#ERA
If the $1.35 resistance is broken, it will soar! Caldera Coin Rally is on the horizon🚀🚀
📈 Current Situation and Short-Term Trend
The price level is currently trading around $1.27. Intraday volatility is between $1.21 and $1.31, maintaining a slight positive momentum compared to the previous close. @Caldera Official$ERA
According to CoinGecko data, 24-hour volume is $409 million, indicating high market activity.
Technical Analysis
On a weekly basis, the 50-day MA is still below the 200-day MA, while the price is trading above both averages – suggesting a neutral outlook.
The MACD indicator remains negative on a weekly basis, indicating continued selling pressure.
According to TradingView and Binance analysis:
The RSI is in the 40s, meaning the market is still under pressure.
The support around $1.35 is being tested. Maintaining this level could open the door for a new price rally.
Fundamental Analysis and Catalysts
✅ Positive Developments
Exchange Listings: Listings on major exchanges like Binance, Coinbase, and Upbit have pushed the price up by 80–110%.
High on-chain activity: Strong fundamental data such as $1 billion+ TVL, 360M+ transactions, and 10M+ wallets are noteworthy.
Regulatory Trend: Promises of regulatory clarity, coupled with developments like "Crypto Week" in the US, are positively impacting risk appetite
