Based on today's classical pivot point (P1) with the value of $0.0₅8788, ALP has support levels of $0.0₅8639, $0.0₅8520, and the strongest at $0.0₅8371. Similarly, ALP resistance levels are at $0.0₅8907, $0.0₅9055, and $0.0₅9175.
| # | Price | Strength |
|---|---|---|
| S1 | $0.0₅8639 | |
| S2 | $0.0₅8520 | |
| S3 | $0.0₅8371 |
| # | Price | Strength |
|---|---|---|
| R1 | $0.0₅8907 | |
| R2 | $0.0₅9055 | |
| R3 | $0.0₅9175 |
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) | 72.99 | SELL |
| Stoch RSI (14) | 100.00 | SELL |
| Stochastic Fast (14) | 48.43 | NEUTRAL |
| Commodity Channel Index (20) | 135.50 | SELL |
| Average Directional Index (14) | 29.44 | BUY |
| Awesome Oscillator (5, 34) | 0.00 | NEUTRAL |
| Momentum (10) | 0.00 | NEUTRAL |
| MACD (12, 26) | 0.00 | NEUTRAL |
| Williams Percent Range (14) | -51.57 | NEUTRAL |
| Bull Bear Power (13) | 0.00 | NEUTRAL |
| Ultimate Oscillator (7, 14, 28) | 36.31 | NEUTRAL |
| VWMA (10) | 0.00 | BUY |
| Hull Moving Average (9) | 0.00 | BUY |
| 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 Floki Inu (FLOKI), Quant (QNT), Ondo Finance (ONDO), Celestia (TIA) and Optimism (OP) and most negatively correlated with the price of Canton (CC), Pi Network (PI), KuCoin Token (KCS), Nexo (NEXO) and Ethereum (ETH).
| Name | Correlation |
|---|---|
| Floki Inu | 0.818 |
| Quant | 0.801 |
| Ondo Finance | 0.784 |
| Celestia | 0.776 |
| Optimism | 0.770 |
| Name | Correlation |
|---|---|
| Canton | -0.711 |
| Pi Network | -0.691 |
| KuCoin Token | -0.630 |
| Nexo | -0.590 |
| Ethereum | -0.581 |
ALP price is positively correlated with the top 10 coins by market cap with a price of 0.202, excluding Tether (USDT) and positively correlated with the top 100 coins by market cap excluding all stablecoins with a price of 0.339.
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.
