Based on today's classical pivot point (P1) with the value of $0.0005905, Chainbing has support levels of $0.0005301, $0.0004702, and the strongest at $0.0004097. Similarly, Chainbing resistance levels are at $0.0006504, $0.0007108, and $0.0007707.
| # | Price | Strength |
|---|---|---|
| S1 | $0.0005301 | |
| S2 | $0.0004702 | |
| S3 | $0.0004097 |
| # | Price | Strength |
|---|---|---|
| R1 | $0.0006504 | |
| R2 | $0.0007108 | |
| R3 | $0.0007707 |
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) | 47.31 | NEUTRAL |
| Stoch RSI (14) | 38.27 | NEUTRAL |
| Stochastic Fast (14) | 39.80 | NEUTRAL |
| Commodity Channel Index (20) | 10.01 | NEUTRAL |
| Average Directional Index (14) | 39.27 | BUY |
| Awesome Oscillator (5, 34) | -0.00 | NEUTRAL |
| Momentum (10) | 0.00 | NEUTRAL |
| MACD (12, 26) | 0.00 | NEUTRAL |
| Williams Percent Range (14) | -60.20 | NEUTRAL |
| Bull Bear Power (13) | 0.00 | NEUTRAL |
| Ultimate Oscillator (7, 14, 28) | 64.63 | NEUTRAL |
| VWMA (10) | 0.00 | SELL |
| Hull Moving Average (9) | 0.00 | SELL |
| Ichimoku Cloud B/L (9, 26, 52, 26) | 0.00 | NEUTRAL |
Over the past 7 days, Chainbing price was most positively correlated with the price of Immutable X (IMX), Polkadot (DOT), NEAR Protocol (NEAR), Jasmy (JASMY) and Cosmos (ATOM) and most negatively correlated with the price of Monad (MON), TRON (TRX), Ethena (ENA), LEO Token (LEO) and PancakeSwap (CAKE).
| Name | Correlation |
|---|---|
| Immutable X | 0.219 |
| Polkadot | 0.187 |
| NEAR Protocol | 0.159 |
| Jasmy | 0.153 |
| Cosmos | 0.152 |
| Name | Correlation |
|---|---|
| Monad | -0.330 |
| TRON | -0.268 |
| Ethena | -0.252 |
| LEO Token | -0.198 |
| PancakeSwap | -0.192 |
Chainbing price is positively correlated with the top 10 coins by market cap with a price of 0.012, excluding Tether (USDT) and negatively correlated with the top 100 coins by market cap excluding all stablecoins with a price of -0.012.
Currencies that are positively correlated with Chainbing 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 Chainbing, a move in one direction for Chainbing would translate into a move in the opposite direction for the negatively correlated coin.



