Based on today's classical pivot point (P1) with the value of $0.0₅9988, Solbank has support levels of $0.0₅8878, $0.0₅6715, and the strongest at $0.0₅5606. Similarly, Solbank resistance levels are at $0.00001215, $0.00001326, and $0.00001542.
| # | Price | Strength |
|---|---|---|
| S1 | $0.0₅8878 | |
| S2 | $0.0₅6715 | |
| S3 | $0.0₅5606 |
| # | Price | Strength |
|---|---|---|
| R1 | $0.00001215 | |
| R2 | $0.00001326 | |
| R3 | $0.00001542 |
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) | 80.90 | SELL |
| Stoch RSI (14) | 100.00 | SELL |
| Stochastic Fast (14) | 98.28 | SELL |
| Commodity Channel Index (20) | 276.94 | SELL |
| Average Directional Index (14) | 24.32 | NEUTRAL |
| Awesome Oscillator (5, 34) | -0.00 | NEUTRAL |
| Momentum (10) | 0.00 | BUY |
| MACD (12, 26) | 0.00 | BUY |
| Williams Percent Range (14) | -1.72 | SELL |
| Bull Bear Power (13) | 0.00 | NEUTRAL |
| Ultimate Oscillator (7, 14, 28) | 81.50 | 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, Solbank price was most positively correlated with the price of Binance Coin (BNB), Beldex (BDX), Bitget Token (BGB), Aster (ASTER) and Mantle (MNT) and most negatively correlated with the price of Chiliz (CHZ), NEAR Protocol (NEAR), Sky (SKY), Polkadot (DOT) and Sun Token (SUN).
| Name | Correlation |
|---|---|
| Binance Coin | 0.897 |
| Beldex | 0.827 |
| Bitget Token | 0.811 |
| Aster | 0.810 |
| Mantle | 0.717 |
| Name | Correlation |
|---|---|
| Chiliz | -0.390 |
| NEAR Protocol | -0.379 |
| Sky | -0.332 |
| Polkadot | -0.324 |
| Sun Token | -0.320 |
Solbank price is positively correlated with the top 10 coins by market cap with a price of 0.065, excluding Tether (USDT) and positively correlated with the top 100 coins by market cap excluding all stablecoins with a price of 0.075.
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.
