Based on today's classical pivot point (P1) with the value of $0.0₆7693, Nengcoin has support levels of $0.0₆7536, $0.0₆7400, and the strongest at $0.0₆7244. Similarly, Nengcoin resistance levels are at $0.0₆7828, $0.0₆7985, and $0.0₆8120.
| # | Price | Strength |
|---|---|---|
| S1 | $0.0₆7536 | |
| S2 | $0.0₆7400 | |
| S3 | $0.0₆7244 |
| # | Price | Strength |
|---|---|---|
| R1 | $0.0₆7828 | |
| R2 | $0.0₆7985 | |
| R3 | $0.0₆8120 |
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) | 88.59 | SELL |
| Stoch RSI (14) | 52.42 | NEUTRAL |
| Stochastic Fast (14) | 92.67 | SELL |
| Commodity Channel Index (20) | 99.80 | NEUTRAL |
| Average Directional Index (14) | 84.41 | BUY |
| Awesome Oscillator (5, 34) | 0.00 | NEUTRAL |
| Momentum (10) | 0.00 | NEUTRAL |
| MACD (12, 26) | 0.00 | NEUTRAL |
| Williams Percent Range (14) | -7.33 | SELL |
| Bull Bear Power (13) | 0.00 | NEUTRAL |
| Ultimate Oscillator (7, 14, 28) | 68.77 | NEUTRAL |
| VWMA (10) | 0.00 | BUY |
| Hull Moving Average (9) | 0.00 | SELL |
| 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 Flare (FLR), Sui Crypto (SUI), Binance Coin (BNB), Cosmos (ATOM) and Celestia (TIA) and most negatively correlated with the price of World Liberty Financial (WLFI), Toncoin (TON), Dash (DASH), Sky (SKY) and Virtuals Protocol (VIRTUAL).
| Name | Correlation |
|---|---|
| Flare | 0.896 |
| Sui Crypto | 0.827 |
| Binance Coin | 0.816 |
| Cosmos | 0.803 |
| Celestia | 0.777 |
| Name | Correlation |
|---|---|
| World Liberty Financial | -0.863 |
| Toncoin | -0.812 |
| Dash | -0.788 |
| Sky | -0.779 |
| Virtuals Protocol | -0.701 |
Nengcoin price is positively correlated with the top 10 coins by market cap with a price of 0.261, excluding Tether (USDT) and positively correlated with the top 100 coins by market cap excluding all stablecoins with a price of 0.186.
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.
