Based on today's classical pivot point (P1) with the value of $0.0002639, Kanagawa Nami has support levels of $0.0002590, $0.0002495, and the strongest at $0.0002446. Similarly, Kanagawa Nami resistance levels are at $0.0002735, $0.0002784, and $0.0002879.
| # | Price | Strength |
|---|---|---|
| S1 | $0.0002590 | |
| S2 | $0.0002495 | |
| S3 | $0.0002446 |
| # | Price | Strength |
|---|---|---|
| R1 | $0.0002735 | |
| R2 | $0.0002784 | |
| R3 | $0.0002879 |
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) | 61.07 | NEUTRAL |
| Stoch RSI (14) | 100.00 | SELL |
| Stochastic Fast (14) | 98.91 | SELL |
| Commodity Channel Index (20) | 159.26 | SELL |
| Average Directional Index (14) | 33.72 | BUY |
| Awesome Oscillator (5, 34) | 0.00 | NEUTRAL |
| Momentum (10) | 0.00 | NEUTRAL |
| MACD (12, 26) | 0.00 | NEUTRAL |
| Williams Percent Range (14) | -1.09 | SELL |
| Bull Bear Power (13) | 0.00 | NEUTRAL |
| Ultimate Oscillator (7, 14, 28) | 63.84 | NEUTRAL |
| VWMA (10) | 0.00 | BUY |
| Hull Moving Average (9) | 0.00 | BUY |
| Ichimoku Cloud B/L (9, 26, 52, 26) | 0.00 | NEUTRAL |
Over the past 7 days, Kanagawa Nami price was most positively correlated with the price of Quant (QNT), Conflux (CFX), Immutable X (IMX), TRON (TRX) and Dogecoin (DOGE) and most negatively correlated with the price of Beldex (BDX), APENFT (NFT), Polygon Ecosystem Token (POL), Morpho (MORPHO) and Internet Computer (ICP).
| Name | Correlation |
|---|---|
| Quant | 0.752 |
| Conflux | 0.741 |
| Immutable X | 0.669 |
| TRON | 0.661 |
| Dogecoin | 0.661 |
| Name | Correlation |
|---|---|
| Beldex | -0.779 |
| APENFT | -0.709 |
| Polygon Ecosystem Token | -0.664 |
| Morpho | -0.634 |
| Internet Computer | -0.631 |
Kanagawa Nami price is negatively correlated with the top 10 coins by market cap with a price of -0.224, excluding Tether (USDT) and negatively correlated with the top 100 coins by market cap excluding all stablecoins with a price of -0.144.
Currencies that are positively correlated with Kanagawa Nami 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 Kanagawa Nami, a move in one direction for Kanagawa Nami would translate into a move in the opposite direction for the negatively correlated coin.
