Based on today's classical pivot point (P1) with the value of $0.002748, OpenOcean has support levels of $0.002727, $0.002685, and the strongest at $0.002665. Similarly, OpenOcean resistance levels are at $0.002789, $0.002810, and $0.002852.
| # | Price | Strength |
|---|---|---|
| S1 | $0.002727 | |
| S2 | $0.002685 | |
| S3 | $0.002665 |
| # | Price | Strength |
|---|---|---|
| R1 | $0.002789 | |
| R2 | $0.002810 | |
| R3 | $0.002852 |
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) | 56.82 | NEUTRAL |
| Stoch RSI (14) | 100.00 | SELL |
| Stochastic Fast (14) | 100.00 | SELL |
| Commodity Channel Index (20) | 142.78 | SELL |
| Average Directional Index (14) | 34.75 | BUY |
| Awesome Oscillator (5, 34) | 0.00 | BUY |
| Momentum (10) | 0.00 | NEUTRAL |
| MACD (12, 26) | 0.00 | NEUTRAL |
| Williams Percent Range (14) | 0.00 | NEUTRAL |
| Bull Bear Power (13) | 0.00 | NEUTRAL |
| Ultimate Oscillator (7, 14, 28) | 80.25 | SELL |
| 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, OpenOcean price was most positively correlated with the price of TRON (TRX), Pepe Coin (PEPE), Floki Inu (FLOKI), Immutable X (IMX) and Tezos (XTZ) and most negatively correlated with the price of Venice Token (VVV), Jito (JTO), Morpho (MORPHO), Gnosis (GNO) and Pi Network (PI).
| Name | Correlation |
|---|---|
| TRON | 0.921 |
| Pepe Coin | 0.907 |
| Floki Inu | 0.895 |
| Immutable X | 0.895 |
| Tezos | 0.882 |
| Name | Correlation |
|---|---|
| Venice Token | -0.770 |
| Jito | -0.545 |
| Morpho | -0.378 |
| Gnosis | -0.345 |
| Pi Network | -0.301 |
OpenOcean price is positively correlated with the top 10 coins by market cap with a price of 0.711, excluding Tether (USDT) and positively correlated with the top 100 coins by market cap excluding all stablecoins with a price of 0.570.
Currencies that are positively correlated with OpenOcean 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 OpenOcean, a move in one direction for OpenOcean would translate into a move in the opposite direction for the negatively correlated coin.
