Based on today's classical pivot point (P1) with the value of $0.008334, Alvara Protocol has support levels of $0.007736, $0.007170, and the strongest at $0.006572. Similarly, Alvara Protocol resistance levels are at $0.008900, $0.009498, and $0.01006.
| # | Price | Strength |
|---|---|---|
| S1 | $0.007736 | |
| S2 | $0.007170 | |
| S3 | $0.006572 |
| # | Price | Strength |
|---|---|---|
| R1 | $0.008900 | |
| R2 | $0.009498 | |
| R3 | $0.01006 |
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) | 48.66 | NEUTRAL |
| Stoch RSI (14) | 16.17 | BUY |
| Stochastic Fast (14) | 30.91 | NEUTRAL |
| Commodity Channel Index (20) | -44.82 | NEUTRAL |
| Average Directional Index (14) | 20.27 | NEUTRAL |
| Awesome Oscillator (5, 34) | 0.00 | NEUTRAL |
| Momentum (10) | -0.00 | NEUTRAL |
| MACD (12, 26) | 0.00 | NEUTRAL |
| Williams Percent Range (14) | -69.09 | NEUTRAL |
| Bull Bear Power (13) | -0.00 | SELL |
| Ultimate Oscillator (7, 14, 28) | 54.48 | NEUTRAL |
| VWMA (10) | 0.01 | SELL |
| Hull Moving Average (9) | 0.01 | SELL |
| Ichimoku Cloud B/L (9, 26, 52, 26) | 0.01 | NEUTRAL |
Over the past 7 days, Alvara Protocol price was most positively correlated with the price of Sun Token (SUN), Bitcoin Cash (BCH), Immutable X (IMX), NEAR Protocol (NEAR) and Official Trump (TRUMP) and most negatively correlated with the price of Jupiter (JUP), Pi Network (PI), Jasmy (JASMY), Terra Classic (LUNC) and Gnosis (GNO).
| Name | Correlation |
|---|---|
| Sun Token | 0.593 |
| Bitcoin Cash | 0.483 |
| Immutable X | 0.482 |
| NEAR Protocol | 0.475 |
| Official Trump | 0.473 |
| Name | Correlation |
|---|---|
| Jupiter | -0.611 |
| Pi Network | -0.604 |
| Jasmy | -0.573 |
| Terra Classic | -0.539 |
| Gnosis | -0.521 |
Alvara Protocol price is negatively correlated with the top 10 coins by market cap with a price of -0.115, excluding Tether (USDT) and positively correlated with the top 100 coins by market cap excluding all stablecoins with a price of 0.063.
Currencies that are positively correlated with Alvara Protocol 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 Alvara Protocol, a move in one direction for Alvara Protocol would translate into a move in the opposite direction for the negatively correlated coin.
