Based on today's classical pivot point (P1) with the value of $0.001624, SXP has support levels of $0.001500, $0.001421, and the strongest at $0.001297. Similarly, SXP resistance levels are at $0.001704, $0.001828, and $0.001907.
| # | Price | Strength |
|---|---|---|
| S1 | $0.001500 | |
| S2 | $0.001421 | |
| S3 | $0.001297 |
| # | Price | Strength |
|---|---|---|
| R1 | $0.001704 | |
| R2 | $0.001828 | |
| R3 | $0.001907 |
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) | 17.85 | BUY |
| Stoch RSI (14) | 0.00 | BUY |
| Stochastic Fast (14) | 0.47 | BUY |
| Commodity Channel Index (20) | -128.08 | BUY |
| Average Directional Index (14) | 29.42 | SELL |
| Awesome Oscillator (5, 34) | -0.01 | NEUTRAL |
| Momentum (10) | -0.01 | NEUTRAL |
| MACD (12, 26) | 0.00 | NEUTRAL |
| Williams Percent Range (14) | -99.53 | BUY |
| Bull Bear Power (13) | -0.01 | NEUTRAL |
| Ultimate Oscillator (7, 14, 28) | 14.92 | BUY |
| VWMA (10) | 0.01 | SELL |
| Hull Moving Average (9) | 0.00 | BUY |
| Ichimoku Cloud B/L (9, 26, 52, 26) | 0.01 | NEUTRAL |
Over the past 7 days, SXP price was most positively correlated with the price of Canton (CC), Hyperliquid (HYPE), Aptos (APT), Nexo (NEXO) and Immutable X (IMX) and most negatively correlated with the price of Algorand (ALGO), Venice Token (VVV), Jupiter (JUP), Pyth Network (PYTH) and IOTA (IOTA).
| Name | Correlation |
|---|---|
| Canton | 0.931 |
| Hyperliquid | 0.862 |
| Aptos | 0.861 |
| Nexo | 0.852 |
| Immutable X | 0.844 |
| Name | Correlation |
|---|---|
| Algorand | -0.914 |
| Venice Token | -0.911 |
| Jupiter | -0.837 |
| Pyth Network | -0.834 |
| IOTA | -0.825 |
SXP price is positively correlated with the top 10 coins by market cap with a price of 0.013, excluding Tether (USDT) and positively correlated with the top 100 coins by market cap excluding all stablecoins with a price of 0.056.
Currencies that are positively correlated with SXP 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 SXP, a move in one direction for SXP would translate into a move in the opposite direction for the negatively correlated coin.
