1. Price Snapshot & Market Overview
Live Price: ~$0.833 (a drop of ~6–7% in the last 24 hours)
Market Cap: ~$125–$126 million, with a circulating supply of 148.5 million ERA tokens
Volume (24h): Between $28M and $32M, indicating a ~10–16% decrease from prior days
This places ERA firmly in the mid-cap altcoin category, where volatility tends to be heightened.
2. Influencing Factors Behind the Decline
A. Token Unlock Pressure
@Caldera Official is in the spotlight this week with $6.89 million worth of ERA tokens unlocking, accounting for almost 5% of its market cap. This influx of supply typically adds downward pressure on price.
B. Technical Breakdown
ERA has slipped below key support thresholds (7-day and 30-day SMAs at ~$0.96–$1.09), testing the Fibonacci level near $0.878. RSI is lower but not yet oversold, which could allow further downside.
C. Altcoin Risk-Off Sentiment
With Bitcoin dominance rising to 59%, capital is rotating into BTC and away from alts. ERA is underperforming the broader market, which is down ~2–3%.
D. Profit-Taking Post-News
The recent Mawari XR streaming partnership (August 15) and ERA Force One launch (August 13) initially lifted sentiment. However, the rally has faded, and volume has dropped ~17%, suggesting profit-taking behavior.
4. Future Outlook & Predictions
Near-Term (Weeks Ahead)
Caldera’s price may remain suppressed unless token unlock pressures ease and momentum returns. A strong breakout above $0.90–$0.95 with growing volume would be a bullish signal.
Mid-Term (September–November 2025)
CoinCodex predicts:
September: ERA could climb to ~$0.686 (~17% upside)
October: Slight pullback predicted (~$0.67)
November: Possible rebound to ~$0.64–$0.66 (20%+ potential)
Long-Term (2026+)
More optimistic forecasts suggest ERA may trade at an average of $1.28 in 2026, with peaks near $2.40 possible if adoption and market sentiment align.
