Based on today's classical pivot point (P1) with the value of $0.2720, SafePal has support levels of $0.2683, $0.2609, and the strongest at $0.2572. Similarly, SafePal resistance levels are at $0.2793, $0.2830, and $0.2903.
| # | Price | Strength |
|---|---|---|
| S1 | $0.2683 | |
| S2 | $0.2609 | |
| S3 | $0.2572 |
| # | Price | Strength |
|---|---|---|
| R1 | $0.2793 | |
| R2 | $0.2830 | |
| R3 | $0.2903 |
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) | 59.47 | NEUTRAL |
| Stoch RSI (14) | 100.00 | SELL |
| Stochastic Fast (14) | 44.36 | NEUTRAL |
| Commodity Channel Index (20) | -66.67 | NEUTRAL |
| Average Directional Index (14) | 9.83 | NEUTRAL |
| Awesome Oscillator (5, 34) | -0.00 | NEUTRAL |
| Momentum (10) | -0.00 | SELL |
| MACD (12, 26) | 0.00 | NEUTRAL |
| Williams Percent Range (14) | -55.64 | NEUTRAL |
| Bull Bear Power (13) | -0.00 | NEUTRAL |
| Ultimate Oscillator (7, 14, 28) | 44.66 | NEUTRAL |
| VWMA (10) | 0.27 | SELL |
| Hull Moving Average (9) | 0.26 | BUY |
| Ichimoku Cloud B/L (9, 26, 52, 26) | 0.27 | NEUTRAL |
Over the past 7 days, SafePal price was most positively correlated with the price of Binance Coin (BNB), Injective (INJ), Celestia (TIA), The Sandbox (SAND) and Immutable X (IMX) and most negatively correlated with the price of OKB (OKB), APENFT (NFT), Sun Token (SUN), Midnight (NIGHT) and TRON (TRX).
| Name | Correlation |
|---|---|
| Binance Coin | 0.819 |
| Injective | 0.815 |
| Celestia | 0.801 |
| The Sandbox | 0.792 |
| Immutable X | 0.788 |
| Name | Correlation |
|---|---|
| OKB | -0.384 |
| APENFT | -0.284 |
| Sun Token | -0.181 |
| Midnight | -0.114 |
| TRON | -0.060 |
SafePal price is positively correlated with the top 10 coins by market cap with a price of 0.681, excluding Tether (USDT) and positively correlated with the top 100 coins by market cap excluding all stablecoins with a price of 0.533.
Currencies that are positively correlated with SafePal 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 SafePal, a move in one direction for SafePal would translate into a move in the opposite direction for the negatively correlated coin.
