Based on today's classical pivot point (P1) with the value of $0.0₆5718, Slingshot has support levels of $0.0₆5717, $0.0₆5716, and the strongest at $0.0₆5716. Similarly, Slingshot resistance levels are at $0.0₆5718, $0.0₆5719, and $0.0₆5719.
| # | Price | Strength |
|---|---|---|
| S1 | $0.0₆5717 | |
| S2 | $0.0₆5716 | |
| S3 | $0.0₆5716 |
| # | Price | Strength |
|---|---|---|
| R1 | $0.0₆5718 | |
| R2 | $0.0₆5719 | |
| R3 | $0.0₆5719 |
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) | 24.03 | BUY |
| Stoch RSI (14) | 100.00 | SELL |
| Stochastic Fast (14) | 99.97 | SELL |
| Commodity Channel Index (20) | 407.36 | SELL |
| Average Directional Index (14) | 76.62 | SELL |
| Awesome Oscillator (5, 34) | -0.00 | NEUTRAL |
| Momentum (10) | 0.00 | NEUTRAL |
| MACD (12, 26) | 0.00 | NEUTRAL |
| Williams Percent Range (14) | -0.03 | SELL |
| Bull Bear Power (13) | 0.00 | NEUTRAL |
| Ultimate Oscillator (7, 14, 28) | 86.41 | SELL |
| VWMA (10) | 0.00 | BUY |
| Hull Moving Average (9) | 0.00 | BUY |
| Ichimoku Cloud B/L (9, 26, 52, 26) | 0.00 | NEUTRAL |
Over the past 7 days, Slingshot price was most positively correlated with the price of OKB (OKB), KAITO (KAITO), Shiba Inu (SHIB), JUST (JST) and LayerZero (ZRO) and most negatively correlated with the price of Injective (INJ), Sun Token (SUN), Tezos (XTZ), Arbitrum (ARB) and Worldcoin (WLD).
| Name | Correlation |
|---|---|
| OKB | 0.895 |
| KAITO | 0.894 |
| Shiba Inu | 0.806 |
| JUST | 0.736 |
| LayerZero | 0.713 |
| Name | Correlation |
|---|---|
| Injective | -0.857 |
| Sun Token | -0.707 |
| Tezos | -0.690 |
| Arbitrum | -0.674 |
| Worldcoin | -0.673 |
Slingshot price is negatively correlated with the top 10 coins by market cap with a price of -0.106, excluding Tether (USDT) and negatively correlated with the top 100 coins by market cap excluding all stablecoins with a price of -0.156.
Currencies that are positively correlated with Slingshot 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 Slingshot, a move in one direction for Slingshot would translate into a move in the opposite direction for the negatively correlated coin.
