The current price $ERA has fallen by 5.08% over the past day and is $0.812. The trading volume over 24 hours is around $21 million, which is 51.21% higher. The market capitalization is approximately $120 million. Technical analysis includes moving averages, MACD, RSI, and Fibonacci levels. The RSI index is around 35-36, which is close to the oversold zone. $ERA
The global crypto market has also fallen by 2.93% over the same period, so the decline of ERA may be part of the overall market trend. The fear and greed index is in the neutral zone, and the altcoin season index is at 46, slightly decreased. Bitcoin dominance is increasing, which often leads to a decrease in altcoin activity.
From a technical perspective, the price is below key moving averages, RSI is low, but not yet in the oversold zone. Fibonacci retracement levels show resistance in the range of $1.04–$1.19, to which the price is not approaching. The pivot point is at $0.8575, which is above the current price and indicates bearish sentiment. #ERA #Caldera @Caldera Official