Based on today's classical pivot point (P1) with the value of $0.00001051, Simple Token has support levels of $0.00001029, $0.00001017, and the strongest at $0.0₅9955. Similarly, Simple Token resistance levels are at $0.00001063, $0.00001085, and $0.00001097.
| # | Price | Strength |
|---|---|---|
| S1 | $0.00001029 | |
| S2 | $0.00001017 | |
| S3 | $0.0₅9955 |
| # | Price | Strength |
|---|---|---|
| R1 | $0.00001063 | |
| R2 | $0.00001085 | |
| R3 | $0.00001097 |
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) | 53.28 | NEUTRAL |
| Stoch RSI (14) | 6.06 | BUY |
| Stochastic Fast (14) | 53.40 | NEUTRAL |
| Commodity Channel Index (20) | 17.40 | NEUTRAL |
| Average Directional Index (14) | 24.87 | NEUTRAL |
| Awesome Oscillator (5, 34) | 0.00 | NEUTRAL |
| Momentum (10) | -0.00 | NEUTRAL |
| MACD (12, 26) | -0.00 | SELL |
| Williams Percent Range (14) | -46.60 | NEUTRAL |
| Bull Bear Power (13) | -0.00 | NEUTRAL |
| Ultimate Oscillator (7, 14, 28) | 55.57 | NEUTRAL |
| VWMA (10) | 0.00 | SELL |
| Hull Moving Average (9) | 0.00 | SELL |
| Ichimoku Cloud B/L (9, 26, 52, 26) | 0.00 | SELL |
Over the past 7 days, Simple Token price was most positively correlated with the price of Canton (CC), Nexo (NEXO), Ethena (ENA), Immutable X (IMX) and Dash (DASH) and most negatively correlated with the price of Kaia (KAIA), Algorand (ALGO), Venice Token (VVV), IOTA (IOTA) and Render Token (RENDER).
| Name | Correlation |
|---|---|
| Canton | 0.846 |
| Nexo | 0.755 |
| Ethena | 0.655 |
| Immutable X | 0.641 |
| Dash | 0.614 |
| Name | Correlation |
|---|---|
| Kaia | -0.861 |
| Algorand | -0.840 |
| Venice Token | -0.799 |
| IOTA | -0.784 |
| Render Token | -0.750 |
Simple Token price is negatively correlated with the top 10 coins by market cap with a price of -0.036, excluding Tether (USDT) and negatively correlated with the top 100 coins by market cap excluding all stablecoins with a price of -0.015.
Currencies that are positively correlated with Simple Token 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 Simple Token, a move in one direction for Simple Token would translate into a move in the opposite direction for the negatively correlated coin.
