Based on today's classical pivot point (P1) with the value of $0.001336, Book of Binance has support levels of $0.001288, $0.001225, and the strongest at $0.001176. Similarly, Book of Binance resistance levels are at $0.001400, $0.001448, and $0.001512.
| # | Price | Strength |
|---|---|---|
| S1 | $0.001288 | |
| S2 | $0.001225 | |
| S3 | $0.001176 |
| # | Price | Strength |
|---|---|---|
| R1 | $0.001400 | |
| R2 | $0.001448 | |
| R3 | $0.001512 |
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) | 71.19 | SELL |
| Stoch RSI (14) | 21.58 | NEUTRAL |
| Stochastic Fast (14) | 89.60 | SELL |
| Commodity Channel Index (20) | 98.35 | NEUTRAL |
| Average Directional Index (14) | 54.49 | BUY |
| Awesome Oscillator (5, 34) | 0.00 | NEUTRAL |
| Momentum (10) | 0.00 | NEUTRAL |
| MACD (12, 26) | 0.00 | NEUTRAL |
| Williams Percent Range (14) | -10.40 | SELL |
| Bull Bear Power (13) | 0.00 | NEUTRAL |
| Ultimate Oscillator (7, 14, 28) | 60.17 | NEUTRAL |
| VWMA (10) | 0.00 | BUY |
| Hull Moving Average (9) | 0.00 | BUY |
| Ichimoku Cloud B/L (9, 26, 52, 26) | 0.00 | NEUTRAL |
Over the past 7 days, Book of Binance price was most positively correlated with the price of JUST (JST), Pudgy Penguins (PENGU), Immutable X (IMX), Monero (XMR) and Sky (SKY) and most negatively correlated with the price of Ethena (ENA), APENFT (NFT), Celestia (TIA), DeXe (DEXE) and Flare (FLR).
| Name | Correlation |
|---|---|
| JUST | 0.653 |
| Pudgy Penguins | 0.629 |
| Immutable X | 0.612 |
| Monero | 0.606 |
| Sky | 0.604 |
| Name | Correlation |
|---|---|
| Ethena | -0.553 |
| APENFT | -0.534 |
| Celestia | -0.507 |
| DeXe | -0.490 |
| Flare | -0.393 |
Book of Binance price is positively correlated with the top 10 coins by market cap with a price of 0.147, excluding Tether (USDT) and positively correlated with the top 100 coins by market cap excluding all stablecoins with a price of 0.098.
Currencies that are positively correlated with Book of Binance 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 Book of Binance, a move in one direction for Book of Binance would translate into a move in the opposite direction for the negatively correlated coin.
