Based on today's classical pivot point (P1) with the value of $0.0₁₂1577, Solpaca has support levels of $0.0₁₂1533, $0.0₁₂1449, and the strongest at $0.0₁₂1405. Similarly, Solpaca resistance levels are at $0.0₁₂1660, $0.0₁₂1705, and $0.0₁₂1788.
| # | Price | Strength |
|---|---|---|
| S1 | $0.0₁₂1533 | |
| S2 | $0.0₁₂1449 | |
| S3 | $0.0₁₂1405 |
| # | Price | Strength |
|---|---|---|
| R1 | $0.0₁₂1660 | |
| R2 | $0.0₁₂1705 | |
| R3 | $0.0₁₂1788 |
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) | 70.16 | SELL |
| Stoch RSI (14) | 91.05 | SELL |
| Stochastic Fast (14) | 98.93 | SELL |
| Commodity Channel Index (20) | 185.93 | SELL |
| Average Directional Index (14) | 24.66 | NEUTRAL |
| Awesome Oscillator (5, 34) | 0.00 | NEUTRAL |
| Momentum (10) | 0.00 | NEUTRAL |
| MACD (12, 26) | 0.00 | NEUTRAL |
| Williams Percent Range (14) | -1.07 | SELL |
| Bull Bear Power (13) | 0.00 | NEUTRAL |
| Ultimate Oscillator (7, 14, 28) | 81.32 | 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, Solpaca price was most positively correlated with the price of Bitcoin Cash (BCH), Cardano (ADA), Ethereum (ETH), Curve DAO Token (CRV) and Zcash (ZEC) and most negatively correlated with the price of Gnosis (GNO), Venice Token (VVV), Canton (CC), Jito (JTO) and World Liberty Financial (WLFI).
| Name | Correlation |
|---|---|
| Bitcoin Cash | 0.955 |
| Cardano | 0.913 |
| Ethereum | 0.907 |
| Curve DAO Token | 0.906 |
| Zcash | 0.905 |
| Name | Correlation |
|---|---|
| Gnosis | -0.561 |
| Venice Token | -0.369 |
| Canton | -0.343 |
| Jito | -0.326 |
| World Liberty Financial | -0.210 |
Solpaca price is positively correlated with the top 10 coins by market cap with a price of 0.773, excluding Tether (USDT) and positively correlated with the top 100 coins by market cap excluding all stablecoins with a price of 0.657.
Currencies that are positively correlated with Solpaca 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 Solpaca, a move in one direction for Solpaca would translate into a move in the opposite direction for the negatively correlated coin.
