Based on today's classical pivot point (P1) with the value of $0.0₅1068, Nitro has support levels of $0.0₅1044, $0.0₅1027, and the strongest at $0.0₅1003. Similarly, Nitro resistance levels are at $0.0₅1084, $0.0₅1109, and $0.0₅1125.
| # | Price | Strength |
|---|---|---|
| S1 | $0.0₅1044 | |
| S2 | $0.0₅1027 | |
| S3 | $0.0₅1003 |
| # | Price | Strength |
|---|---|---|
| R1 | $0.0₅1084 | |
| R2 | $0.0₅1109 | |
| R3 | $0.0₅1125 |
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) | 51.52 | NEUTRAL |
| Stoch RSI (14) | 17.40 | BUY |
| Stochastic Fast (14) | 22.42 | NEUTRAL |
| Commodity Channel Index (20) | 12.38 | NEUTRAL |
| Average Directional Index (14) | 25.33 | BUY |
| Awesome Oscillator (5, 34) | 0.00 | NEUTRAL |
| Momentum (10) | -0.00 | SELL |
| MACD (12, 26) | -0.00 | NEUTRAL |
| Williams Percent Range (14) | -77.58 | NEUTRAL |
| Bull Bear Power (13) | 0.00 | SELL |
| Ultimate Oscillator (7, 14, 28) | 35.84 | NEUTRAL |
| VWMA (10) | 0.00 | SELL |
| 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 Stacks (STX), Monad (MON), Pendle (PENDLE), World Liberty Financial (WLFI) and Sui Crypto (SUI) and most negatively correlated with the price of Venice Token (VVV), Shiba Inu (SHIB), DeXe (DEXE), Bonk (BONK) and LayerZero (ZRO).
| Name | Correlation |
|---|---|
| Stacks | 0.773 |
| Monad | 0.730 |
| Pendle | 0.706 |
| World Liberty Financial | 0.690 |
| Sui Crypto | 0.679 |
| Name | Correlation |
|---|---|
| Venice Token | -0.430 |
| Shiba Inu | -0.407 |
| DeXe | -0.335 |
| Bonk | -0.296 |
| LayerZero | -0.267 |
Nitro price is positively correlated with the top 10 coins by market cap with a price of 0.275, excluding Tether (USDT) and positively correlated with the top 100 coins by market cap excluding all stablecoins with a price of 0.327.
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.
