Based on today's classical pivot point (P1) with the value of $0.0₆9285, Nitro has support levels of $0.0₆9001, $0.0₆8753, and the strongest at $0.0₆8469. Similarly, Nitro resistance levels are at $0.0₆9533, $0.0₆9818, and $0.0₅1007.
| # | Price | Strength |
|---|---|---|
| S1 | $0.0₆9001 | |
| S2 | $0.0₆8753 | |
| S3 | $0.0₆8469 |
| # | Price | Strength |
|---|---|---|
| R1 | $0.0₆9533 | |
| R2 | $0.0₆9818 | |
| R3 | $0.0₅1007 |
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) | 48.36 | NEUTRAL |
| Stoch RSI (14) | 90.50 | SELL |
| Stochastic Fast (14) | 77.58 | NEUTRAL |
| Commodity Channel Index (20) | 43.89 | NEUTRAL |
| Average Directional Index (14) | 17.37 | NEUTRAL |
| Awesome Oscillator (5, 34) | -0.00 | NEUTRAL |
| Momentum (10) | 0.00 | BUY |
| MACD (12, 26) | 0.00 | NEUTRAL |
| Williams Percent Range (14) | -22.42 | NEUTRAL |
| Bull Bear Power (13) | 0.00 | NEUTRAL |
| Ultimate Oscillator (7, 14, 28) | 56.34 | 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, Nitro price was most positively correlated with the price of Ethereum (ETH), Tezos (XTZ), Bitcoin Cash (BCH), Immutable X (IMX) and TRON (TRX) and most negatively correlated with the price of Venice Token (VVV), Morpho (MORPHO), Jito (JTO), Pi Network (PI) and Artificial Superintelligence Alliance (FET).
| Name | Correlation |
|---|---|
| Ethereum | 0.758 |
| Tezos | 0.755 |
| Bitcoin Cash | 0.723 |
| Immutable X | 0.710 |
| TRON | 0.708 |
| Name | Correlation |
|---|---|
| Venice Token | -0.610 |
| Morpho | -0.522 |
| Jito | -0.499 |
| Pi Network | -0.431 |
| Artificial Superintelligence Alliance | -0.408 |
Nitro price is positively correlated with the top 10 coins by market cap with a price of 0.274, excluding Tether (USDT) and positively correlated with the top 100 coins by market cap excluding all stablecoins with a price of 0.182.
Currencies that are positively correlated with Nitro 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 Nitro, a move in one direction for Nitro would translate into a move in the opposite direction for the negatively correlated coin.
