Based on today's classical pivot point (P1) with the value of $0.005612, Confidential Layer has support levels of $0.005528, $0.005416, and the strongest at $0.005333. Similarly, Confidential Layer resistance levels are at $0.005723, $0.005807, and $0.005919.
| # | Price | Strength |
|---|---|---|
| S1 | $0.005528 | |
| S2 | $0.005416 | |
| S3 | $0.005333 |
| # | Price | Strength |
|---|---|---|
| R1 | $0.005723 | |
| R2 | $0.005807 | |
| R3 | $0.005919 |
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) | 11.63 | BUY |
| Stoch RSI (14) | 0.00 | BUY |
| Stochastic Fast (14) | 7.50 | BUY |
| Commodity Channel Index (20) | -296.32 | BUY |
| Average Directional Index (14) | 22.52 | NEUTRAL |
| Awesome Oscillator (5, 34) | -0.00 | NEUTRAL |
| Momentum (10) | -0.00 | NEUTRAL |
| MACD (12, 26) | -0.00 | NEUTRAL |
| Williams Percent Range (14) | -92.50 | BUY |
| Bull Bear Power (13) | -0.00 | NEUTRAL |
| Ultimate Oscillator (7, 14, 28) | 18.73 | BUY |
| VWMA (10) | 0.01 | SELL |
| Hull Moving Average (9) | 0.01 | SELL |
| Ichimoku Cloud B/L (9, 26, 52, 26) | 0.01 | NEUTRAL |
Over the past 7 days, Confidential Layer price was most positively correlated with the price of Polkadot (DOT), Immutable X (IMX), Optimism (OP), Flare (FLR) and Decred (DCR) and most negatively correlated with the price of Bittensor (TAO), Beldex (BDX), Artificial Superintelligence Alliance (FET), Monad (MON) and Toncoin (TON).
| Name | Correlation |
|---|---|
| Polkadot | 0.886 |
| Immutable X | 0.850 |
| Optimism | 0.790 |
| Flare | 0.771 |
| Decred | 0.756 |
| Name | Correlation |
|---|---|
| Bittensor | -0.931 |
| Beldex | -0.898 |
| Artificial Superintelligence Alliance | -0.822 |
| Monad | -0.819 |
| Toncoin | -0.805 |
Confidential Layer price is negatively correlated with the top 10 coins by market cap with a price of -0.043, excluding Tether (USDT) and negatively correlated with the top 100 coins by market cap excluding all stablecoins with a price of -0.031.
Currencies that are positively correlated with Confidential Layer 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 Confidential Layer, a move in one direction for Confidential Layer would translate into a move in the opposite direction for the negatively correlated coin.
