Based on today's classical pivot point (P1) with the value of $0.9921, Balance Coin has support levels of $0.9885, $0.9867, and the strongest at $0.9831. Similarly, Balance Coin resistance levels are at $0.9939, $0.9975, and $0.9993.
| # | Price | Strength |
|---|---|---|
| S1 | $0.9885 | |
| S2 | $0.9867 | |
| S3 | $0.9831 |
| # | Price | Strength |
|---|---|---|
| R1 | $0.9939 | |
| R2 | $0.9975 | |
| R3 | $0.9993 |
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) | 49.27 | NEUTRAL |
| Stoch RSI (14) | 73.64 | NEUTRAL |
| Stochastic Fast (14) | 68.88 | NEUTRAL |
| Commodity Channel Index (20) | -36.01 | NEUTRAL |
| Average Directional Index (14) | 25.33 | SELL |
| Awesome Oscillator (5, 34) | -0.01 | NEUTRAL |
| Momentum (10) | -0.01 | NEUTRAL |
| MACD (12, 26) | -0.00 | NEUTRAL |
| Williams Percent Range (14) | -31.12 | NEUTRAL |
| Bull Bear Power (13) | 0.01 | NEUTRAL |
| Ultimate Oscillator (7, 14, 28) | 43.09 | NEUTRAL |
| VWMA (10) | 0.99 | SELL |
| Hull Moving Average (9) | 0.99 | BUY |
| Ichimoku Cloud B/L (9, 26, 52, 26) | 0.98 | NEUTRAL |
Over the past 7 days, Balance Coin price was most positively correlated with the price of Worldcoin (WLD), GateToken (GT), Jasmy (JASMY), Dash (DASH) and Immutable X (IMX) and most negatively correlated with the price of Beldex (BDX), LEO Token (LEO), Lido DAO Token (LDO), Ondo Finance (ONDO) and TRON (TRX).
| Name | Correlation |
|---|---|
| Worldcoin | 0.443 |
| GateToken | 0.422 |
| Jasmy | 0.383 |
| Dash | 0.376 |
| Immutable X | 0.376 |
| Name | Correlation |
|---|---|
| Beldex | -0.158 |
| LEO Token | -0.142 |
| Lido DAO Token | -0.138 |
| Ondo Finance | -0.124 |
| TRON | -0.083 |
Balance Coin price is positively correlated with the top 10 coins by market cap with a price of 0.240, excluding Tether (USDT) and positively correlated with the top 100 coins by market cap excluding all stablecoins with a price of 0.249.
Currencies that are positively correlated with Balance Coin 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 Balance Coin, a move in one direction for Balance Coin would translate into a move in the opposite direction for the negatively correlated coin.
