Based on today's classical pivot point (P1) with the value of $1.02, Railgun has support levels of $0.9891, $0.9725, and the strongest at $0.9399. Similarly, Railgun resistance levels are at $1.04, $1.07, and $1.09.
| # | Price | Strength |
|---|---|---|
| S1 | $0.9891 | |
| S2 | $0.9725 | |
| S3 | $0.9399 |
| # | Price | Strength |
|---|---|---|
| R1 | $1.04 | |
| R2 | $1.07 | |
| R3 | $1.09 |
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) | 33.75 | NEUTRAL |
| Stoch RSI (14) | 0.00 | BUY |
| Stochastic Fast (14) | 20.71 | NEUTRAL |
| Commodity Channel Index (20) | -213.82 | BUY |
| Average Directional Index (14) | 17.87 | NEUTRAL |
| Awesome Oscillator (5, 34) | -0.04 | NEUTRAL |
| Momentum (10) | -0.28 | NEUTRAL |
| MACD (12, 26) | -0.01 | NEUTRAL |
| Williams Percent Range (14) | -79.29 | NEUTRAL |
| Bull Bear Power (13) | -0.28 | NEUTRAL |
| Ultimate Oscillator (7, 14, 28) | 33.38 | NEUTRAL |
| VWMA (10) | 1.17 | SELL |
| Hull Moving Average (9) | 1.04 | SELL |
| Ichimoku Cloud B/L (9, 26, 52, 26) | 1.16 | NEUTRAL |
Over the past 7 days, Railgun price was most positively correlated with the price of Polkadot (DOT), Immutable X (IMX), Decred (DCR), Optimism (OP) and Aster (ASTER) and most negatively correlated with the price of Bittensor (TAO), Toncoin (TON), Beldex (BDX), World Liberty Financial (WLFI) and LayerZero (ZRO).
| Name | Correlation |
|---|---|
| Polkadot | 0.790 |
| Immutable X | 0.741 |
| Decred | 0.702 |
| Optimism | 0.696 |
| Aster | 0.611 |
| Name | Correlation |
|---|---|
| Bittensor | -0.819 |
| Toncoin | -0.811 |
| Beldex | -0.779 |
| World Liberty Financial | -0.777 |
| LayerZero | -0.749 |
Railgun price is negatively correlated with the top 10 coins by market cap with a price of -0.083, excluding Tether (USDT) and negatively correlated with the top 100 coins by market cap excluding all stablecoins with a price of -0.070.
Currencies that are positively correlated with Railgun 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 Railgun, a move in one direction for Railgun would translate into a move in the opposite direction for the negatively correlated coin.
