Caldera ($ERA ) has fallen in the last 24 hours. First, let's look at the data. Over the course of a day, the price decreased by 1.12%, but more notably — over the past 7 days, the decline was 13.46%, and over 30 days — 30.39%. This means that the decrease in the last day is part of a longer downward trend. $ERA
If we look at the technical analysis, the RSI indicators (for 7, 14, and 21 days) are around 38. This is close to the oversold zone, but not critically low. The moving averages (SMA and EMA for 7 and 30 days) are above the current price, indicating a bearish trend. The Fibonacci retracement levels show that the price is below the 78.6% level at $1.08 — the current price is $0.944. This indicates resistance if the price attempts to recover.
On August 15, a partnership with Mawari was announced — this is a positive signal. However, the price is still falling; perhaps the market did not react as expected. On August 13, ERA Force One was launched — a platform for community engagement. Also good news, but the price continues to decline. #ERA #Caldera @Caldera Official