Based on today's classical pivot point (P1) with the value of $0.002998, Canyont has support levels of $0.002996, $0.002995, and the strongest at $0.002993. Similarly, Canyont resistance levels are at $0.002999, $0.003001, and $0.003002.
| # | Price | Strength |
|---|---|---|
| S1 | $0.002996 | |
| S2 | $0.002995 | |
| S3 | $0.002993 |
| # | Price | Strength |
|---|---|---|
| R1 | $0.002999 | |
| R2 | $0.003001 | |
| R3 | $0.003002 |
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) | 19.00 | BUY |
| Stoch RSI (14) | 0.00 | BUY |
| Stochastic Fast (14) | 0.02 | BUY |
| Commodity Channel Index (20) | -185.58 | BUY |
| Average Directional Index (14) | 22.73 | NEUTRAL |
| Awesome Oscillator (5, 34) | -0.00 | NEUTRAL |
| Momentum (10) | -0.00 | NEUTRAL |
| MACD (12, 26) | -0.00 | NEUTRAL |
| Williams Percent Range (14) | -99.98 | BUY |
| Bull Bear Power (13) | -0.00 | NEUTRAL |
| Ultimate Oscillator (7, 14, 28) | 0.04 | BUY |
| 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, Canyont price was most positively correlated with the price of Polkadot (DOT), Sun Token (SUN), Monero (XMR), Immutable X (IMX) and Flare (FLR) and most negatively correlated with the price of Beldex (BDX), Ondo Finance (ONDO), Bittensor (TAO), Stellar (XLM) and Monad (MON).
| Name | Correlation |
|---|---|
| Polkadot | 0.842 |
| Sun Token | 0.838 |
| Monero | 0.799 |
| Immutable X | 0.783 |
| Flare | 0.736 |
| Name | Correlation |
|---|---|
| Beldex | -0.825 |
| Ondo Finance | -0.785 |
| Bittensor | -0.775 |
| Stellar | -0.709 |
| Monad | -0.701 |
Canyont price is positively correlated with the top 10 coins by market cap with a price of 0.196, excluding Tether (USDT) and positively correlated with the top 100 coins by market cap excluding all stablecoins with a price of 0.192.
Currencies that are positively correlated with Canyont 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 Canyont, a move in one direction for Canyont would translate into a move in the opposite direction for the negatively correlated coin.
