Here is a simplified and ready-to-publish analysis today about currency $ERA
Caldera (symbol: ERA), suitable for BinanceSquare#
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🌌 Caldera (ERA) – Quick and Simplified Analysis
🔄 Current Price
Approximately 1.27 USD/ERA, with a slight decline of about -0.4% over the past 24 hours.
📈 Market Data
Market Cap: ~185 – 188 million USD
Daily Trading Volume: ~260 – 300 million USD
Circulating Supply: ~148.5 million ERA out of a total cap of up to one billion ERA
All-Time High (ATH): ~1.88 USD — the current price is about 35–43% lower than this
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🔧 What is the Caldera Project?
Caldera is a dedicated Layer-2 that supports improvements to Ethereum and other Blockchains by building dedicated, high-performance Rollup networks. It is used to operate within the Hera Finance system, where it runs for fee acquisition, staking, and governance within the ecosystem.
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📉 Simplified Technical Analysis
The current price is above the daily moving average (MA), but below the technical resistance level of ~1.30 USD.
The pressure remains slightly negative and may affect short-term price movement.
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✅ Key Technical Levels
Item Approximate Price
Near Support ~1.24 – 1.25 USD
Short Resistance ~1.30 USD
Positive Target ~1.38 – 1.45 USD if resistance is broken
**Alternative Target (Down)** ~1.10 USD or lower upon breaking support
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💡 Key Points for Investors:
A price decline of 5–10% from the previous moment -> reflects some sharp selling pressure.
