Based on today's classical pivot point (P1) with the value of $0.01164, Movement has support levels of $0.01133, $0.01103, and the strongest at $0.01072. Similarly, Movement resistance levels are at $0.01194, $0.01225, and $0.01255.
| # | Price | Strength |
|---|---|---|
| S1 | $0.01133 | |
| S2 | $0.01103 | |
| S3 | $0.01072 |
| # | Price | Strength |
|---|---|---|
| R1 | $0.01194 | |
| R2 | $0.01225 | |
| R3 | $0.01255 |
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) | 24.18 | BUY |
| Stoch RSI (14) | 16.64 | BUY |
| Stochastic Fast (14) | 12.17 | BUY |
| Commodity Channel Index (20) | -157.31 | BUY |
| Average Directional Index (14) | 26.21 | SELL |
| Awesome Oscillator (5, 34) | -0.00 | NEUTRAL |
| Momentum (10) | -0.00 | NEUTRAL |
| MACD (12, 26) | -0.00 | NEUTRAL |
| Williams Percent Range (14) | -87.83 | BUY |
| Bull Bear Power (13) | -0.00 | NEUTRAL |
| Ultimate Oscillator (7, 14, 28) | 27.39 | BUY |
| VWMA (10) | 0.01 | SELL |
| Hull Moving Average (9) | 0.01 | BUY |
| Ichimoku Cloud B/L (9, 26, 52, 26) | 0.02 | NEUTRAL |
Over the past 7 days, Movement price was most positively correlated with the price of XDC Network (XDC), Immutable X (IMX), Morpho (MORPHO), Cronos (CRO) and XRP (XRP) and most negatively correlated with the price of Beldex (BDX), DeXe (DEXE), Canton (CC), Worldcoin (WLD) and Telcoin (TEL).
| Name | Correlation |
|---|---|
| XDC Network | 0.945 |
| Immutable X | 0.941 |
| Morpho | 0.932 |
| Cronos | 0.925 |
| XRP | 0.921 |
| Name | Correlation |
|---|---|
| Beldex | -0.373 |
| DeXe | -0.293 |
| Canton | -0.223 |
| Worldcoin | -0.152 |
| Telcoin | -0.107 |
Movement price is positively correlated with the top 10 coins by market cap with a price of 0.860, excluding Tether (USDT) and positively correlated with the top 100 coins by market cap excluding all stablecoins with a price of 0.777.
Currencies that are positively correlated with Movement 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 Movement, a move in one direction for Movement would translate into a move in the opposite direction for the negatively correlated coin.
