The latest quote for the ERA/USDT trading pair is 1.0350 USDT, a slight rise of 0.40% compared to yesterday. Market trading activity is moderate, and the overall atmosphere is tending towards stability.



From a technical analysis perspective, the recent ERA/USDT has experienced a period of consolidation followed by a slight rebound. The MACD indicator shows that the DIF line (-0.0012) and the DEA line (-0.0043) are gradually converging, which may form a golden cross, potentially indicating upward momentum in the price in the short term. However, investors still need to closely monitor whether it can break through key resistance levels.

In terms of support levels, investors should focus on the two price points of 0.9839 (recent low) and 0.9978 (psychological level). If the price falls below 0.9839, it may further test the support at 0.9798. Resistance levels are mainly concentrated around 1.0656 (recent high) and 1.0697 (strong resistance level); if it breaks through 1.0656, it may open up upward space towards 1.0975.

For investors intending to build a long position, it may be considered to gradually accumulate within the range of 1.0300-1.0330, setting the stop-loss below 0.9839, with a target price aimed at 1.0656. If the MACD golden cross is confirmed, investors with a higher risk tolerance may consider moderately increasing their position.

Currently, the RSI indicator shows 6.35%, indicating the early stage of a rebound from the oversold zone. The BOLL indicator's bandwidth is narrowing, suggesting that the market may continue to maintain a sideways pattern. Investors need to closely monitor the golden cross signals of the 7-day (0.40%) and 30-day moving averages, and combine this with the overall market trend to determine the direction of the future market.

Overall, ERA/USDT is currently at a critical technical position. Investors should remain patient and wait for clear breakthrough signals to avoid blindly chasing highs or bottom fishing. At the same time, it's important to constantly monitor changes in overall market sentiment and macro factors, and to manage risks effectively.
ERA1.11%
View Original
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 8
  • Repost
  • Share
Comment
0/400
SchrodingerWalletvip
· 7h ago
Waiting for the breakout of the resistance level
View OriginalReply0
FarmToRichesvip
· 08-15 02:07
It's time to grab some coins again.
View OriginalReply0
GigaBrainAnonvip
· 08-13 20:29
Blindly building a position, right? You'll know after losing everything.
View OriginalReply0
WhaleStalkervip
· 08-13 00:50
Sideways when looking horizontally, rise when looking vertically.
View OriginalReply0
TokenToastervip
· 08-13 00:45
Still dreaming of approaching 10700
View OriginalReply0
PrivateKeyParanoiavip
· 08-13 00:41
Are you analyzing the trap again? The chart is already known.
View OriginalReply0
MoneyBurnervip
· 08-13 00:39
All in and being soft-hearted, build a position with the full warehouse and go all the way!
View OriginalReply0
BlindBoxVictimvip
· 08-13 00:34
If you are bullish, I will run away!
View OriginalReply0
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate app
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)