Based on today's classical pivot point (P1) with the value of $0.001288, BENQI has support levels of $0.001244, $0.001208, and the strongest at $0.001164. Similarly, BENQI resistance levels are at $0.001323, $0.001368, and $0.001403.
| # | Price | Strength |
|---|---|---|
| S1 | $0.001244 | |
| S2 | $0.001208 | |
| S3 | $0.001164 |
| # | Price | Strength |
|---|---|---|
| R1 | $0.001323 | |
| R2 | $0.001368 | |
| R3 | $0.001403 |
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) | 50.92 | NEUTRAL |
| Stoch RSI (14) | 14.86 | BUY |
| Stochastic Fast (14) | 38.08 | NEUTRAL |
| Commodity Channel Index (20) | -6.00 | NEUTRAL |
| Average Directional Index (14) | 47.82 | BUY |
| Awesome Oscillator (5, 34) | 0.00 | NEUTRAL |
| Momentum (10) | -0.00 | NEUTRAL |
| MACD (12, 26) | -0.00 | NEUTRAL |
| Williams Percent Range (14) | -61.92 | NEUTRAL |
| Bull Bear Power (13) | 0.00 | SELL |
| Ultimate Oscillator (7, 14, 28) | 42.85 | NEUTRAL |
| VWMA (10) | 0.00 | SELL |
| Hull Moving Average (9) | 0.00 | BUY |
| Ichimoku Cloud B/L (9, 26, 52, 26) | 0.00 | NEUTRAL |
Over the past 7 days, BENQI price was most positively correlated with the price of Sun Token (SUN), Jito (JTO), Immutable X (IMX), Jasmy (JASMY) and Decred (DCR) and most negatively correlated with the price of Venice Token (VVV), Polygon Ecosystem Token (POL), Compound (COMP), Morpho (MORPHO) and Sky (SKY).
| Name | Correlation |
|---|---|
| Sun Token | 0.589 |
| Jito | 0.576 |
| Immutable X | 0.543 |
| Jasmy | 0.527 |
| Decred | 0.526 |
| Name | Correlation |
|---|---|
| Venice Token | -0.650 |
| Polygon Ecosystem Token | -0.581 |
| Compound | -0.544 |
| Morpho | -0.472 |
| Sky | -0.432 |
BENQI price is negatively correlated with the top 10 coins by market cap with a price of -0.104, excluding Tether (USDT) and negatively correlated with the top 100 coins by market cap excluding all stablecoins with a price of -0.105.
Currencies that are positively correlated with BENQI 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 BENQI, a move in one direction for BENQI would translate into a move in the opposite direction for the negatively correlated coin.
