I want to understand the question: why has the price of Caldera ($ERA ) increased over the past 24 hours?
To start, let's look at the price data. The current value is $0.944, which is 3.48% higher than it was a day ago. This is a moderate increase. However, in the last 7 days, the price has fallen by 7.22%, and over the last 30 days, it has decreased by 37.75%. So, the short-term increase occurs against a backdrop of a longer-term decline.$ERA
Next, let's look at the news and events related to Caldera. The latest news from August 15, 2025, is a partnership with Mawari for the launch of the Mawari Network. This collaboration will allow Mawari to integrate with the Caldera metalayer, enhancing the streaming of AR/VR content. Positive news about partnerships often contributes to price growth.
Another piece of news from August 13 is the launch of ERA Force One, a platform for the community of token holders. Such initiatives help increase engagement and demand for the token.
If we look at the technical analysis, RSI7 is 32.93, which is close to the oversold zone (below 30 is considered oversold). This may indicate a possible rebound, as traders see an opportunity to buy. The price is also above the pivot point level ($0.92642), which is a short-term bullish signal.
However, there are also contradictions. For example, SMA7 is 1.01, and the current price of $0.944 is below this value, which may indicate resistance. Nevertheless, the price is moving up. The trading volume over the past 24 hours has increased by 27.27%, indicating heightened activity, usually accompanying price changes.
Compared to the overall cryptocurrency market, the market capitalization has increased by only 0.57% over the day, so the 3.48% rise of ERA looks better than the market. The fear and greed index is neutral, meaning market sentiment is not a major factor. The altcoin season index at 42 has decreased by 2.33%, indicating a lack of a broad altcoin rally.
