Based on today's classical pivot point (P1) with the value of $0.0₆3681, Sommelier has support levels of $0.0₆3556, $0.0₆3308, and the strongest at $0.0₆3183. Similarly, Sommelier resistance levels are at $0.0₆3929, $0.0₆4054, and $0.0₆4303.
| # | Price | Strength |
|---|---|---|
| S1 | $0.0₆3556 | |
| S2 | $0.0₆3308 | |
| S3 | $0.0₆3183 |
| # | Price | Strength |
|---|---|---|
| R1 | $0.0₆3929 | |
| R2 | $0.0₆4054 | |
| R3 | $0.0₆4303 |
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) | 52.65 | NEUTRAL |
| Stoch RSI (14) | 65.78 | NEUTRAL |
| Stochastic Fast (14) | 62.86 | NEUTRAL |
| Commodity Channel Index (20) | 32.83 | NEUTRAL |
| Average Directional Index (14) | 23.21 | NEUTRAL |
| Awesome Oscillator (5, 34) | 0.00 | NEUTRAL |
| Momentum (10) | 0.00 | NEUTRAL |
| MACD (12, 26) | 0.00 | NEUTRAL |
| Williams Percent Range (14) | -37.14 | NEUTRAL |
| Bull Bear Power (13) | -0.00 | NEUTRAL |
| Ultimate Oscillator (7, 14, 28) | 39.03 | NEUTRAL |
| 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, Sommelier price was most positively correlated with the price of Pi Network (PI), DeXe (DEXE), Ethena (ENA), Celestia (TIA) and Hyperliquid (HYPE) and most negatively correlated with the price of JUST (JST), Monero (XMR), Immutable X (IMX), Sun Token (SUN) and Stellar (XLM).
| Name | Correlation |
|---|---|
| Pi Network | 0.870 |
| DeXe | 0.870 |
| Ethena | 0.735 |
| Celestia | 0.551 |
| Hyperliquid | 0.547 |
| Name | Correlation |
|---|---|
| JUST | -0.917 |
| Monero | -0.904 |
| Immutable X | -0.854 |
| Sun Token | -0.843 |
| Stellar | -0.823 |
Sommelier price is negatively correlated with the top 10 coins by market cap with a price of -0.322, excluding Tether (USDT) and negatively correlated with the top 100 coins by market cap excluding all stablecoins with a price of -0.298.
Currencies that are positively correlated with Sommelier 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 Sommelier, a move in one direction for Sommelier would translate into a move in the opposite direction for the negatively correlated coin.
