Image of XNL
XNLNovastro
$0.00008662
0.20%
1D

Novastro Analysis

Investment Score
A quick view into Novastro's investment prospects.
3.3

The current setup is weak or too risky to treat as an attractive buy right now.

What is helping
  • Price is trading above the Hull Moving Average (9), which keeps the near-term trend supportive.
  • Stoch RSI is near the lower end of its range, which suggests downside momentum may be getting exhausted.
Main risks
  • ATR percentile is elevated, which signals a noisier market and a higher chance of sharp swings.
  • The higher-timeframe trend is still working against fresh longs.
Market State Summary
Current regime
Bear Volatile
Confidence: 91%
Why this state?
  • XNL is below SMA50
  • SMA50 is below SMA200
  • SMA50 slope is negative over the last 10 days
  • 30-day return is negative
  • ATR volatility is above the 60th percentile of its trailing 180-day history
Suggested strategy

In the current Bear Volatile regime, the best-fit approach is Capital preservation / avoid chasing reversals. Downtrend pressure is being reinforced by unstable price action, which makes capital preservation and patience more important than trying to catch sharp countertrend moves.

Trend
Bearish
XNL is trading below key moving averages and the medium-term trend is still weakening.
Momentum
Oversold
RSI is 16.50, which points to stretched downside momentum.
Volatility
Volatile
XNL ATR volatility is above the 60th percentile of its trailing 180-day history.
Key Levels
Resistance zone
$0.0001050 - $0.0001214
Support zone
$0.00007987 - $0.00008617
Chart Patterns
SMA50
SMA100
SMA200
RSI
Oversold
MACD
Bearish
ATR%
Volatile
Volume
Average
Support & Resistance

Novastro support and resistance levels highlight key price zones where buyers and sellers are most active. This section helps identify likely breakout areas, pullback support, overhead resistance, and the current trading range so you can evaluate trend continuation, reversal risk, and near-term crypto price direction.

Support zone
$0.00007987 - $0.00008617
Resistance zone
$0.0001050 - $0.0001214
Active zone
--
Levels Table
LevelZoneStrength
Support 1$0.00007987 - $0.00008617
Resistance 1$0.0001050 - $0.0001214
Resistance 2$0.0001219 - $0.0001284
Scenario Analysis
Bullish scenario

XNL clears the resistance zone at $0.0001050 - $0.0001214 and holds above it. That would strengthen the breakout case and shift attention to $0.0001219 - $0.0001284.

Bearish scenario

XNL loses the support zone at $0.00007987 - $0.00008617. That would weaken the setup and open the way toward $0.00007987 - $0.00008617.

Neutral scenario

XNL continues trading between $0.00008617 and $0.0001050. In that case, range-trading conditions remain active.

Technical Indicators

Technical indicators help summarize trend, momentum, volatility, and key price levels. They should not be used in isolation, but they can help identify whether a coin is trending, ranging, overextended, or approaching an important support or resistance level.

IndicatorValueSignalInterpretation
SMA50
$0.0001042
Bearish
XNL is trading below the 50-day average.
SMA200
$0.0001335
Bearish
XNL remains below the long-term trend line.
EMA50
$0.0001028
Bearish
XNL is trading below the 50-day exponential average, which weakens the recent trend.
EMA200
$0.0004486
Bearish
XNL is below the 200-day exponential average, which keeps the longer-term structure under pressure.
RSI (14)
16.50
Oversold
RSI (14) is depressed at 16.50, which suggests downside momentum may be getting exhausted.
Stoch RSI (14)
4.00
Oversold
Stoch RSI (14) is low at 4.00, which shows momentum is pressing near its recent lower extreme.
MACD
-0.000004871
Bearish
MACD is below its signal line.
ATR
5.62%
Volatile
Volatility is above its 180-day median.
VWMA
$0.00009830
Bearish
Price is below the volume-weighted average.
Commodity Channel Index (20)
-157.00
Bearish
CCI (20) is weak at -157.00, which shows price is trading well below its recent average.
Awesome Oscillator (5, 34)
$-0.00001150
Bearish
Awesome Oscillator is below zero at $-0.00001150, which supports bearish momentum.
Williams Percent Range (14)
-82.10
Oversold
Williams Percent Range (14) is near the bottom of its recent range at -82.10.
Bull Bear Power (13)
$-0.000007628
Bearish
Bull Bear Power (13) is negative at $-0.000007628, which suggests sellers are controlling price relative to the EMA baseline.
Ultimate Oscillator (7, 14, 28)
39.81
Neutral
Ultimate Oscillator is at 39.81, which suggests momentum is balanced across its short, medium, and long windows.
Hull Moving Average (9)
$0.00008322
Bullish
XNL is trading above the Hull Moving Average (9), which supports the near-term trend.
Ichimoku Cloud B/L (9, 26, 52, 26)
$0.00009532
Bearish
XNL is trading below the Ichimoku base line, which points to weaker structure.
Assets Similar to Novastro

Over the past 7 days, Novastro price was most positively correlated with the price of Gram (prev. Toncoin) (GRAM), Jupiter (JUP), Immutable X (IMX), Kaspa (KAS) and Sun Token (SUN) and most negatively correlated with the price of Basic Attention Token (BAT), LEO Token (LEO), Stacks (STX), Monero (XMR) and Pyth Network (PYTH).

Positively Correlated Currencies
NameCorrelation
Image of Gram (prev. Toncoin)Gram (prev. Toncoin)0.940
Image of JupiterJupiter0.906
Image of Immutable XImmutable X0.899
Image of KaspaKaspa0.897
Image of Sun TokenSun Token0.895
Negatively Correlated Currencies
NameCorrelation
Image of Basic Attention TokenBasic Attention Token-0.771
Image of LEO TokenLEO Token-0.683
Image of StacksStacks-0.682
Image of MoneroMonero-0.642
Image of Pyth NetworkPyth Network-0.613

Novastro price is positively correlated with the top 10 coins by market cap with a price of 0.408, excluding Tether (USDT) and positively correlated with the top 100 coins by market cap excluding all stablecoins with a price of 0.491. Currencies that are positively correlated with Novastro 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 Novastro, a move in one direction for Novastro would translate into a move in the opposite direction for the negatively correlated coin.

The CoinCheckup Cryptocurrency Price Tracker
Track over 40,000 crypto prices in real-time with ease.
Google Play Store link
4.3 • 10,000+ Ratings
Image of mobile app