Based on today's classical pivot point (P1) with the value of $0.0₆3578, Root Edge has support levels of $0.0₆3211, $0.0₆3004, and the strongest at $0.0₆2637. Similarly, Root Edge resistance levels are at $0.0₆3785, $0.0₆4153, and $0.0₆4360.
| # | Price | Strength |
|---|---|---|
| S1 | $0.0₆3211 | |
| S2 | $0.0₆3004 | |
| S3 | $0.0₆2637 |
| # | Price | Strength |
|---|---|---|
| R1 | $0.0₆3785 | |
| R2 | $0.0₆4153 | |
| R3 | $0.0₆4360 |
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) | 27.45 | BUY |
| Stoch RSI (14) | 0.00 | BUY |
| Stochastic Fast (14) | 0.13 | BUY |
| Commodity Channel Index (20) | -64.72 | NEUTRAL |
| Average Directional Index (14) | 35.47 | SELL |
| Awesome Oscillator (5, 34) | -0.00 | NEUTRAL |
| Momentum (10) | -0.00 | NEUTRAL |
| MACD (12, 26) | 0.00 | NEUTRAL |
| Williams Percent Range (14) | -99.87 | BUY |
| Bull Bear Power (13) | -0.00 | NEUTRAL |
| Ultimate Oscillator (7, 14, 28) | 17.21 | BUY |
| VWMA (10) | 0.00 | SELL |
| Hull Moving Average (9) | 0.00 | BUY |
| Ichimoku Cloud B/L (9, 26, 52, 26) | 0.00 | NEUTRAL |
Over the past 7 days, Root Edge price was most positively correlated with the price of Gnosis (GNO), Canton (CC), LEO Token (LEO), Jito (JTO) and Venice Token (VVV) and most negatively correlated with the price of Bitget Token (BGB), Bitcoin Cash (BCH), KuCoin Token (KCS), Chainlink (LINK) and Curve DAO Token (CRV).
| Name | Correlation |
|---|---|
| Gnosis | 0.628 |
| Canton | 0.457 |
| LEO Token | 0.303 |
| Jito | 0.292 |
| Venice Token | 0.284 |
| Name | Correlation |
|---|---|
| Bitget Token | -0.895 |
| Bitcoin Cash | -0.881 |
| KuCoin Token | -0.878 |
| Chainlink | -0.877 |
| Curve DAO Token | -0.877 |
Root Edge price is negatively correlated with the top 10 coins by market cap with a price of -0.707, excluding Tether (USDT) and negatively correlated with the top 100 coins by market cap excluding all stablecoins with a price of -0.627.
Currencies that are positively correlated with Root Edge 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 Root Edge, a move in one direction for Root Edge would translate into a move in the opposite direction for the negatively correlated coin.
