.
Williams Percent Range (14)
-53.64
Neutral
Williams Percent Range (14) is at -53.64, which keeps price in the middle of its recent range.
Bull Bear Power (13)
$-0.001313
Bearish
Bull Bear Power (13) is negative at $-0.001313, which suggests sellers are controlling price relative to the EMA baseline.
Ultimate Oscillator (7, 14, 28)
51.32
Neutral
Ultimate Oscillator is at 51.32, which suggests momentum is balanced across its short, medium, and long windows.
Hull Moving Average (9)
$0.05674
Bullish
EDEN is trading above the Hull Moving Average (9), which supports the near-term trend.
Ichimoku Cloud B/L (9, 26, 52, 26)
$0.05913
Bearish
EDEN is trading below the Ichimoku base line, which points to weaker structure.
Assets Similar to OpenEden

Over the past 7 days, OpenEden price was most positively correlated with the price of Tezos (XTZ), Official Trump (TRUMP), Zcash (ZEC), Jupiter (JUP) and Ethereum Classic (ETC) and most negatively correlated with the price of APENFT (NFT), Beldex (BDX), Morpho (MORPHO), TRON (TRX) and StarkNet (STRK).

Positively Correlated Currencies
NameCorrelation
Image of TezosTezos0.920
Image of Official TrumpOfficial Trump0.895
Image of ZcashZcash0.891
Image of JupiterJupiter0.891
Image of Ethereum ClassicEthereum Classic0.884
Negatively Correlated Currencies
NameCorrelation
Image of APENFTAPENFT-0.403
Image of BeldexBeldex-0.390
Image of MorphoMorpho-0.247
Image of TRONTRON-0.128
Image of StarkNetStarkNet-0.085

OpenEden price is positively correlated with the top 10 coins by market cap with a price of 0.417, excluding Tether (USDT) and positively correlated with the top 100 coins by market cap excluding all stablecoins with a price of 0.539. 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.

The CoinCheckup Cryptocurrency Price Tracker
Track over 40,000 crypto prices in real-time with ease.
Google Play Store link
4.3 • 10,000+ Ratings
Image of mobile app