Based on today's classical pivot point (P1) with the value of $0.001999, Beam has support levels of $0.001971, $0.001933, and the strongest at $0.001904. Similarly, Beam resistance levels are at $0.002038, $0.002066, and $0.002104.
| # | Price | Strength |
|---|---|---|
| S1 | $0.001971 | |
| S2 | $0.001933 | |
| S3 | $0.001904 |
| # | Price | Strength |
|---|---|---|
| R1 | $0.002038 | |
| R2 | $0.002066 | |
| R3 | $0.002104 |
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) | 60.96 | NEUTRAL |
| Stoch RSI (14) | 100.00 | SELL |
| Stochastic Fast (14) | 47.13 | NEUTRAL |
| Commodity Channel Index (20) | 66.67 | NEUTRAL |
| Average Directional Index (14) | 19.18 | NEUTRAL |
| Awesome Oscillator (5, 34) | -0.00 | NEUTRAL |
| Momentum (10) | 0.00 | NEUTRAL |
| MACD (12, 26) | 0.00 | NEUTRAL |
| Williams Percent Range (14) | -52.87 | NEUTRAL |
| Bull Bear Power (13) | -0.00 | NEUTRAL |
| Ultimate Oscillator (7, 14, 28) | 45.50 | NEUTRAL |
| VWMA (10) | 0.00 | BUY |
| Hull Moving Average (9) | 0.00 | SELL |
| Ichimoku Cloud B/L (9, 26, 52, 26) | 0.00 | NEUTRAL |
Over the past 7 days, Beam price was most positively correlated with the price of Aerodrome Finance (AERO), Polygon Ecosystem Token (POL), Immutable X (IMX), Polkadot (DOT) and Kaia (KAIA) and most negatively correlated with the price of Midnight (NIGHT), DeXe (DEXE), OKB (OKB), Decred (DCR) and Filecoin (FIL).
| Name | Correlation |
|---|---|
| Aerodrome Finance | 0.713 |
| Polygon Ecosystem Token | 0.670 |
| Immutable X | 0.641 |
| Polkadot | 0.504 |
| Kaia | 0.470 |
| Name | Correlation |
|---|---|
| Midnight | -0.602 |
| DeXe | -0.458 |
| OKB | -0.339 |
| Decred | -0.243 |
| Filecoin | -0.220 |
Beam price is positively correlated with the top 10 coins by market cap with a price of 0.272, excluding Tether (USDT) and positively correlated with the top 100 coins by market cap excluding all stablecoins with a price of 0.165.
Currencies that are positively correlated with Beam 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 Beam, a move in one direction for Beam would translate into a move in the opposite direction for the negatively correlated coin.
