Based on today's classical pivot point (P1) with the value of $0.05386, Polymesh has support levels of $0.05225, $0.05103, and the strongest at $0.04942. Similarly, Polymesh resistance levels are at $0.05508, $0.05669, and $0.05791.
| # | Price | Strength |
|---|---|---|
| S1 | $0.05225 | |
| S2 | $0.05103 | |
| S3 | $0.04942 |
| # | Price | Strength |
|---|---|---|
| R1 | $0.05508 | |
| R2 | $0.05669 | |
| R3 | $0.05791 |
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) | 59.05 | NEUTRAL |
| Stoch RSI (14) | 65.85 | NEUTRAL |
| Stochastic Fast (14) | 76.62 | NEUTRAL |
| Commodity Channel Index (20) | 115.13 | SELL |
| Average Directional Index (14) | 33.72 | BUY |
| Awesome Oscillator (5, 34) | 0.00 | NEUTRAL |
| Momentum (10) | 0.01 | NEUTRAL |
| MACD (12, 26) | 0.00 | NEUTRAL |
| Williams Percent Range (14) | -23.38 | NEUTRAL |
| Bull Bear Power (13) | 0.00 | NEUTRAL |
| Ultimate Oscillator (7, 14, 28) | 58.80 | NEUTRAL |
| VWMA (10) | 0.05 | BUY |
| Hull Moving Average (9) | 0.06 | SELL |
| Ichimoku Cloud B/L (9, 26, 52, 26) | 0.05 | NEUTRAL |
Over the past 7 days, Polymesh price was most positively correlated with the price of Immutable X (IMX), Arbitrum (ARB), Chainlink (LINK), Aptos (APT) and Worldcoin (WLD) and most negatively correlated with the price of Dash (DASH), Pi Network (PI), Toncoin (TON), Bitcoin Cash (BCH) and Sky (SKY).
| Name | Correlation |
|---|---|
| Immutable X | 0.920 |
| Arbitrum | 0.905 |
| Chainlink | 0.897 |
| Aptos | 0.895 |
| Worldcoin | 0.894 |
| Name | Correlation |
|---|---|
| Dash | -0.614 |
| Pi Network | -0.515 |
| Toncoin | -0.515 |
| Bitcoin Cash | -0.379 |
| Sky | -0.279 |
Polymesh price is positively correlated with the top 10 coins by market cap with a price of 0.613, excluding Tether (USDT) and positively correlated with the top 100 coins by market cap excluding all stablecoins with a price of 0.508.
Currencies that are positively correlated with Polymesh 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 Polymesh, a move in one direction for Polymesh would translate into a move in the opposite direction for the negatively correlated coin.
