Based on today's classical pivot point (P1) with the value of $0.0₅9635, Solbank has support levels of $0.0₅9572, $0.0₅9490, and the strongest at $0.0₅9426. Similarly, Solbank resistance levels are at $0.0₅9717, $0.0₅9781, and $0.0₅9862.
| # | Price | Strength |
|---|---|---|
| S1 | $0.0₅9572 | |
| S2 | $0.0₅9490 | |
| S3 | $0.0₅9426 |
| # | Price | Strength |
|---|---|---|
| R1 | $0.0₅9717 | |
| R2 | $0.0₅9781 | |
| R3 | $0.0₅9862 |
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) | 19.06 | BUY |
| Stoch RSI (14) | 8.36 | BUY |
| Stochastic Fast (14) | 26.21 | NEUTRAL |
| Commodity Channel Index (20) | -174.29 | BUY |
| Average Directional Index (14) | 61.74 | SELL |
| Awesome Oscillator (5, 34) | -0.00 | NEUTRAL |
| Momentum (10) | -0.00 | NEUTRAL |
| MACD (12, 26) | -0.00 | NEUTRAL |
| Williams Percent Range (14) | -73.79 | NEUTRAL |
| Bull Bear Power (13) | -0.00 | NEUTRAL |
| Ultimate Oscillator (7, 14, 28) | 29.50 | BUY |
| VWMA (10) | 0.00 | SELL |
| Hull Moving Average (9) | 0.00 | BUY |
| 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 Kaspa (KAS), Bonk (BONK), Cronos (CRO), XDC Network (XDC) and Flare (FLR) and most negatively correlated with the price of Monad (MON), Lido DAO Token (LDO), Sun Token (SUN), TRON (TRX) and Pyth Network (PYTH).
| Name | Correlation |
|---|---|
| Kaspa | 0.918 |
| Bonk | 0.917 |
| Cronos | 0.878 |
| XDC Network | 0.865 |
| Flare | 0.863 |
| Name | Correlation |
|---|---|
| Monad | -0.853 |
| Lido DAO Token | -0.851 |
| Sun Token | -0.844 |
| TRON | -0.761 |
| Pyth Network | -0.758 |
Solbank price is positively correlated with the top 10 coins by market cap with a price of 0.297, excluding Tether (USDT) and positively correlated with the top 100 coins by market cap excluding all stablecoins with a price of 0.310.
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.
