Based on today's classical pivot point (P1) with the value of $0.0008043, ElmoERC has support levels of $0.0007979, $0.0007937, and the strongest at $0.0007873. Similarly, ElmoERC resistance levels are at $0.0008085, $0.0008149, and $0.0008191.
| # | Price | Strength |
|---|---|---|
| S1 | $0.0007979 | |
| S2 | $0.0007937 | |
| S3 | $0.0007873 |
| # | Price | Strength |
|---|---|---|
| R1 | $0.0008085 | |
| R2 | $0.0008149 | |
| R3 | $0.0008191 |
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) | 62.26 | NEUTRAL |
| Stoch RSI (14) | 95.73 | SELL |
| Stochastic Fast (14) | 94.20 | SELL |
| Commodity Channel Index (20) | 222.24 | SELL |
| Average Directional Index (14) | 38.35 | BUY |
| Awesome Oscillator (5, 34) | 0.00 | BUY |
| Momentum (10) | 0.00 | NEUTRAL |
| MACD (12, 26) | 0.00 | NEUTRAL |
| Williams Percent Range (14) | -5.80 | SELL |
| Bull Bear Power (13) | 0.00 | NEUTRAL |
| Ultimate Oscillator (7, 14, 28) | 72.69 | SELL |
| VWMA (10) | 0.00 | BUY |
| Hull Moving Average (9) | 0.00 | BUY |
| Ichimoku Cloud B/L (9, 26, 52, 26) | 0.00 | NEUTRAL |
Over the past 7 days, ElmoERC price was most positively correlated with the price of Bonk (BONK), Pepe Coin (PEPE), Immutable X (IMX), Cardano (ADA) and Aerodrome Finance (AERO) and most negatively correlated with the price of Venice Token (VVV), Jito (JTO), Gnosis (GNO), Canton (CC) and World Liberty Financial (WLFI).
| Name | Correlation |
|---|---|
| Bonk | 0.957 |
| Pepe Coin | 0.951 |
| Immutable X | 0.948 |
| Cardano | 0.946 |
| Aerodrome Finance | 0.945 |
| Name | Correlation |
|---|---|
| Venice Token | -0.651 |
| Jito | -0.580 |
| Gnosis | -0.476 |
| Canton | -0.342 |
| World Liberty Financial | -0.315 |
ElmoERC price is positively correlated with the top 10 coins by market cap with a price of 0.767, excluding Tether (USDT) and positively correlated with the top 100 coins by market cap excluding all stablecoins with a price of 0.650.
Currencies that are positively correlated with ElmoERC 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 ElmoERC, a move in one direction for ElmoERC would translate into a move in the opposite direction for the negatively correlated coin.
