Based on today's classical pivot point (P1) with the value of $0.0₅9762, Solbank has support levels of $0.0₅9387, $0.0₅9180, and the strongest at $0.0₅8805. Similarly, Solbank resistance levels are at $0.0₅9970, $0.00001034, and $0.00001055.
| # | Price | Strength |
|---|---|---|
| S1 | $0.0₅9387 | |
| S2 | $0.0₅9180 | |
| S3 | $0.0₅8805 |
| # | Price | Strength |
|---|---|---|
| R1 | $0.0₅9970 | |
| R2 | $0.00001034 | |
| R3 | $0.00001055 |
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) | 77.36 | SELL |
| Stoch RSI (14) | 60.15 | NEUTRAL |
| Stochastic Fast (14) | 79.46 | NEUTRAL |
| Commodity Channel Index (20) | 140.47 | SELL |
| Average Directional Index (14) | 45.00 | BUY |
| Awesome Oscillator (5, 34) | 0.00 | NEUTRAL |
| Momentum (10) | 0.00 | NEUTRAL |
| MACD (12, 26) | 0.00 | NEUTRAL |
| Williams Percent Range (14) | -20.54 | NEUTRAL |
| Bull Bear Power (13) | 0.00 | NEUTRAL |
| Ultimate Oscillator (7, 14, 28) | 74.13 | SELL |
| 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, Solbank price was most positively correlated with the price of Algorand (ALGO), Gnosis (GNO), Jupiter (JUP), Injective (INJ) and Sky (SKY) and most negatively correlated with the price of Sun Token (SUN), Official Trump (TRUMP), Aster (ASTER), Quant (QNT) and Midnight (NIGHT).
| Name | Correlation |
|---|---|
| Algorand | 0.796 |
| Gnosis | 0.792 |
| Jupiter | 0.786 |
| Injective | 0.784 |
| Sky | 0.774 |
| Name | Correlation |
|---|---|
| Sun Token | -0.893 |
| Official Trump | -0.891 |
| Aster | -0.788 |
| Quant | -0.787 |
| Midnight | -0.786 |
Solbank price is positively correlated with the top 10 coins by market cap with a price of 0.074, excluding Tether (USDT) and negatively correlated with the top 100 coins by market cap excluding all stablecoins with a price of -0.117.
Currencies that are positively correlated with Solbank 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 Solbank, a move in one direction for Solbank would translate into a move in the opposite direction for the negatively correlated coin.
