Based on today's classical pivot point (P1) with the value of $0.2194, SafePal has support levels of $0.2168, $0.2151, and the strongest at $0.2125. Similarly, SafePal resistance levels are at $0.2211, $0.2237, and $0.2254.
| # | Price | Strength |
|---|---|---|
| S1 | $0.2168 | |
| S2 | $0.2151 | |
| S3 | $0.2125 |
| # | Price | Strength |
|---|---|---|
| R1 | $0.2211 | |
| R2 | $0.2237 | |
| R3 | $0.2254 |
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) | 46.49 | NEUTRAL |
| Stoch RSI (14) | 80.34 | SELL |
| Stochastic Fast (14) | 45.03 | NEUTRAL |
| Commodity Channel Index (20) | -32.37 | NEUTRAL |
| Average Directional Index (14) | 11.00 | NEUTRAL |
| Awesome Oscillator (5, 34) | -0.00 | NEUTRAL |
| Momentum (10) | -0.00 | NEUTRAL |
| MACD (12, 26) | 0.00 | NEUTRAL |
| Williams Percent Range (14) | -54.97 | NEUTRAL |
| Bull Bear Power (13) | 0.00 | SELL |
| Ultimate Oscillator (7, 14, 28) | 37.17 | NEUTRAL |
| VWMA (10) | 0.22 | BUY |
| Hull Moving Average (9) | 0.22 | SELL |
| Ichimoku Cloud B/L (9, 26, 52, 26) | 0.23 | NEUTRAL |
Over the past 7 days, SafePal price was most positively correlated with the price of Gram (prev. Toncoin) (GRAM), Ondo Finance (ONDO), Bitget Token (BGB), Filecoin (FIL) and Immutable X (IMX) and most negatively correlated with the price of Beldex (BDX), DeXe (DEXE), Injective (INJ), NEAR Protocol (NEAR) and Tezos (XTZ).
| Name | Correlation |
|---|---|
| Gram (prev. Toncoin) | 0.673 |
| Ondo Finance | 0.621 |
| Bitget Token | 0.610 |
| Filecoin | 0.598 |
| Immutable X | 0.544 |
| Name | Correlation |
|---|---|
| Beldex | -0.509 |
| DeXe | -0.442 |
| Injective | -0.318 |
| NEAR Protocol | -0.174 |
| Tezos | -0.164 |
SafePal price is positively correlated with the top 10 coins by market cap with a price of 0.221, excluding Tether (USDT) and positively correlated with the top 100 coins by market cap excluding all stablecoins with a price of 0.207.
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.
