Based on today's classical pivot point (P1) with the value of $1.40, Render Token has support levels of $1.37, $1.34, and the strongest at $1.32. Similarly, Render Token resistance levels are at $1.42, $1.45, and $1.48.
| # | Price | Strength |
|---|---|---|
| S1 | $1.37 | |
| S2 | $1.34 | |
| S3 | $1.32 |
| # | Price | Strength |
|---|---|---|
| R1 | $1.42 | |
| R2 | $1.45 | |
| R3 | $1.48 |
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) | 34.41 | NEUTRAL |
| Stoch RSI (14) | 0.00 | BUY |
| Stochastic Fast (14) | 12.96 | BUY |
| Commodity Channel Index (20) | -177.78 | BUY |
| Average Directional Index (14) | 23.84 | NEUTRAL |
| Awesome Oscillator (5, 34) | -0.08 | NEUTRAL |
| Momentum (10) | -0.08 | NEUTRAL |
| MACD (12, 26) | -0.00 | NEUTRAL |
| Williams Percent Range (14) | -87.04 | BUY |
| Bull Bear Power (13) | -0.13 | NEUTRAL |
| Ultimate Oscillator (7, 14, 28) | 36.87 | NEUTRAL |
| VWMA (10) | 1.47 | SELL |
| Hull Moving Average (9) | 1.40 | SELL |
| Ichimoku Cloud B/L (9, 26, 52, 26) | 1.50 | NEUTRAL |
Over the past 7 days, Render Token price was most positively correlated with the price of Sei (SEI), Celestia (TIA), Internet Computer (ICP), Immutable X (IMX) and Official Trump (TRUMP) and most negatively correlated with the price of LEO Token (LEO), KAITO (KAITO), OKB (OKB), Curve DAO Token (CRV) and Uniswap (UNI).
| Name | Correlation |
|---|---|
| Sei | 0.969 |
| Celestia | 0.964 |
| Internet Computer | 0.959 |
| Immutable X | 0.959 |
| Official Trump | 0.956 |
| Name | Correlation |
|---|---|
| LEO Token | -0.620 |
| KAITO | -0.598 |
| OKB | -0.458 |
| Curve DAO Token | -0.447 |
| Uniswap | -0.413 |
Render Token price is positively correlated with the top 10 coins by market cap with a price of 0.494, excluding Tether (USDT) and positively correlated with the top 100 coins by market cap excluding all stablecoins with a price of 0.583.
Currencies that are positively correlated with Render 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 Render Token, a move in one direction for Render Token would translate into a move in the opposite direction for the negatively correlated coin.
