Based on today's classical pivot point (P1) with the value of $170.80, Insurance has support levels of $170.02, $168.87, and the strongest at $168.09. Similarly, Insurance resistance levels are at $171.95, $172.74, and $173.89.
| # | Price | Strength |
|---|---|---|
| S1 | $170.02 | |
| S2 | $168.87 | |
| S3 | $168.09 |
| # | Price | Strength |
|---|---|---|
| R1 | $171.95 | |
| R2 | $172.74 | |
| R3 | $173.89 |
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) | 30.40 | NEUTRAL |
| Stoch RSI (14) | 60.01 | NEUTRAL |
| Stochastic Fast (14) | 29.17 | NEUTRAL |
| Commodity Channel Index (20) | -65.56 | NEUTRAL |
| Average Directional Index (14) | 43.22 | SELL |
| Awesome Oscillator (5, 34) | -115.60 | NEUTRAL |
| Momentum (10) | -140.66 | NEUTRAL |
| MACD (12, 26) | -6.04 | NEUTRAL |
| Williams Percent Range (14) | -70.83 | NEUTRAL |
| Bull Bear Power (13) | -61.19 | NEUTRAL |
| Ultimate Oscillator (7, 14, 28) | 33.91 | NEUTRAL |
| VWMA (10) | 162.02 | BUY |
| Hull Moving Average (9) | 169.34 | BUY |
| 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 SPX6900 (SPX), Bitcoin (BTC), GateToken (GT), Pudgy Penguins (PENGU) and Immutable X (IMX) and most negatively correlated with the price of Ethena (ENA), DeXe (DEXE), Celestia (TIA), APENFT (NFT) and BitTorrent (BTT).
| Name | Correlation |
|---|---|
| SPX6900 | 0.903 |
| Bitcoin | 0.896 |
| GateToken | 0.895 |
| Pudgy Penguins | 0.875 |
| Immutable X | 0.875 |
| Name | Correlation |
|---|---|
| Ethena | -0.815 |
| DeXe | -0.677 |
| Celestia | -0.595 |
| APENFT | -0.588 |
| BitTorrent | -0.494 |
Insurance price is positively correlated with the top 10 coins by market cap with a price of 0.519, excluding Tether (USDT) and positively correlated with the top 100 coins by market cap excluding all stablecoins with a price of 0.352.
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.
