Based on today's classical pivot point (P1) with the value of $0.0₅8917, ALP has support levels of $0.0₅8691, $0.0₅8566, and the strongest at $0.0₅8340. Similarly, ALP resistance levels are at $0.0₅9041, $0.0₅9268, and $0.0₅9392.
| # | Price | Strength |
|---|---|---|
| S1 | $0.0₅8691 | |
| S2 | $0.0₅8566 | |
| S3 | $0.0₅8340 |
| # | Price | Strength |
|---|---|---|
| R1 | $0.0₅9041 | |
| R2 | $0.0₅9268 | |
| R3 | $0.0₅9392 |
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) | 45.67 | NEUTRAL |
| Stoch RSI (14) | 44.71 | NEUTRAL |
| Stochastic Fast (14) | 43.57 | NEUTRAL |
| Commodity Channel Index (20) | 12.28 | NEUTRAL |
| Average Directional Index (14) | 34.40 | BUY |
| Awesome Oscillator (5, 34) | 0.00 | NEUTRAL |
| Momentum (10) | 0.00 | NEUTRAL |
| MACD (12, 26) | 0.00 | NEUTRAL |
| Williams Percent Range (14) | -56.43 | NEUTRAL |
| Bull Bear Power (13) | -0.00 | SELL |
| Ultimate Oscillator (7, 14, 28) | 40.71 | NEUTRAL |
| VWMA (10) | 0.00 | SELL |
| Hull Moving Average (9) | 0.00 | SELL |
| Ichimoku Cloud B/L (9, 26, 52, 26) | 0.00 | NEUTRAL |
Over the past 7 days, ALP price was most positively correlated with the price of Story (IP), Polkadot (DOT), Decred (DCR), NEAR Protocol (NEAR) and Cardano (ADA) and most negatively correlated with the price of Pi Network (PI), Zebec Network (ZBCN), TRON (TRX), DeXe (DEXE) and Sun Token (SUN).
| Name | Correlation |
|---|---|
| Story | 0.770 |
| Polkadot | 0.733 |
| Decred | 0.702 |
| NEAR Protocol | 0.679 |
| Cardano | 0.678 |
| Name | Correlation |
|---|---|
| Pi Network | -0.575 |
| Zebec Network | -0.559 |
| TRON | -0.515 |
| DeXe | -0.419 |
| Sun Token | -0.390 |
ALP price is positively correlated with the top 10 coins by market cap with a price of 0.453, excluding Tether (USDT) and positively correlated with the top 100 coins by market cap excluding all stablecoins with a price of 0.386.
Currencies that are positively correlated with ALP 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 ALP, a move in one direction for ALP would translate into a move in the opposite direction for the negatively correlated coin.
