Image of CVGT
CVGTConvergent
$0.00002385
0.00%
1D

Convergent Analysis

Investment Score
A quick view into Convergent's investment prospects.
7.4

The asset looks technically constructive, but the current entry quality is not perfect.

What is helping
  • The current level still offers a favorable reward-to-risk profile.
  • Squeeze Breakout Setup: Bollinger Bands are historically compressed and price is above EMA50, suggesting an expansion move may be underway.
Main risks
  • Momentum is extended, which raises the risk of chasing.
  • Price is trading below the volume-weighted average, which suggests the move is losing volume-backed support.
Market State Summary
Current regime
Bull Quiet
Confidence: 72%
Why this state?
  • CVGT is above SMA50
  • SMA50 is above SMA200
  • SMA50 slope is positive over the last 10 days
  • 30-day return is negative
  • ATR volatility is below the 60th percentile of its trailing 180-day history
Suggested strategy

In the current Bull Quiet regime, the best-fit approach is Trend following / buy dips. Trend conditions are constructive and volatility is contained, which usually favors following the move higher and looking for pullbacks instead of fading strength.

Trend
Bullish
CVGT is trading above key moving averages and the medium-term trend is still rising.
Momentum
Overbought
RSI is 97.10, which points to stretched upside momentum.
Volatility
Quiet
CVGT ATR volatility is below the 60th percentile of its trailing 180-day history.
Key Levels
Resistance zone
$0.0002796 - $0.0004158
Active zone
$0.0₅7471 - $0.00009197
Support zone
$0.00 - $0.00002385
Chart Patterns
SMA50
SMA100
SMA200
RSI
Overbought
MACD
Bearish
ATR%
Quiet
Volume
Average
Support & Resistance

Convergent support and resistance levels highlight key price zones where buyers and sellers are most active. This section helps identify likely breakout areas, pullback support, overhead resistance, and the current trading range so you can evaluate trend continuation, reversal risk, and near-term crypto price direction.

Support zone
$0.00 - $0.00002385
Resistance zone
$0.0002796 - $0.0004158
Active zone
$0.0₅7471 - $0.00009197
Levels Table
LevelZoneStrength
Support 1$0.00 - $0.00002385
Resistance 1$0.0002796 - $0.0004158
Active 1$0.0₅7471 - $0.00009197
Scenario Analysis
Bullish scenario

CVGT clears the resistance zone at $0.0002796 - $0.0004158 and holds above it. That would strengthen the breakout case and shift attention to $0.0002796 - $0.0004158.

Bearish scenario

CVGT loses the support zone at $0.00 - $0.00002385. That would weaken the setup and open the way toward $0.00 - $0.00002385.

Neutral scenario

CVGT continues trading between $0.00002385 and $0.0002796. In that case, range-trading conditions remain active.

Technical Indicators

Technical indicators help summarize trend, momentum, volatility, and key price levels. They should not be used in isolation, but they can help identify whether a coin is trending, ranging, overextended, or approaching an important support or resistance level.

IndicatorValueSignalInterpretation
SMA50
$0.00002152
Bullish
CVGT is trading above the 50-day average.
SMA200
$0.00001939
Bullish
CVGT remains above the long-term trend line.
EMA50
$0.00002208
Bullish
CVGT is holding above the 50-day exponential average, which supports the recent trend.
EMA200
$0.0001277
Bearish
CVGT is below the 200-day exponential average, which keeps the longer-term structure under pressure.
RSI (14)
97.10
Overbought
RSI (14) is elevated at 97.10, which suggests upside momentum may be getting stretched.
Stoch RSI (14)
0.00
Oversold
Stoch RSI (14) is low at 0.00, which shows momentum is pressing near its recent lower extreme.
MACD
0.0₆5112
Bearish
MACD is below its signal line.
ATR
0.00%
Quiet
Volatility is below its 180-day median.
VWMA
$0.00002385
Bearish
Price is below the volume-weighted average.
Commodity Channel Index (20)
66.67
Neutral
CCI (20) is at 66.67, which keeps price relatively close to its recent average.
Awesome Oscillator (5, 34)
$0.0₆3207
Bullish
Awesome Oscillator is above zero at $0.0₆3207, which supports bullish momentum.
Williams Percent Range (14)
0.00
Overbought
Williams Percent Range (14) is near the top of its recent range at 0.00.
Bull Bear Power (13)
$0.0₇4291
Bullish
Bull Bear Power (13) is positive at $0.0₇4291, which suggests buyers are controlling price relative to the EMA baseline.
Ultimate Oscillator (7, 14, 28)
0.00
Oversold
Ultimate Oscillator is weak at 0.00, which suggests multi-timeframe downside momentum may be stretched.
Hull Moving Average (9)
$0.00002385
Bullish
CVGT is trading above the Hull Moving Average (9), which supports the near-term trend.
Ichimoku Cloud B/L (9, 26, 52, 26)
$0.00002385
Bullish
CVGT is trading above the Ichimoku base line, which supports bullish structure.
Assets Similar to Convergent

Over the past 7 days, Convergent price was most positively correlated with the price of Aptos (APT), Midnight (NIGHT), Litecoin (LTC), BitTorrent (BTT) and Pi Network (PI) and most negatively correlated with the price of Canton (CC), LEO Token (LEO), OKB (OKB), Pump.fun (PUMP) and Beldex (BDX).

Positively Correlated Currencies
NameCorrelation
Image of AptosAptos0.907
Image of MidnightMidnight0.894
Image of LitecoinLitecoin0.876
Image of BitTorrentBitTorrent0.845
Image of Pi NetworkPi Network0.837
Negatively Correlated Currencies
NameCorrelation
Image of CantonCanton-0.525
Image of LEO TokenLEO Token-0.517
Image of OKBOKB-0.508
Image of Pump.funPump.fun-0.389
Image of BeldexBeldex-0.368

Convergent price is positively correlated with the top 10 coins by market cap with a price of 0.702, excluding Tether (USDT) and positively correlated with the top 100 coins by market cap excluding all stablecoins with a price of 0.380. Currencies that are positively correlated with Convergent 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 Convergent, a move in one direction for Convergent would translate into a move in the opposite direction for the negatively correlated coin.

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