Based on today's classical pivot point (P1) with the value of $0.02159, ICON has support levels of $0.02116, $0.02085, and the strongest at $0.02042. Similarly, ICON resistance levels are at $0.02190, $0.02233, and $0.02264.
| # | Price | Strength |
|---|---|---|
| S1 | $0.02116 | |
| S2 | $0.02085 | |
| S3 | $0.02042 |
| # | Price | Strength |
|---|---|---|
| R1 | $0.02190 | |
| R2 | $0.02233 | |
| R3 | $0.02264 |
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) | 31.28 | NEUTRAL |
| Stoch RSI (14) | 0.00 | BUY |
| Stochastic Fast (14) | 5.65 | BUY |
| Commodity Channel Index (20) | -214.94 | BUY |
| Average Directional Index (14) | 16.09 | NEUTRAL |
| Awesome Oscillator (5, 34) | -0.00 | NEUTRAL |
| Momentum (10) | -0.00 | NEUTRAL |
| MACD (12, 26) | -0.00 | SELL |
| Williams Percent Range (14) | -94.35 | BUY |
| Bull Bear Power (13) | -0.00 | NEUTRAL |
| Ultimate Oscillator (7, 14, 28) | 34.51 | NEUTRAL |
| VWMA (10) | 0.02 | SELL |
| Hull Moving Average (9) | 0.02 | SELL |
| Ichimoku Cloud B/L (9, 26, 52, 26) | 0.02 | NEUTRAL |
Over the past 7 days, ICON price was most positively correlated with the price of Official Trump (TRUMP), NEAR Protocol (NEAR), Render Token (RENDER), Immutable X (IMX) and Cosmos (ATOM) and most negatively correlated with the price of KAITO (KAITO), OKB (OKB), LEO Token (LEO), Morpho (MORPHO) and Aave (AAVE).
| Name | Correlation |
|---|---|
| Official Trump | 0.974 |
| NEAR Protocol | 0.973 |
| Render Token | 0.972 |
| Immutable X | 0.971 |
| Cosmos | 0.963 |
| Name | Correlation |
|---|---|
| KAITO | -0.675 |
| OKB | -0.545 |
| LEO Token | -0.525 |
| Morpho | -0.367 |
| Aave | -0.315 |
ICON price is positively correlated with the top 10 coins by market cap with a price of 0.478, excluding Tether (USDT) and positively correlated with the top 100 coins by market cap excluding all stablecoins with a price of 0.581.
Currencies that are positively correlated with ICON 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 ICON, a move in one direction for ICON would translate into a move in the opposite direction for the negatively correlated coin.
