Based on today's classical pivot point (P1) with the value of $4.67, MultiversX (Elrond) has support levels of $4.53, $4.42, and the strongest at $4.27. Similarly, MultiversX (Elrond) resistance levels are at $4.78, $4.93, and $5.03.
| # | Price | Strength |
|---|---|---|
| S1 | $4.53 | |
| S2 | $4.42 | |
| S3 | $4.27 |
| # | Price | Strength |
|---|---|---|
| R1 | $4.78 | |
| R2 | $4.93 | |
| R3 | $5.03 |
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) | 61.77 | NEUTRAL |
| Stoch RSI (14) | 62.23 | NEUTRAL |
| Stochastic Fast (14) | 73.16 | NEUTRAL |
| Commodity Channel Index (20) | 128.07 | SELL |
| Average Directional Index (14) | 31.51 | BUY |
| Awesome Oscillator (5, 34) | 0.44 | NEUTRAL |
| Momentum (10) | 0.51 | NEUTRAL |
| MACD (12, 26) | 0.05 | NEUTRAL |
| Williams Percent Range (14) | -26.84 | NEUTRAL |
| Bull Bear Power (13) | 0.47 | NEUTRAL |
| Ultimate Oscillator (7, 14, 28) | 60.53 | NEUTRAL |
| VWMA (10) | 4.54 | BUY |
| Hull Moving Average (9) | 4.87 | SELL |
| Ichimoku Cloud B/L (9, 26, 52, 26) | 4.43 | NEUTRAL |
Over the past 7 days, MultiversX (Elrond) price was most positively correlated with the price of Solana (SOL), Worldcoin (WLD), Avalanche (AVAX), Sei (SEI) and Immutable X (IMX) and most negatively correlated with the price of Dash (DASH), Pi Network (PI), Sky (SKY), Bitcoin Cash (BCH) and Morpho (MORPHO).
| Name | Correlation |
|---|---|
| Solana | 0.966 |
| Worldcoin | 0.953 |
| Avalanche | 0.946 |
| Sei | 0.944 |
| Immutable X | 0.943 |
| Name | Correlation |
|---|---|
| Dash | -0.754 |
| Pi Network | -0.603 |
| Sky | -0.490 |
| Bitcoin Cash | -0.478 |
| Morpho | -0.380 |
MultiversX (Elrond) price is positively correlated with the top 10 coins by market cap with a price of 0.647, excluding Tether (USDT) and positively correlated with the top 100 coins by market cap excluding all stablecoins with a price of 0.545.
Currencies that are positively correlated with MultiversX (Elrond) 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 MultiversX (Elrond), a move in one direction for MultiversX (Elrond) would translate into a move in the opposite direction for the negatively correlated coin.
