Based on today's classical pivot point (P1) with the value of $0.0004214, Balance has support levels of $0.0004174, $0.0004140, and the strongest at $0.0004100. Similarly, Balance resistance levels are at $0.0004248, $0.0004288, and $0.0004322.
| # | Price | Strength |
|---|---|---|
| S1 | $0.0004174 | |
| S2 | $0.0004140 | |
| S3 | $0.0004100 |
| # | Price | Strength |
|---|---|---|
| R1 | $0.0004248 | |
| R2 | $0.0004288 | |
| R3 | $0.0004322 |
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) | 46.53 | NEUTRAL |
| Stoch RSI (14) | 53.59 | NEUTRAL |
| Stochastic Fast (14) | 14.89 | BUY |
| Commodity Channel Index (20) | -32.18 | NEUTRAL |
| Average Directional Index (14) | 33.03 | BUY |
| Awesome Oscillator (5, 34) | 0.00 | NEUTRAL |
| Momentum (10) | 0.00 | NEUTRAL |
| MACD (12, 26) | 0.00 | NEUTRAL |
| Williams Percent Range (14) | -85.11 | BUY |
| Bull Bear Power (13) | -0.00 | NEUTRAL |
| Ultimate Oscillator (7, 14, 28) | 37.87 | 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, Balance price was most positively correlated with the price of Worldcoin (WLD), SPX6900 (SPX), Solana (SOL), Immutable X (IMX) and Bitget Token (BGB) and most negatively correlated with the price of Jasmy (JASMY), Venice Token (VVV), Lido DAO Token (LDO), XDC Network (XDC) and Cronos (CRO).
| Name | Correlation |
|---|---|
| Worldcoin | 0.590 |
| SPX6900 | 0.565 |
| Solana | 0.550 |
| Immutable X | 0.519 |
| Bitget Token | 0.514 |
| Name | Correlation |
|---|---|
| Jasmy | -0.356 |
| Venice Token | -0.302 |
| Lido DAO Token | -0.267 |
| XDC Network | -0.267 |
| Cronos | -0.249 |
Balance price is positively correlated with the top 10 coins by market cap with a price of 0.249, excluding Tether (USDT) and positively correlated with the top 100 coins by market cap excluding all stablecoins with a price of 0.204.
Currencies that are positively correlated with Balance 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, a move in one direction for Balance would translate into a move in the opposite direction for the negatively correlated coin.
