Image of WeETH
WeETHWrapped eETH
$2,705.27
-2.10%
1D

Wrapped eETH Analysis

Investment Score
A quick view into Wrapped eETH's investment prospects.
7.6

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

What is helping
  • Price is holding above the volume-weighted average, which suggests the move still has volume-backed support.
  • 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.
  • 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: 94%
Why this state?
  • WeETH 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
WeETH is trading above key moving averages and the medium-term trend is still rising.
Momentum
Neutral
RSI is 64.17, which is neither overbought nor oversold.
Volatility
Quiet
WeETH ATR volatility is below the 60th percentile of its trailing 180-day history.
Key Levels
Resistance zone
$2,775.24 - $3,211.63
Active zone
$2,486.73 - $2,764.06
Support zone
$2,187.45 - $2,322.14
Chart Patterns
SMA50
SMA100
SMA200
RSI
Neutral
MACD
Bearish
ATR%
Quiet
Volume
High
Support & Resistance

Wrapped eETH 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
$2,187.45 - $2,322.14
Resistance zone
$2,775.24 - $3,211.63
Active zone
$2,486.73 - $2,764.06
Levels Table
LevelZoneStrength
Support 1$2,187.45 - $2,322.14
Support 2$1,907.55 - $2,062.92
Support 3$1,612.85 - $1,747.53
Resistance 1$2,775.24 - $3,211.63
Resistance 2$3,212.62 - $3,490.61
Resistance 3$3,549.31 - $4,031.39
Resistance 4$4,060.94 - $4,420.20
Active 1$2,486.73 - $2,764.06
Scenario Analysis
Bullish scenario

WeETH clears the resistance zone at $2,775.24 - $3,211.63 and holds above it. That would strengthen the breakout case and shift attention to $3,212.62 - $3,490.61.

Bearish scenario

WeETH loses the support zone at $2,187.45 - $2,322.14. That would weaken the setup and open the way toward $1,907.55 - $2,062.92.

Neutral scenario

WeETH continues trading between $2,322.14 and $2,775.24. 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
$2,285.09
Bullish
WeETH is trading above the 50-day average.
SMA200
$2,225.81
Bullish
WeETH remains above the long-term trend line.
EMA50
$2,368.68
Bullish
WeETH is holding above the 50-day exponential average, which supports the recent trend.
EMA200
$2,375.06
Bullish
WeETH is above the 200-day exponential average, which keeps the longer-term structure constructive.
RSI (14)
64.17
Neutral
RSI (14) is at 64.17, which keeps momentum in a balanced range.
Stoch RSI (14)
16.39
Oversold
Stoch RSI (14) is low at 16.39, which shows momentum is pressing near its recent lower extreme.
MACD
136.34
Bearish
MACD is below its signal line.
ATR
3.82%
Quiet
Volatility is below its 180-day median.
VWMA
$2,663.35
Bullish
Price is above the volume-weighted average.
Commodity Channel Index (20)
49.98
Neutral
CCI (20) is at 49.98, which keeps price relatively close to its recent average.
Awesome Oscillator (5, 34)
$306.39
Bullish
Awesome Oscillator is above zero at $306.39, which supports bullish momentum.
Williams Percent Range (14)
-45.59
Neutral
Williams Percent Range (14) is at -45.59, which keeps price in the middle of its recent range.
Bull Bear Power (13)
$80.58
Bullish
Bull Bear Power (13) is positive at $80.58, which suggests buyers are controlling price relative to the EMA baseline.
Ultimate Oscillator (7, 14, 28)
45.94
Neutral
Ultimate Oscillator is at 45.94, which suggests momentum is balanced across its short, medium, and long windows.
Hull Moving Average (9)
$2,688.64
Bullish
WeETH is trading above the Hull Moving Average (9), which supports the near-term trend.
Ichimoku Cloud B/L (9, 26, 52, 26)
$2,426.07
Bullish
WeETH is trading above the Ichimoku base line, which supports bullish structure.
Assets Similar to Wrapped eETH

Over the past 7 days, Wrapped eETH price was most positively correlated with the price of Ethereum (ETH), Chainlink (LINK), XRP (XRP), Bitcoin (BTC) and Aerodrome Finance (AERO) and most negatively correlated with the price of APENFT (NFT), Filecoin (FIL), Pyth Network (PYTH), Bonk (BONK) and Jasmy (JASMY).

Positively Correlated Currencies
NameCorrelation
Image of EthereumEthereum0.958
Image of ChainlinkChainlink0.889
Image of XRPXRP0.871
Image of BitcoinBitcoin0.840
Image of Aerodrome FinanceAerodrome Finance0.839
Negatively Correlated Currencies
NameCorrelation
Image of APENFTAPENFT-0.415
Image of FilecoinFilecoin-0.222
Image of Pyth NetworkPyth Network-0.185
Image of BonkBonk-0.107
Image of JasmyJasmy-0.105

Wrapped eETH price is positively correlated with the top 10 coins by market cap with a price of 0.456, excluding Tether (USDT) and positively correlated with the top 100 coins by market cap excluding all stablecoins with a price of 0.426. Currencies that are positively correlated with Wrapped eETH 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 Wrapped eETH, a move in one direction for Wrapped eETH would translate into a move in the opposite direction for the negatively correlated coin.

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