ECHELON PRIME - PRIME/USD - 1H - Technical analysis published on 04/17/2025 (GMT)
- 126
- 0
- Timeframe : 1H
- - Analysis generated on
- Status : NEUTRAL
Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Bearish
Technical indicators
56%
11%
33%
My opinion
Neutral between 2.24 USD and 2.57 USD
My targets
-
My analysis
The strong short-term increase on ECHELON PRIME - PRIME/USD is in contrast to the bearish trend. Buyers are trying to regain control of the asset and a reversal of the trend could be possible. It would be interesting to understand what caused such a rebound. Has an economic announcement impacting the basics been published? As long as the price remains above 2.24 USD, you could take advantage of the short-term boom. The first bullish objective would be 2.57 USD. Then the price could move towards 2.87 USD. Then 3.04 USD by extension. Attention should be paid to the reaction of the price on these resistances to see if the sellers show up. Be careful, a return below 2.24 USD could be a sign of a reversal of the bearish trend.
Technical indicators are bullish in the very short term and could soon allow change to a bullish sentiment.
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Additional analysis
Quotes
The ECHELON PRIME - PRIME/USD price is 2.41 USD. On the day, this instrument gained +6.17% and was traded between 2.17 USD and 2.56 USD over the period. The price is currently at +11.06% from its lowest and -5.86% from its highest.2.17
2.56
2.41
The Central Gaps scanner detects a bullish opening marking the presence of buyers ahead of sellers at the opening but not sufficiently marked to allow the price to register a quotation gap.
Bullish opening
Type : Bullish
Timeframe : Openning
So that you have an overall view of the price change, here is a table showing the variations over several periods:
New LOW record (5 years)
Type : Bearish
Timeframe : Weekly
New LOW record (1 year)
Type : Bearish
Timeframe : Weekly
New LOW record (1st january)
Type : Bearish
Timeframe : Weekly
New LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Technical
Technical analysis of ECHELON PRIME - PRIME/USD in 1H shows an overall bearish trend. 64.29% of the signals given by moving averages are bearish. Caution: the strong bullish signals currently being given by short-term moving averages indicate that this trend could quickly be called into question. A phase of indecision or a reversal of the trend could occur. There is no crossing of moving average by the price or crossing of moving averages between themselves.
In fact, 10 technical indicators on 18 studied are currently bullish. Caution: the Central Indicators scanner currently detects an excess:
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : 1 hour
CCI indicator: bearish divergence
Type : Bearish
Timeframe : 1 hour
The analysis of the price chart with Central Patterns scanners does not return any result.
No result was found by the Central Candlesticks scanner on Japanese candlesticks.
ProTrendLines
S1
R1
R2
R3
Price
| S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|
| ProTrendLines | 2.24 | 2.41 | 2.42 | 2.87 | 3.04 |
| Change (%) | -7.05% | - | +0.41% | +19.09% | +26.14% |
| Change | -0.17 | - | +0.01 | +0.46 | +0.63 |
| Level | Intermediate | - | Minor | Intermediate | Intermediate |
To determine price objectives, it is also possible to use the pivot points. Here is the price position in relation to pivot points:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 2.02 | 2.13 | 2.20 | 2.31 | 2.38 | 2.49 | 2.56 |
| Camarilla | 2.22 | 2.24 | 2.25 | 2.27 | 2.29 | 2.30 | 2.32 |
| Woodie | 2.00 | 2.12 | 2.18 | 2.30 | 2.36 | 2.48 | 2.54 |
| Fibonacci | 2.13 | 2.20 | 2.24 | 2.31 | 2.38 | 2.42 | 2.49 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1.75 | 2.22 | 2.57 | 3.04 | 3.39 | 3.86 | 4.21 |
| Camarilla | 2.71 | 2.78 | 2.86 | 2.93 | 3.01 | 3.08 | 3.16 |
| Woodie | 1.70 | 2.19 | 2.52 | 3.01 | 3.34 | 3.83 | 4.16 |
| Fibonacci | 2.22 | 2.53 | 2.72 | 3.04 | 3.35 | 3.54 | 3.86 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | -0.24 | 1.33 | 2.51 | 4.08 | 5.26 | 6.83 | 8.01 |
| Camarilla | 2.92 | 3.18 | 3.43 | 3.68 | 3.93 | 4.18 | 4.44 |
| Woodie | -0.45 | 1.23 | 2.31 | 3.98 | 5.06 | 6.73 | 7.81 |
| Fibonacci | 1.33 | 2.38 | 3.03 | 4.08 | 5.13 | 5.78 | 6.83 |
Numerical data
The following is the status of technical indicators and moving averages registered at the time this technical analysis was created:
Technical indicators
Moving averages
| RSI (14): | 53.54 | |
| MACD (12,26,9): | 0.0000 | |
| Directional Movement: | 29.31 | |
| AROON (14): | 42.86 | |
| DEMA (21): | 2.29 | |
| Parabolic SAR (0,02-0,02-0,2): | 2.18 | |
| Elder Ray (13): | 0.14 | |
| Super Trend (3,10): | 2.24 | |
| Zig ZAG (10): | 2.35 | |
| VORTEX (21): | 1.0500 | |
| Stochastique (14,3,5): | 68.14 | |
| TEMA (21): | 2.34 | |
| Williams %R (14): | -55.26 | |
| Chande Momentum Oscillator (20): | 0.09 | |
| Repulse (5,40,3): | -1.2900 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | -0.1100 | |
| Courbe Coppock: | 2.87 |
| MA7: | 2.58 | |
| MA20: | 3.05 | |
| MA50: | 3.66 | |
| MA100: | 6.46 | |
| MAexp7: | 2.34 | |
| MAexp20: | 2.31 | |
| MAexp50: | 2.37 | |
| MAexp100: | 2.51 | |
| Price / MA7: | -6.59% | |
| Price / MA20: | -20.98% | |
| Price / MA50: | -34.15% | |
| Price / MA100: | -62.69% | |
| Price / MAexp7: | +2.99% | |
| Price / MAexp20: | +4.33% | |
| Price / MAexp50: | +1.69% | |
| Price / MAexp100: | -3.98% |
Quotes :
-
Real time data
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CoinMarketCap
This member declared not having a position on this financial instrument or a related financial instrument.
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