Based on today's classical pivot point (P1) with the value of $0.0₅3432, Group7 has support levels of $0.0₅3362, $0.0₅3254, and the strongest at $0.0₅3185. Similarly, Group7 resistance levels are at $0.0₅3540, $0.0₅3610, and $0.0₅3718.
| # | Price | Strength |
|---|---|---|
| S1 | $0.0₅3362 | |
| S2 | $0.0₅3254 | |
| S3 | $0.0₅3185 |
| # | Price | Strength |
|---|---|---|
| R1 | $0.0₅3540 | |
| R2 | $0.0₅3610 | |
| R3 | $0.0₅3718 |
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) | 56.48 | NEUTRAL |
| Stoch RSI (14) | 64.75 | NEUTRAL |
| Stochastic Fast (14) | 68.75 | NEUTRAL |
| Commodity Channel Index (20) | 51.18 | NEUTRAL |
| Average Directional Index (14) | 27.81 | BUY |
| Awesome Oscillator (5, 34) | 0.00 | NEUTRAL |
| Momentum (10) | 0.00 | NEUTRAL |
| MACD (12, 26) | 0.00 | NEUTRAL |
| Williams Percent Range (14) | -31.25 | NEUTRAL |
| Bull Bear Power (13) | -0.00 | BUY |
| Ultimate Oscillator (7, 14, 28) | 65.73 | NEUTRAL |
| VWMA (10) | 0.00 | BUY |
| Hull Moving Average (9) | 0.00 | SELL |
| Ichimoku Cloud B/L (9, 26, 52, 26) | 0.00 | NEUTRAL |
Over the past 7 days, Group7 price was most positively correlated with the price of LayerZero (ZRO), Tezos (XTZ), PancakeSwap (CAKE), Midnight (NIGHT) and Aerodrome Finance (AERO) and most negatively correlated with the price of Celestia (TIA), Uniswap (UNI), Pendle (PENDLE), Sky (SKY) and Internet Computer (ICP).
| Name | Correlation |
|---|---|
| LayerZero | 0.645 |
| Tezos | 0.611 |
| PancakeSwap | 0.561 |
| Midnight | 0.561 |
| Aerodrome Finance | 0.548 |
| Name | Correlation |
|---|---|
| Celestia | -0.521 |
| Uniswap | -0.474 |
| Pendle | -0.465 |
| Sky | -0.413 |
| Internet Computer | -0.392 |
Group7 price is positively correlated with the top 10 coins by market cap with a price of 0.223, excluding Tether (USDT) and positively correlated with the top 100 coins by market cap excluding all stablecoins with a price of 0.131.
Currencies that are positively correlated with Group7 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 Group7, a move in one direction for Group7 would translate into a move in the opposite direction for the negatively correlated coin.
