Based on today's classical pivot point (P1) with the value of $0.009623, Areon Network has support levels of $0.008984, $0.008448, and the strongest at $0.007809. Similarly, Areon Network resistance levels are at $0.01016, $0.01080, and $0.01133.
| # | Price | Strength |
|---|---|---|
| S1 | $0.008984 | |
| S2 | $0.008448 | |
| S3 | $0.007809 |
| # | Price | Strength |
|---|---|---|
| R1 | $0.01016 | |
| R2 | $0.01080 | |
| R3 | $0.01133 |
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) | 39.81 | NEUTRAL |
| Stoch RSI (14) | 9.25 | BUY |
| Stochastic Fast (14) | 8.83 | BUY |
| Commodity Channel Index (20) | -144.53 | BUY |
| Average Directional Index (14) | 22.74 | NEUTRAL |
| Awesome Oscillator (5, 34) | -0.00 | SELL |
| Momentum (10) | -0.00 | NEUTRAL |
| MACD (12, 26) | -0.00 | NEUTRAL |
| Williams Percent Range (14) | -91.17 | BUY |
| Bull Bear Power (13) | -0.00 | NEUTRAL |
| Ultimate Oscillator (7, 14, 28) | 32.66 | NEUTRAL |
| VWMA (10) | 0.01 | SELL |
| Hull Moving Average (9) | 0.01 | BUY |
| Ichimoku Cloud B/L (9, 26, 52, 26) | 0.01 | NEUTRAL |
Over the past 7 days, Areon Network price was most positively correlated with the price of Immutable X (IMX), Aster (ASTER), Algorand (ALGO), Aptos (APT) and Mantle (MNT) and most negatively correlated with the price of Uniswap (UNI), LEO Token (LEO), Jupiter (JUP), Binance Coin (BNB) and Decred (DCR).
| Name | Correlation |
|---|---|
| Immutable X | 0.897 |
| Aster | 0.884 |
| Algorand | 0.877 |
| Aptos | 0.853 |
| Mantle | 0.852 |
| Name | Correlation |
|---|---|
| Uniswap | -0.739 |
| LEO Token | -0.732 |
| Jupiter | -0.698 |
| Binance Coin | -0.590 |
| Decred | -0.579 |
Areon Network price is positively correlated with the top 10 coins by market cap with a price of 0.481, excluding Tether (USDT) and positively correlated with the top 100 coins by market cap excluding all stablecoins with a price of 0.470.
Currencies that are positively correlated with Areon Network 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 Areon Network, a move in one direction for Areon Network would translate into a move in the opposite direction for the negatively correlated coin.
