Based on today's classical pivot point (P1) with the value of $0.0₅3215, Convergence Finance has support levels of $0.0₅3197, $0.0₅3179, and the strongest at $0.0₅3161. Similarly, Convergence Finance resistance levels are at $0.0₅3233, $0.0₅3251, and $0.0₅3269.
| # | Price | Strength |
|---|---|---|
| S1 | $0.0₅3197 | |
| S2 | $0.0₅3179 | |
| S3 | $0.0₅3161 |
| # | Price | Strength |
|---|---|---|
| R1 | $0.0₅3233 | |
| R2 | $0.0₅3251 | |
| R3 | $0.0₅3269 |
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) | 30.45 | NEUTRAL |
| Stoch RSI (14) | 2.70 | BUY |
| Stochastic Fast (14) | 8.10 | BUY |
| Commodity Channel Index (20) | -235.37 | BUY |
| Average Directional Index (14) | 42.00 | SELL |
| Awesome Oscillator (5, 34) | 0.00 | NEUTRAL |
| Momentum (10) | -0.00 | NEUTRAL |
| MACD (12, 26) | -0.00 | NEUTRAL |
| Williams Percent Range (14) | -91.90 | BUY |
| Bull Bear Power (13) | -0.00 | NEUTRAL |
| Ultimate Oscillator (7, 14, 28) | 21.66 | BUY |
| 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, Convergence Finance price was most positively correlated with the price of Arbitrum (ARB), Canton (CC), Midnight (NIGHT), Quant (QNT) and NEAR Protocol (NEAR) and most negatively correlated with the price of Dash (DASH), Ondo Finance (ONDO), Decred (DCR), Terra Classic (LUNC) and Bitget Token (BGB).
| Name | Correlation |
|---|---|
| Arbitrum | 0.740 |
| Canton | 0.605 |
| Midnight | 0.564 |
| Quant | 0.524 |
| NEAR Protocol | 0.506 |
| Name | Correlation |
|---|---|
| Dash | -0.956 |
| Ondo Finance | -0.949 |
| Decred | -0.922 |
| Terra Classic | -0.873 |
| Bitget Token | -0.865 |
Convergence Finance price is negatively correlated with the top 10 coins by market cap with a price of -0.165, excluding Tether (USDT) and negatively correlated with the top 100 coins by market cap excluding all stablecoins with a price of -0.432.
Currencies that are positively correlated with Convergence Finance 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 Convergence Finance, a move in one direction for Convergence Finance would translate into a move in the opposite direction for the negatively correlated coin.
