Based on today's classical pivot point (P1) with the value of $0.0₆3044, Nengcoin has support levels of $0.0₆2995, $0.0₆2940, and the strongest at $0.0₆2891. Similarly, Nengcoin resistance levels are at $0.0₆3098, $0.0₆3147, and $0.0₆3202.
| # | Price | Strength |
|---|---|---|
| S1 | $0.0₆2995 | |
| S2 | $0.0₆2940 | |
| S3 | $0.0₆2891 |
| # | Price | Strength |
|---|---|---|
| R1 | $0.0₆3098 | |
| R2 | $0.0₆3147 | |
| R3 | $0.0₆3202 |
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) | 67.75 | NEUTRAL |
| Stoch RSI (14) | 100.00 | SELL |
| Stochastic Fast (14) | 91.18 | SELL |
| Commodity Channel Index (20) | 186.53 | SELL |
| Average Directional Index (14) | 33.63 | BUY |
| Awesome Oscillator (5, 34) | 0.00 | NEUTRAL |
| Momentum (10) | 0.00 | NEUTRAL |
| MACD (12, 26) | 0.00 | NEUTRAL |
| Williams Percent Range (14) | -8.82 | SELL |
| Bull Bear Power (13) | 0.00 | NEUTRAL |
| Ultimate Oscillator (7, 14, 28) | 49.81 | 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 Bitcoin Cash (BCH), DeXe (DEXE), Sun Token (SUN), LEO Token (LEO) and JUST (JST) and most negatively correlated with the price of Decred (DCR), Polkadot (DOT), Ethena (ENA), Pyth Network (PYTH) and Sei (SEI).
| Name | Correlation |
|---|---|
| Bitcoin Cash | 0.832 |
| DeXe | 0.788 |
| Sun Token | 0.717 |
| LEO Token | 0.684 |
| JUST | 0.680 |
| Name | Correlation |
|---|---|
| Decred | -0.869 |
| Polkadot | -0.837 |
| Ethena | -0.813 |
| Pyth Network | -0.797 |
| Sei | -0.764 |
Nengcoin price is negatively correlated with the top 10 coins by market cap with a price of -0.236, excluding Tether (USDT) and negatively correlated with the top 100 coins by market cap excluding all stablecoins with a price of -0.233.
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.
