Based on today's classical pivot point (P1) with the value of $0.0₁₂1301, SILVER has support levels of $0.0₁₂1255, $0.0₁₂1206, and the strongest at $0.0₁₂1160. Similarly, SILVER resistance levels are at $0.0₁₂1350, $0.0₁₂1396, and $0.0₁₂1445.
| # | Price | Strength |
|---|---|---|
| S1 | $0.0₁₂1255 | |
| S2 | $0.0₁₂1206 | |
| S3 | $0.0₁₂1160 |
| # | Price | Strength |
|---|---|---|
| R1 | $0.0₁₂1350 | |
| R2 | $0.0₁₂1396 | |
| R3 | $0.0₁₂1445 |
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) | 53.54 | NEUTRAL |
| Stoch RSI (14) | 77.58 | NEUTRAL |
| Stochastic Fast (14) | 71.28 | NEUTRAL |
| Commodity Channel Index (20) | 69.69 | NEUTRAL |
| Average Directional Index (14) | 17.60 | NEUTRAL |
| Awesome Oscillator (5, 34) | -0.00 | NEUTRAL |
| Momentum (10) | 0.00 | BUY |
| MACD (12, 26) | 0.00 | NEUTRAL |
| Williams Percent Range (14) | -28.72 | NEUTRAL |
| Bull Bear Power (13) | 0.00 | NEUTRAL |
| Ultimate Oscillator (7, 14, 28) | 48.35 | NEUTRAL |
| VWMA (10) | 0.00 | BUY |
| Hull Moving Average (9) | 0.00 | SELL |
| Ichimoku Cloud B/L (9, 26, 52, 26) | 0.00 | NEUTRAL |
Over the past 7 days, SILVER price was most positively correlated with the price of Monad (MON), Hyperliquid (HYPE), Aerodrome Finance (AERO), Ethereum (ETH) and Bitcoin (BTC) and most negatively correlated with the price of APENFT (NFT), JUST (JST), LEO Token (LEO), Sun Token (SUN) and World Liberty Financial (WLFI).
| Name | Correlation |
|---|---|
| Monad | 0.862 |
| Hyperliquid | 0.860 |
| Aerodrome Finance | 0.858 |
| Ethereum | 0.854 |
| Bitcoin | 0.849 |
| Name | Correlation |
|---|---|
| APENFT | -0.597 |
| JUST | -0.524 |
| LEO Token | -0.116 |
| Sun Token | -0.022 |
| World Liberty Financial | 0.095 |
SILVER price is positively correlated with the top 10 coins by market cap with a price of 0.777, excluding Tether (USDT) and positively correlated with the top 100 coins by market cap excluding all stablecoins with a price of 0.712.
Currencies that are positively correlated with SILVER 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 SILVER, a move in one direction for SILVER would translate into a move in the opposite direction for the negatively correlated coin.
