Based on today's classical pivot point (P1) with the value of $170.14, Insurance has support levels of $169.10, $168.45, and the strongest at $167.41. Similarly, Insurance resistance levels are at $170.79, $171.82, and $172.47.
| # | Price | Strength |
|---|---|---|
| S1 | $169.10 | |
| S2 | $168.45 | |
| S3 | $167.41 |
| # | Price | Strength |
|---|---|---|
| R1 | $170.79 | |
| R2 | $171.82 | |
| R3 | $172.47 |
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) | 30.17 | NEUTRAL |
| Stoch RSI (14) | 59.38 | NEUTRAL |
| Stochastic Fast (14) | 28.58 | NEUTRAL |
| Commodity Channel Index (20) | -60.12 | NEUTRAL |
| Average Directional Index (14) | 44.71 | SELL |
| Awesome Oscillator (5, 34) | -109.70 | NEUTRAL |
| Momentum (10) | 55.16 | BUY |
| MACD (12, 26) | -3.97 | NEUTRAL |
| Williams Percent Range (14) | -71.42 | NEUTRAL |
| Bull Bear Power (13) | -52.78 | NEUTRAL |
| Ultimate Oscillator (7, 14, 28) | 44.16 | NEUTRAL |
| VWMA (10) | 176.67 | SELL |
| Hull Moving Average (9) | 171.00 | SELL |
| Ichimoku Cloud B/L (9, 26, 52, 26) | 233.36 | NEUTRAL |
Over the past 7 days, Insurance price was most positively correlated with the price of GateToken (GT), SPX6900 (SPX), Bitcoin (BTC), Immutable X (IMX) and Pudgy Penguins (PENGU) and most negatively correlated with the price of Ethena (ENA), DeXe (DEXE), Celestia (TIA), BitTorrent (BTT) and APENFT (NFT).
| Name | Correlation |
|---|---|
| GateToken | 0.880 |
| SPX6900 | 0.879 |
| Bitcoin | 0.867 |
| Immutable X | 0.852 |
| Pudgy Penguins | 0.824 |
| Name | Correlation |
|---|---|
| Ethena | -0.792 |
| DeXe | -0.587 |
| Celestia | -0.581 |
| BitTorrent | -0.533 |
| APENFT | -0.528 |
Insurance price is positively correlated with the top 10 coins by market cap with a price of 0.449, excluding Tether (USDT) and positively correlated with the top 100 coins by market cap excluding all stablecoins with a price of 0.299.
Currencies that are positively correlated with Insurance 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 Insurance, a move in one direction for Insurance would translate into a move in the opposite direction for the negatively correlated coin.
