EGLD (EGLD) Bollinger Bands Analysis— 1H Timeframe

Real-time Bollinger Bands technical analysis for EGLD. Updated Jan 10, 2026.

Technical Signal

SELL
Algo Confidence: 56%
Current Val
6.26
Timeframe
1H

Market Diagnostics

Trend Strength
75/100
Momentum Flow
Positive
Volatility State
Expansion
Metrics indicate calculated technical states, not financial advice.

AI Analysis Engine

Market Structure

Current Bollinger Bands data indicates EGLD faces headwinds. The 1H structure suggests distribution may be underway.

Technical Outlook

RSI at 75.3 signals overbought conditions, suggesting potential pullback. Consider risk management. Strong downtrend (75/100) reinforces the bearish outlook. Hourly signals are suitable for short-term positioning and scalping strategies.

Price Action & Trades

EGLD / 1H

Signal History

Success Rate (Last 20)
75%
Avg Move+2.18%
Max Drawdown-1.13%
Profit Factor6.74

Volatility Analysis

LowMediumHigh
ATR (14)0.17
Std Dev (20)0.21

Key Levels

RES 2$7.6133
RES 1$7.0767
Current Price$6.5400
SUP 1$5.9567
SUP 2$5.3733

Recent Signal History

DateSignal TypePrice Level
2026-01-09 19:00Short$6.22
2026-01-09 18:00Short$6.29
2026-01-09 13:00Long$5.96
2026-01-08 15:00Long$6.04
2026-01-08 10:00Long$6.10

Frequently Asked Questions

Is EGLD Bollinger Bands currently bullish?
No, based on the 1H timeframe analysis, EGLD (EGLD) is showing a Sell signal, indicating bearish pressure.
What are the key resistance levels for EGLD?
Current price is $6.5400. Immediate resistance is observed near $7.0767, while key support is establishing around $5.9567.
How reliable is this 1H signal for EGLD?
The 1H Bollinger Bands signal for EGLD has moderate reliability. For better accuracy, combine with other indicators and timeframes. Always use proper risk management.
Is EGLD trading near Bollinger Band extremes?
EGLD's position relative to Bollinger Bands suggests price near upper band - extended move, potential mean reversion.
Is 1H the best timeframe for trading EGLD?
The 1H timeframe for EGLD is ideal for day trading and scalping. It captures intraday momentum but may produce more noise. Combine with 4H for trend confirmation.
Should I buy or sell EGLD based on this analysis?
A Sell signal is active for EGLD on 1H. Exercise caution with long positions. This is not financial advice - always do your own due diligence.

Financial Disclaimer & Risk Disclosure

Disclaimer: These signals are generated by algorithms and backtesting data. Not financial advice. Crypto trading involves high risk. This content is for informational and educational purposes only and does not constitute financial, investment, legal, or other professional advice. You could lose some or all of your initial investment. Past performance is not indicative of future results. Please consult with a qualified financial advisor before making any investment decisions. CryptoStrategy accepts no liability for any loss or damage whatsoever caused in reliance upon such information or services.