Based on today's classical pivot point (P1) with the value of $1.41, PancakeSwap has support levels of $1.39, $1.35, and the strongest at $1.33. Similarly, PancakeSwap resistance levels are at $1.45, $1.47, and $1.51.
| # | Price | Strength |
|---|---|---|
| S1 | $1.39 | |
| S2 | $1.35 | |
| S3 | $1.33 |
| # | Price | Strength |
|---|---|---|
| R1 | $1.45 | |
| R2 | $1.47 | |
| R3 | $1.51 |
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) | 42.55 | NEUTRAL |
| Stoch RSI (14) | 23.34 | NEUTRAL |
| Stochastic Fast (14) | 19.77 | BUY |
| Commodity Channel Index (20) | -114.41 | BUY |
| Average Directional Index (14) | 21.97 | NEUTRAL |
| Awesome Oscillator (5, 34) | -0.07 | NEUTRAL |
| Momentum (10) | -0.10 | NEUTRAL |
| MACD (12, 26) | -0.01 | NEUTRAL |
| Williams Percent Range (14) | -80.23 | BUY |
| Bull Bear Power (13) | -0.11 | NEUTRAL |
| Ultimate Oscillator (7, 14, 28) | 48.27 | NEUTRAL |
| VWMA (10) | 1.45 | SELL |
| Hull Moving Average (9) | 1.41 | BUY |
| Ichimoku Cloud B/L (9, 26, 52, 26) | 1.51 | NEUTRAL |
Over the past 7 days, PancakeSwap price was most positively correlated with the price of Immutable X (IMX), Bonk (BONK), Solana (SOL), Pepe Coin (PEPE) and SPX6900 (SPX) and most negatively correlated with the price of Midnight (NIGHT), DeXe (DEXE), Quant (QNT), NEAR Protocol (NEAR) and JUST (JST).
| Name | Correlation |
|---|---|
| Immutable X | 0.880 |
| Bonk | 0.849 |
| Solana | 0.843 |
| Pepe Coin | 0.830 |
| SPX6900 | 0.827 |
| Name | Correlation |
|---|---|
| Midnight | -0.389 |
| DeXe | -0.244 |
| Quant | -0.134 |
| NEAR Protocol | -0.046 |
| JUST | 0.017 |
PancakeSwap price is positively correlated with the top 10 coins by market cap with a price of 0.501, excluding Tether (USDT) and positively correlated with the top 100 coins by market cap excluding all stablecoins with a price of 0.504.
Currencies that are positively correlated with PancakeSwap 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 PancakeSwap, a move in one direction for PancakeSwap would translate into a move in the opposite direction for the negatively correlated coin.
