Based on today's classical pivot point (P1) with the value of $0.04256, OpenEden has support levels of $0.03933, $0.03740, and the strongest at $0.03417. Similarly, OpenEden resistance levels are at $0.04449, $0.04773, and $0.04965.
| # | Price | Strength |
|---|---|---|
| S1 | $0.03933 | |
| S2 | $0.03740 | |
| S3 | $0.03417 |
| # | Price | Strength |
|---|---|---|
| R1 | $0.04449 | |
| R2 | $0.04773 | |
| R3 | $0.04965 |
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) | 63.61 | NEUTRAL |
| Stoch RSI (14) | 71.25 | NEUTRAL |
| Stochastic Fast (14) | 63.39 | NEUTRAL |
| Commodity Channel Index (20) | 149.72 | SELL |
| Average Directional Index (14) | 36.54 | BUY |
| Awesome Oscillator (5, 34) | 0.01 | NEUTRAL |
| Momentum (10) | 0.00 | NEUTRAL |
| MACD (12, 26) | 0.00 | NEUTRAL |
| Williams Percent Range (14) | -36.61 | NEUTRAL |
| Bull Bear Power (13) | 0.01 | NEUTRAL |
| Ultimate Oscillator (7, 14, 28) | 51.14 | NEUTRAL |
| VWMA (10) | 0.04 | BUY |
| Hull Moving Average (9) | 0.04 | SELL |
| Ichimoku Cloud B/L (9, 26, 52, 26) | 0.04 | NEUTRAL |
Over the past 7 days, OpenEden price was most positively correlated with the price of Solana (SOL), Jupiter (JUP), Aptos (APT), Immutable X (IMX) and Arbitrum (ARB) and most negatively correlated with the price of Dash (DASH), Pi Network (PI), Bitcoin Cash (BCH), Beldex (BDX) and Toncoin (TON).
| Name | Correlation |
|---|---|
| Solana | 0.791 |
| Jupiter | 0.789 |
| Aptos | 0.785 |
| Immutable X | 0.783 |
| Arbitrum | 0.779 |
| Name | Correlation |
|---|---|
| Dash | -0.597 |
| Pi Network | -0.568 |
| Bitcoin Cash | -0.432 |
| Beldex | -0.395 |
| Toncoin | -0.364 |
OpenEden price is positively correlated with the top 10 coins by market cap with a price of 0.516, excluding Tether (USDT) and positively correlated with the top 100 coins by market cap excluding all stablecoins with a price of 0.422.
Currencies that are positively correlated with OpenEden 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 OpenEden, a move in one direction for OpenEden would translate into a move in the opposite direction for the negatively correlated coin.
