ELON is trading at $0.00040, down 4.37% over 24 hours with $38.98K in volume.

ELON Price Action Analysis

Elon Coin (ELON) is currently trading at $0.00040, having traded lower 4.37% over the last 24 hours in a volatile market environment. 24-hour trading volume stands at $38.98K. The price is currently below the lower Bollinger Band ($0.00041), indicating significant selling pressure.

ELON Trading Activity & Liquidity

Hourly trading data is not yet available for ELON. Available liquidity for ELON is $54.58K.

ELON Technical Analysis Summary

On the 1-hour timeframe, technical analysis generates a 'Sell' signal with Medium confidence. The MACD indicator suggests bearish momentum, as the MACD line (-0.0000077) is below the signal line (-0.0000067) with a negative histogram (-0.0000010). With the Average Directional Index (ADX) at 15.4, the current trend strength appears weak or the market is ranging. The Relative Strength Index (RSI) is currently 43.8, residing in neutral territory. Other oscillators like Stochastic %K (19.2) is oversold, CCI (-98.2) is neutral, Williams %R (-82.2) is oversold provide further context on short-term price momentum.

ELON Price Prediction & Market Sentiment

The current outlook suggests that the short-term sentiment for ELON appears cautiously pessimistic. ELON could test lower support levels. Support near $0.00041 (lower Bollinger Band) could provide a floor. Current liquidity is $54.58K. The price is currently below the 20-period EMA ($0.00041), which reinforces the bearish outlook.