Based on today's classical pivot point (P1) with the value of $0.0₆2868, Elon has support levels of $0.0₆2597, $0.0₆2336, and the strongest at $0.0₆2065. Similarly, Elon resistance levels are at $0.0₆3129, $0.0₆3400, and $0.0₆3661.
| # | Price | Strength |
|---|---|---|
| S1 | $0.0₆2597 | |
| S2 | $0.0₆2336 | |
| S3 | $0.0₆2065 |
| # | Price | Strength |
|---|---|---|
| R1 | $0.0₆3129 | |
| R2 | $0.0₆3400 | |
| R3 | $0.0₆3661 |
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) | 54.57 | NEUTRAL |
| Stoch RSI (14) | 74.55 | NEUTRAL |
| Stochastic Fast (14) | 64.31 | NEUTRAL |
| Commodity Channel Index (20) | 189.30 | SELL |
| Average Directional Index (14) | 33.63 | BUY |
| Awesome Oscillator (5, 34) | 0.00 | NEUTRAL |
| Momentum (10) | 0.00 | NEUTRAL |
| MACD (12, 26) | 0.00 | NEUTRAL |
| Williams Percent Range (14) | -35.69 | NEUTRAL |
| Bull Bear Power (13) | 0.00 | BUY |
| Ultimate Oscillator (7, 14, 28) | 41.16 | NEUTRAL |
| 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, Elon price was most positively correlated with the price of Virtuals Protocol (VIRTUAL), Aave (AAVE), Bitcoin (BTC), Avalanche (AVAX) and Ethereum Name Service (ENS) and most negatively correlated with the price of Decred (DCR), Morpho (MORPHO), LEO Token (LEO), Beldex (BDX) and Toncoin (TON).
| Name | Correlation |
|---|---|
| Virtuals Protocol | 0.439 |
| Aave | 0.417 |
| Bitcoin | 0.410 |
| Avalanche | 0.410 |
| Ethereum Name Service | 0.408 |
| Name | Correlation |
|---|---|
| Decred | -0.135 |
| Morpho | -0.125 |
| LEO Token | -0.098 |
| Beldex | -0.044 |
| Toncoin | -0.039 |
Elon price is positively correlated with the top 10 coins by market cap with a price of 0.349, excluding Tether (USDT) and positively correlated with the top 100 coins by market cap excluding all stablecoins with a price of 0.287.
Currencies that are positively correlated with Elon 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 Elon, a move in one direction for Elon would translate into a move in the opposite direction for the negatively correlated coin.
