Based on today's classical pivot point (P1) with the value of $0.0₆3006, Nengcoin has support levels of $0.0₆2943, $0.0₆2887, and the strongest at $0.0₆2825. Similarly, Nengcoin resistance levels are at $0.0₆3062, $0.0₆3124, and $0.0₆3180.
| # | Price | Strength |
|---|---|---|
| S1 | $0.0₆2943 | |
| S2 | $0.0₆2887 | |
| S3 | $0.0₆2825 |
| # | Price | Strength |
|---|---|---|
| R1 | $0.0₆3062 | |
| R2 | $0.0₆3124 | |
| R3 | $0.0₆3180 |
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) | 35.56 | NEUTRAL |
| Stoch RSI (14) | 97.71 | SELL |
| Stochastic Fast (14) | 49.05 | NEUTRAL |
| Commodity Channel Index (20) | -27.45 | NEUTRAL |
| Average Directional Index (14) | 51.40 | SELL |
| Awesome Oscillator (5, 34) | -0.00 | NEUTRAL |
| Momentum (10) | -0.00 | NEUTRAL |
| MACD (12, 26) | 0.00 | NEUTRAL |
| Williams Percent Range (14) | -50.95 | NEUTRAL |
| Bull Bear Power (13) | 0.00 | BUY |
| Ultimate Oscillator (7, 14, 28) | 40.45 | 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, Nengcoin price was most positively correlated with the price of Monad (MON), Curve DAO Token (CRV), Nexo (NEXO), Aptos (APT) and Filecoin (FIL) and most negatively correlated with the price of World Liberty Financial (WLFI), LEO Token (LEO), Canton (CC), Gnosis (GNO) and Aave (AAVE).
| Name | Correlation |
|---|---|
| Monad | 0.920 |
| Curve DAO Token | 0.911 |
| Nexo | 0.909 |
| Aptos | 0.907 |
| Filecoin | 0.906 |
| Name | Correlation |
|---|---|
| World Liberty Financial | -0.569 |
| LEO Token | -0.501 |
| Canton | -0.450 |
| Gnosis | -0.310 |
| Aave | -0.262 |
Nengcoin price is positively correlated with the top 10 coins by market cap with a price of 0.665, excluding Tether (USDT) and positively correlated with the top 100 coins by market cap excluding all stablecoins with a price of 0.635.
Currencies that are positively correlated with Nengcoin 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 Nengcoin, a move in one direction for Nengcoin would translate into a move in the opposite direction for the negatively correlated coin.
