Based on today's classical pivot point (P1) with the value of $0.1041, Polygon Ecosystem Token has support levels of $0.1013, $0.09990, and the strongest at $0.09707. Similarly, Polygon Ecosystem Token resistance levels are at $0.1056, $0.1084, and $0.1098.
| # | Price | Strength |
|---|---|---|
| S1 | $0.1013 | |
| S2 | $0.09990 | |
| S3 | $0.09707 |
| # | Price | Strength |
|---|---|---|
| R1 | $0.1056 | |
| R2 | $0.1084 | |
| R3 | $0.1098 |
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) | 25.01 | BUY |
| Stoch RSI (14) | 0.00 | BUY |
| Stochastic Fast (14) | 18.24 | BUY |
| Commodity Channel Index (20) | -66.67 | NEUTRAL |
| Average Directional Index (14) | 63.41 | SELL |
| Awesome Oscillator (5, 34) | -0.02 | NEUTRAL |
| Momentum (10) | -0.01 | NEUTRAL |
| MACD (12, 26) | 0.00 | NEUTRAL |
| Williams Percent Range (14) | -81.76 | BUY |
| Ultimate Oscillator (7, 14, 28) | 38.39 | NEUTRAL |
| VWMA (10) | 0.11 | SELL |
| Hull Moving Average (9) | 0.11 | BUY |
| Ichimoku Cloud B/L (9, 26, 52, 26) | 0.12 | NEUTRAL |
Over the past 7 days, Polygon Ecosystem Token price was most positively correlated with the price of Ethereum Classic (ETC), Bonk (BONK), Optimism (OP), Aster (ASTER) and Ondo Finance (ONDO) and most negatively correlated with the price of APENFT (NFT), Merlin Chain (MERL), Curve DAO Token (CRV), Sky (SKY) and zkSync (ZK).
| Name | Correlation |
|---|---|
| Ethereum Classic | 0.944 |
| Bonk | 0.936 |
| Optimism | 0.935 |
| Aster | 0.911 |
| Ondo Finance | 0.906 |
| Name | Correlation |
|---|---|
| APENFT | -0.474 |
| Merlin Chain | -0.436 |
| Curve DAO Token | -0.427 |
| Sky | -0.268 |
| zkSync | 0.047 |
Polygon Ecosystem Token price is positively correlated with the top 10 coins by market cap with a price of 0.601, excluding Tether (USDT) and positively correlated with the top 100 coins by market cap excluding all stablecoins with a price of 0.562.
Currencies that are positively correlated with Polygon Ecosystem Token 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 Polygon Ecosystem Token, a move in one direction for Polygon Ecosystem Token would translate into a move in the opposite direction for the negatively correlated coin.
