Based on today's classical pivot point (P1) with the value of $0.0₅9230, PEON has support levels of $0.0₅8906, $0.0₅8732, and the strongest at $0.0₅8408. Similarly, PEON resistance levels are at $0.0₅9404, $0.0₅9728, and $0.0₅9902.
| # | Price | Strength |
|---|---|---|
| S1 | $0.0₅8906 | |
| S2 | $0.0₅8732 | |
| S3 | $0.0₅8408 |
| # | Price | Strength |
|---|---|---|
| R1 | $0.0₅9404 | |
| R2 | $0.0₅9728 | |
| R3 | $0.0₅9902 |
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) | 27.16 | BUY |
| Stoch RSI (14) | 0.00 | BUY |
| Stochastic Fast (14) | 5.33 | BUY |
| Commodity Channel Index (20) | -666.67 | BUY |
| Average Directional Index (14) | 58.17 | SELL |
| Awesome Oscillator (5, 34) | 0.00 | NEUTRAL |
| Momentum (10) | -0.00 | NEUTRAL |
| MACD (12, 26) | -0.00 | NEUTRAL |
| Williams Percent Range (14) | -94.67 | BUY |
| Bull Bear Power (13) | -0.00 | NEUTRAL |
| Ultimate Oscillator (7, 14, 28) | 13.66 | BUY |
| VWMA (10) | 0.00 | SELL |
| Hull Moving Average (9) | 0.00 | SELL |
| Ichimoku Cloud B/L (9, 26, 52, 26) | 0.00 | NEUTRAL |
Over the past 7 days, PEON price was most positively correlated with the price of Bitcoin Cash (BCH), Litecoin (LTC), Pi Network (PI), Aster (ASTER) and Zebec Network (ZBCN) and most negatively correlated with the price of DeXe (DEXE), Kaia (KAIA), Hyperliquid (HYPE), TRON (TRX) and Chiliz (CHZ).
| Name | Correlation |
|---|---|
| Bitcoin Cash | 0.841 |
| Litecoin | 0.796 |
| Pi Network | 0.757 |
| Aster | 0.738 |
| Zebec Network | 0.724 |
| Name | Correlation |
|---|---|
| DeXe | -0.669 |
| Kaia | -0.645 |
| Hyperliquid | -0.543 |
| TRON | -0.521 |
| Chiliz | -0.431 |
PEON price is positively correlated with the top 10 coins by market cap with a price of 0.549, excluding Tether (USDT) and positively correlated with the top 100 coins by market cap excluding all stablecoins with a price of 0.465.
Currencies that are positively correlated with PEON 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 PEON, a move in one direction for PEON would translate into a move in the opposite direction for the negatively correlated coin.
