Based on today's classical pivot point (P1) with the value of $0.0₆9918, Nitro has support levels of $0.0₆9625, $0.0₆9129, and the strongest at $0.0₆8836. Similarly, Nitro resistance levels are at $0.0₅1041, $0.0₅1071, and $0.0₅1120.
| # | Price | Strength |
|---|---|---|
| S1 | $0.0₆9625 | |
| S2 | $0.0₆9129 | |
| S3 | $0.0₆8836 |
| # | Price | Strength |
|---|---|---|
| R1 | $0.0₅1041 | |
| R2 | $0.0₅1071 | |
| R3 | $0.0₅1120 |
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) | 54.55 | NEUTRAL |
| Stoch RSI (14) | 70.19 | NEUTRAL |
| Stochastic Fast (14) | 65.40 | NEUTRAL |
| Commodity Channel Index (20) | 115.82 | SELL |
| Average Directional Index (14) | 19.24 | NEUTRAL |
| Awesome Oscillator (5, 34) | 0.00 | BUY |
| Momentum (10) | 0.00 | NEUTRAL |
| MACD (12, 26) | 0.00 | NEUTRAL |
| Williams Percent Range (14) | -34.60 | NEUTRAL |
| Bull Bear Power (13) | 0.00 | NEUTRAL |
| Ultimate Oscillator (7, 14, 28) | 57.92 | 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, Nitro price was most positively correlated with the price of Gnosis (GNO), Venice Token (VVV), Sky (SKY), Ethereum (ETH) and Beldex (BDX) and most negatively correlated with the price of JUST (JST), Sun Token (SUN), APENFT (NFT), LEO Token (LEO) and Jito (JTO).
| Name | Correlation |
|---|---|
| Gnosis | 0.708 |
| Venice Token | 0.580 |
| Sky | 0.542 |
| Ethereum | 0.536 |
| Beldex | 0.535 |
| Name | Correlation |
|---|---|
| JUST | -0.701 |
| Sun Token | -0.657 |
| APENFT | -0.375 |
| LEO Token | -0.259 |
| Jito | -0.212 |
Nitro price is positively correlated with the top 10 coins by market cap with a price of 0.354, excluding Tether (USDT) and positively correlated with the top 100 coins by market cap excluding all stablecoins with a price of 0.315.
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.
