Based on today's classical pivot point (P1) with the value of $1,717.93, sETH2 has support levels of $1,656.04, $1,537.16, and the strongest at $1,475.28. Similarly, sETH2 resistance levels are at $1,836.81, $1,898.69, and $2,017.57.
| # | Price | Strength |
|---|---|---|
| S1 | $1,656.04 | |
| S2 | $1,537.16 | |
| S3 | $1,475.28 |
| # | Price | Strength |
|---|---|---|
| R1 | $1,836.81 | |
| R2 | $1,898.69 | |
| R3 | $2,017.57 |
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) | 63.31 | NEUTRAL |
| Stoch RSI (14) | 100.00 | SELL |
| Stochastic Fast (14) | 97.91 | SELL |
| Commodity Channel Index (20) | 103.05 | SELL |
| Average Directional Index (14) | 34.25 | BUY |
| Awesome Oscillator (5, 34) | -57.80 | NEUTRAL |
| Momentum (10) | 204.46 | BUY |
| MACD (12, 26) | 23.51 | NEUTRAL |
| Williams Percent Range (14) | -2.09 | SELL |
| Bull Bear Power (13) | 118.29 | NEUTRAL |
| Ultimate Oscillator (7, 14, 28) | 73.17 | SELL |
| VWMA (10) | 1,628.72 | BUY |
| Hull Moving Average (9) | 1,606.91 | BUY |
| Ichimoku Cloud B/L (9, 26, 52, 26) | 1,663.07 | NEUTRAL |
Over the past 7 days, sETH2 price was most positively correlated with the price of Cardano (ADA), Immutable X (IMX), Hedera Hashgraph (HBAR), Aerodrome Finance (AERO) and Midnight (NIGHT) and most negatively correlated with the price of Venice Token (VVV), Jito (JTO), Canton (CC), Gnosis (GNO) and Pi Network (PI).
| Name | Correlation |
|---|---|
| Cardano | 0.862 |
| Immutable X | 0.861 |
| Hedera Hashgraph | 0.841 |
| Aerodrome Finance | 0.831 |
| Midnight | 0.813 |
| Name | Correlation |
|---|---|
| Venice Token | -0.609 |
| Jito | -0.501 |
| Canton | -0.406 |
| Gnosis | -0.377 |
| Pi Network | -0.267 |
sETH2 price is positively correlated with the top 10 coins by market cap with a price of 0.607, excluding Tether (USDT) and positively correlated with the top 100 coins by market cap excluding all stablecoins with a price of 0.531.
Currencies that are positively correlated with sETH2 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 sETH2, a move in one direction for sETH2 would translate into a move in the opposite direction for the negatively correlated coin.
