Based on today's classical pivot point (P1) with the value of $0.00004060, Chain Talk Daily has support levels of $0.00003791, $0.00003597, and the strongest at $0.00003327. Similarly, Chain Talk Daily resistance levels are at $0.00004254, $0.00004524, and $0.00004717.
| # | Price | Strength |
|---|---|---|
| S1 | $0.00003791 | |
| S2 | $0.00003597 | |
| S3 | $0.00003327 |
| # | Price | Strength |
|---|---|---|
| R1 | $0.00004254 | |
| R2 | $0.00004524 | |
| R3 | $0.00004717 |
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) | 36.86 | NEUTRAL |
| Stoch RSI (14) | 48.35 | NEUTRAL |
| Stochastic Fast (14) | 21.85 | NEUTRAL |
| Commodity Channel Index (20) | -99.75 | NEUTRAL |
| Average Directional Index (14) | 34.46 | SELL |
| Awesome Oscillator (5, 34) | -0.00 | NEUTRAL |
| Momentum (10) | -0.00 | NEUTRAL |
| MACD (12, 26) | -0.00 | NEUTRAL |
| Williams Percent Range (14) | -78.15 | NEUTRAL |
| Bull Bear Power (13) | -0.00 | NEUTRAL |
| Ultimate Oscillator (7, 14, 28) | 38.17 | 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, Chain Talk Daily price was most positively correlated with the price of Ethena (ENA), Immutable X (IMX), Uniswap (UNI), Aptos (APT) and Binance Coin (BNB) and most negatively correlated with the price of Quant (QNT), Render Token (RENDER), Algorand (ALGO), IOTA (IOTA) and Pyth Network (PYTH).
| Name | Correlation |
|---|---|
| Ethena | 0.852 |
| Immutable X | 0.821 |
| Uniswap | 0.812 |
| Aptos | 0.782 |
| Binance Coin | 0.772 |
| Name | Correlation |
|---|---|
| Quant | -0.919 |
| Render Token | -0.886 |
| Algorand | -0.849 |
| IOTA | -0.846 |
| Pyth Network | -0.826 |
Chain Talk Daily price is positively correlated with the top 10 coins by market cap with a price of 0.148, excluding Tether (USDT) and positively correlated with the top 100 coins by market cap excluding all stablecoins with a price of 0.162.
Currencies that are positively correlated with Chain Talk Daily 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 Chain Talk Daily, a move in one direction for Chain Talk Daily would translate into a move in the opposite direction for the negatively correlated coin.
