The current setup is weak or too risky to treat as an attractive buy right now.
In the current Bear Quiet regime, the best-fit approach is Stay defensive and wait for confirmation. The market is weak without panic-level volatility, which usually argues for staying defensive, avoiding aggressive entries, and waiting for clearer evidence of a reversal.
Renewable Energy support and resistance levels highlight key price zones where buyers and sellers are most active. This section helps identify likely breakout areas, pullback support, overhead resistance, and the current trading range so you can evaluate trend continuation, reversal risk, and near-term crypto price direction.
| Level | Zone | Strength |
|---|---|---|
| Support 1 | $0.0₁₁4254 - $0.0₁₁4619 | |
| Resistance 1 | $0.0₁₁4923 - $0.0₁₁5608 | |
| Resistance 2 | $0.0₁₁5668 - $0.0₁₁5985 | |
| Resistance 3 | $0.0₁₁6113 - $0.0₁₁6787 | |
| Resistance 4 | $0.0₁₁6900 - $0.0₁₁8083 |
RET clears the resistance zone at $0.0₁₁4923 - $0.0₁₁5608 and holds above it. That would strengthen the breakout case and shift attention to $0.0₁₁5668 - $0.0₁₁5985.
RET loses the support zone at $0.0₁₁4254 - $0.0₁₁4619. That would weaken the setup and open the way toward $0.0₁₁4254 - $0.0₁₁4619.
RET continues trading between $0.0₁₁4619 and $0.0₁₁4923. In that case, range-trading conditions remain active.
Technical indicators help summarize trend, momentum, volatility, and key price levels. They should not be used in isolation, but they can help identify whether a coin is trending, ranging, overextended, or approaching an important support or resistance level.
| Indicator | Value | Signal | Interpretation |
|---|---|---|---|
| SMA50 | $0.0₁₁7041 | Bearish | RET is trading below the 50-day average. |
| SMA200 | $0.0₁₁6081 | Bearish | RET remains below the long-term trend line. |
| EMA50 | $0.0₁₁6491 | Bearish | RET is trading below the 50-day exponential average, which weakens the recent trend. |
| EMA200 | $0.0₁₁7767 | Bearish | RET is below the 200-day exponential average, which keeps the longer-term structure under pressure. |
| RSI (14) | 21.64 | Oversold | RSI (14) is depressed at 21.64, which suggests downside momentum may be getting exhausted. |
| Stoch RSI (14) | 27.92 | Neutral | Stoch RSI (14) is at 27.92, which suggests momentum is active but not yet extreme. |
| MACD | -7.070e-13 | Bearish | MACD is below its signal line. |
| ATR | 5.06% | Quiet | Volatility is below its 180-day median. |
| VWMA | $0.0₁₁5915 | Bearish | Price is below the volume-weighted average. |
| Commodity Channel Index (20) | -63.82 | Neutral | CCI (20) is at -63.82, which keeps price relatively close to its recent average. |
| Awesome Oscillator (5, 34) | $-1.857e-12 | Bearish | Awesome Oscillator is below zero at $-1.857e-12, which supports bearish momentum. |
| Williams Percent Range (14) | -99.59 | Oversold | Williams Percent Range (14) is near the bottom of its recent range at -99.59. |
| Bull Bear Power (13) | $-4.120e-13 | Bearish | Bull Bear Power (13) is negative at $-4.120e-13, which suggests sellers are controlling price relative to the EMA baseline. |
| Ultimate Oscillator (7, 14, 28) | 31.79 | Neutral | Ultimate Oscillator is at 31.79, which suggests momentum is balanced across its short, medium, and long windows. |
| Hull Moving Average (9) | $0.0₁₁4933 | Bearish | RET is trading below the Hull Moving Average (9), which weakens the near-term trend. |
| Ichimoku Cloud B/L (9, 26, 52, 26) | $0.0₁₁6493 | Bearish | RET is trading below the Ichimoku base line, which points to weaker structure. |
Over the past 7 days, Renewable Energy price was most positively correlated with the price of XDC Network (XDC), Decred (DCR), Dash (DASH), Bonk (BONK) and KuCoin Token (KCS) and most negatively correlated with the price of Basic Attention Token (BAT), Celestia (TIA), Injective (INJ), Optimism (OP) and Algorand (ALGO).
| Name | Correlation |
|---|---|
| XDC Network | 0.504 |
| Decred | 0.318 |
| Dash | 0.302 |
| Bonk | 0.244 |
| KuCoin Token | 0.237 |
| Name | Correlation |
|---|---|
| Basic Attention Token | -0.645 |
| Celestia | -0.580 |
| Injective | -0.539 |
| Optimism | -0.528 |
| Algorand | -0.521 |
Renewable Energy price is negatively correlated with the top 10 coins by market cap with a price of -0.416, excluding Tether (USDT) and negatively correlated with the top 100 coins by market cap excluding all stablecoins with a price of -0.206. Currencies that are positively correlated with Renewable Energy 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 Renewable Energy, a move in one direction for Renewable Energy would translate into a move in the opposite direction for the negatively correlated coin.
