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why it's continue falling $ERA
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#WriteToEarnUpgrade juma Mubarak
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$BTC
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$ERA Spot ERA Insights 20251210 21:00 UTC TLDR ERA has experienced a modest price increase over the past 24 hours, driven by technical indicators and recent ecosystem developments. Let's delve deeper: 1. Technical Momentum: ERA exhibits bullish technicals with positive MACD and ascending EMA indicators. 2. Ecosystem Growth: Caldera expanded ERA to Arbitrum One, enhancing crosschain functionality via Metalayer. 3. Market Caution: The token faces resistance and has shown recent volatility, leading to mixed community views. Positives 1. Bullish Technicals: ERA's MACD shows a bullish crossover with a positive histogram, while the 7period EMA remains above the 25 and 99period EMAs, signaling an established upward trend. 2. Price Rebound: The token price has increased by approximately 3.0% in the last 24 hours, with community discussions frequently highlighting a rebound from support and strong buying interest. 3. Strategic Expansion: Caldera officially launched its Onchain Expansion Plan, integrating ERA onto Arbitrum One with an ERA/USDC liquidity pool, leveraging its Metalayer technology for enhanced crosschain capabilities. Risks 1. Resistance Challenges: Despite recent gains, some community posts indicate that ERA is encountering resistance levels, suggesting potential for profittaking or shortterm downward pressure around the $0.24$0.25 range. 2. Recent Volatility: ERA was recently identified as a "top loser" with an 8.34% price drop, indicating recent market volatility and a potential coolingoff period after a previous price spike. 3. Low Trading Concentration: Money Flow data consistently shows low trading concentration (below 13%), suggesting a lack
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