Based on today's classical pivot point (P1) with the value of $0.005838, Galeon has support levels of $0.005767, $0.005651, and the strongest at $0.005579. Similarly, Galeon resistance levels are at $0.005955, $0.006026, and $0.006142.
| # | Price | Strength |
|---|---|---|
| S1 | $0.005767 | |
| S2 | $0.005651 | |
| S3 | $0.005579 |
| # | Price | Strength |
|---|---|---|
| R1 | $0.005955 | |
| R2 | $0.006026 | |
| R3 | $0.006142 |
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) | 39.22 | NEUTRAL |
| Stoch RSI (14) | 33.22 | NEUTRAL |
| Stochastic Fast (14) | 18.92 | BUY |
| Commodity Channel Index (20) | -160.58 | BUY |
| Average Directional Index (14) | 17.72 | NEUTRAL |
| Awesome Oscillator (5, 34) | -0.00 | NEUTRAL |
| Momentum (10) | -0.00 | NEUTRAL |
| MACD (12, 26) | -0.00 | NEUTRAL |
| Williams Percent Range (14) | -81.08 | BUY |
| Bull Bear Power (13) | -0.00 | NEUTRAL |
| Ultimate Oscillator (7, 14, 28) | 37.19 | NEUTRAL |
| VWMA (10) | 0.01 | SELL |
| Hull Moving Average (9) | 0.01 | BUY |
| Ichimoku Cloud B/L (9, 26, 52, 26) | 0.01 | NEUTRAL |
Over the past 7 days, Galeon price was most positively correlated with the price of Binance Coin (BNB), Chiliz (CHZ), Shiba Inu (SHIB), Bittensor (TAO) and Cosmos (ATOM) and most negatively correlated with the price of TRON (TRX), Polygon Ecosystem Token (POL), Sun Token (SUN), Aerodrome Finance (AERO) and Sky (SKY).
| Name | Correlation |
|---|---|
| Binance Coin | 0.957 |
| Chiliz | 0.954 |
| Shiba Inu | 0.953 |
| Bittensor | 0.951 |
| Cosmos | 0.949 |
| Name | Correlation |
|---|---|
| TRON | -0.664 |
| Polygon Ecosystem Token | -0.552 |
| Sun Token | -0.518 |
| Aerodrome Finance | -0.506 |
| Sky | -0.445 |
Galeon price is positively correlated with the top 10 coins by market cap with a price of 0.434, excluding Tether (USDT) and positively correlated with the top 100 coins by market cap excluding all stablecoins with a price of 0.481.
Currencies that are positively correlated with Galeon 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 Galeon, a move in one direction for Galeon would translate into a move in the opposite direction for the negatively correlated coin.
