why / elg

Why is Escoin down today?

−53.60% 24h
Short answer

Escoin (ELG) is down 54% in the last 24 hours, trading at $0.1349. That is 54% worse than the whole crypto market (+0.4%), so part of the move is specific to Escoin. It is now at its lowest price in 30 days.

· from live market data
ELG 24h−53.60%
Whole market 24h+0.35%
Bitcoin 24h+0.37%
Link to BTC (30d)0.18
Volume vs normal—
signals

What is moving Escoin

Strongest signals first.

Doing worse than the market

The total crypto market is +0.4% in 24 hours. ELG is −54%, 54% worse than the market, so part of the move is specific to Escoin.

Why is the crypto market moving? →

Lowest price in 30 days

ELG at $0.1349 is below every daily close of the past month (previous low $0.2900). Breaking a recent low can trigger stop-loss selling.

Moving on its own, not with Bitcoin

Over the last 30 days, ELG's daily moves had a 0.18 correlation with Bitcoin (1 means identical direction). That is low: ELG has mostly moved on its own lately, while Bitcoin is +0.4% today.

Bitcoin price →

Market mood: Fear (30)

The Crypto Fear & Greed Index reads 30 out of 100, unchanged from 30 yesterday. Sentiment is not extreme either way.

Fear & Greed Index →
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Liquidations, funding and open interest

See whether leveraged traders are being forced out of ELG positions right now, on the chart, in the Blockdeck app.

See VIP layers →
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Keep exploring Escoin

faq

Questions

Why is Escoin down today?

Escoin (ELG) is down 54% in the last 24 hours, trading at $0.1349. That is 54% worse than the whole crypto market (+0.4%), so part of the move is specific to Escoin. It is now at its lowest price in 30 days.

Will Escoin go back up?

Nobody can know that in advance, and Blockdeck does not make price predictions. What the data shows: ELG is −0.07% over 7 days and +0.47% over 30 days. Check the live chart and the signals above, and never trade more than you can afford to lose.

How is this explanation made?

From measured market data, refreshed every few minutes: the whole market's move, ELG's link to Bitcoin over 30 days, its sector, trading volume against its 30-day average, recent news, where the price sits in its range, and market sentiment. Nothing here is guessed or written by hand.

Explanations are built from market data and are not financial advice.