Based on today's classical pivot point (P1) with the value of $0.05869, Aleo has support levels of $0.05736, $0.05669, and the strongest at $0.05536. Similarly, Aleo resistance levels are at $0.05936, $0.06069, and $0.06136.
| # | Price | Strength |
|---|---|---|
| S1 | $0.05736 | |
| S2 | $0.05669 | |
| S3 | $0.05536 |
| # | Price | Strength |
|---|---|---|
| R1 | $0.05936 | |
| R2 | $0.06069 | |
| R3 | $0.06136 |
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) | 34.24 | NEUTRAL |
| Stoch RSI (14) | 61.04 | NEUTRAL |
| Stochastic Fast (14) | 32.00 | NEUTRAL |
| Commodity Channel Index (20) | -72.45 | NEUTRAL |
| Average Directional Index (14) | 28.06 | SELL |
| Awesome Oscillator (5, 34) | -0.01 | NEUTRAL |
| Momentum (10) | 0.00 | NEUTRAL |
| MACD (12, 26) | 0.00 | NEUTRAL |
| Williams Percent Range (14) | -68.00 | NEUTRAL |
| Bull Bear Power (13) | -0.01 | NEUTRAL |
| Ultimate Oscillator (7, 14, 28) | 43.17 | NEUTRAL |
| VWMA (10) | 0.06 | SELL |
| Hull Moving Average (9) | 0.06 | SELL |
| Ichimoku Cloud B/L (9, 26, 52, 26) | 0.07 | NEUTRAL |
Over the past 7 days, Aleo price was most positively correlated with the price of OKB (OKB), Ethena (ENA), Immutable X (IMX), Internet Computer (ICP) and Mantle (MNT) and most negatively correlated with the price of JUST (JST), DeXe (DEXE), Sun Token (SUN), LEO Token (LEO) and TRON (TRX).
| Name | Correlation |
|---|---|
| OKB | 0.957 |
| Ethena | 0.957 |
| Immutable X | 0.953 |
| Internet Computer | 0.952 |
| Mantle | 0.950 |
| Name | Correlation |
|---|---|
| JUST | -0.937 |
| DeXe | -0.934 |
| Sun Token | -0.863 |
| LEO Token | -0.792 |
| TRON | -0.684 |
Aleo price is positively correlated with the top 10 coins by market cap with a price of 0.802, excluding Tether (USDT) and positively correlated with the top 100 coins by market cap excluding all stablecoins with a price of 0.699.
Currencies that are positively correlated with Aleo 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 Aleo, a move in one direction for Aleo would translate into a move in the opposite direction for the negatively correlated coin.
