Even after recent moves, price is 59.0% under the 90-day peak at 0.155, so plenty of overhead supply sits between here and that high. The move under the MA25 (0.0664) is recent, five days old. Sellers showed up near 0.0727 today and pushed price back down.
Putting it together: $ERA at 0.0636 is still in a daily downtrend. Bulls need 0.0664 back on a closing basis before this looks like more than a bounce.
$ERA is 9.98% ahead of $BTC (+0.63%) on the day; $INJ is the nearest comparable at +0.52%.
Putting it together: $ERA at 0.0636 is still in a daily downtrend. Bulls need 0.0664 back on a closing basis before this looks like more than a bounce.
$ERA is 9.98% ahead of $BTC (+0.63%) on the day; $INJ is the nearest comparable at +0.52%.