Based on today's classical pivot point (P1) with the value of $0.00002064, 2016 coin has support levels of $0.00001934, $0.00001820, and the strongest at $0.00001690. Similarly, 2016 coin resistance levels are at $0.00002178, $0.00002308, and $0.00002422.
| # | Price | Strength |
|---|---|---|
| S1 | $0.00001934 | |
| S2 | $0.00001820 | |
| S3 | $0.00001690 |
| # | Price | Strength |
|---|---|---|
| R1 | $0.00002178 | |
| R2 | $0.00002308 | |
| R3 | $0.00002422 |
Technical indicators are an essential tool for conducting technical analysis. They provide insights into an asset's market status, investor sentiment, and more, thereby helping investors make more informed trading decisions.
| Period | Value | Action |
|---|---|---|
| RSI (14) | 33.96 | NEUTRAL |
| Stoch RSI (14) | 18.25 | BUY |
| Stochastic Fast (14) | 10.81 | BUY |
| Commodity Channel Index (20) | -89.22 | NEUTRAL |
| Average Directional Index (14) | 26.27 | SELL |
| Awesome Oscillator (5, 34) | -0.00 | NEUTRAL |
| Momentum (10) | -0.00 | NEUTRAL |
| MACD (12, 26) | 0.00 | NEUTRAL |
| Williams Percent Range (14) | -89.19 | BUY |
| Bull Bear Power (13) | -0.00 | NEUTRAL |
| Ultimate Oscillator (7, 14, 28) | 39.66 | NEUTRAL |
| VWMA (10) | 0.00 | SELL |
| Hull Moving Average (9) | 0.00 | BUY |
| Ichimoku Cloud B/L (9, 26, 52, 26) | 0.00 | NEUTRAL |
Over the past 7 days, 2016 coin price was most positively correlated with the price of Mantle (MNT), Immutable X (IMX), Solana (SOL), Kaspa (KAS) and XRP (XRP) and most negatively correlated with the price of Pudgy Penguins (PENGU), Terra Classic (LUNC), JUST (JST), Morpho (MORPHO) and Pi Network (PI).
| Name | Correlation |
|---|---|
| Mantle | 0.768 |
| Immutable X | 0.759 |
| Solana | 0.744 |
| Kaspa | 0.728 |
| XRP | 0.711 |
| Name | Correlation |
|---|---|
| Pudgy Penguins | -0.631 |
| Terra Classic | -0.593 |
| JUST | -0.557 |
| Morpho | -0.430 |
| Pi Network | -0.318 |
2016 coin price is positively correlated with the top 10 coins by market cap with a price of 0.357, excluding Tether (USDT) and positively correlated with the top 100 coins by market cap excluding all stablecoins with a price of 0.338.
Currencies that are positively correlated with 2016 coin indicate that the movement of one has a statistically significant weight to lead the other in the same direction. For currencies that are negatively correlated with 2016 coin, a move in one direction for 2016 coin would translate into a move in the opposite direction for the negatively correlated coin.
