Based on today's classical pivot point (P1) with the value of $0.0₅1197, SoPay has support levels of $0.0₅1144, $0.0₅1049, and the strongest at $0.0₆9962. Similarly, SoPay resistance levels are at $0.0₅1292, $0.0₅1345, and $0.0₅1440.
| # | Price | Strength |
|---|---|---|
| S1 | $0.0₅1144 | |
| S2 | $0.0₅1049 | |
| S3 | $0.0₆9962 |
| # | Price | Strength |
|---|---|---|
| R1 | $0.0₅1292 | |
| R2 | $0.0₅1345 | |
| R3 | $0.0₅1440 |
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) | 20.94 | BUY |
| Stoch RSI (14) | 0.88 | BUY |
| Stochastic Fast (14) | 0.73 | BUY |
| Commodity Channel Index (20) | -87.99 | NEUTRAL |
| Average Directional Index (14) | 42.20 | SELL |
| Awesome Oscillator (5, 34) | -0.00 | NEUTRAL |
| Momentum (10) | -0.00 | NEUTRAL |
| MACD (12, 26) | -0.00 | NEUTRAL |
| Williams Percent Range (14) | -99.27 | BUY |
| Bull Bear Power (13) | -0.00 | NEUTRAL |
| Ultimate Oscillator (7, 14, 28) | 26.65 | 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, SoPay price was most positively correlated with the price of Polkadot (DOT), Optimism (OP), Ethena (ENA), Sei (SEI) and Pyth Network (PYTH) and most negatively correlated with the price of DeXe (DEXE), Sun Token (SUN), JUST (JST), LEO Token (LEO) and Bitcoin Cash (BCH).
| Name | Correlation |
|---|---|
| Polkadot | 0.917 |
| Optimism | 0.917 |
| Ethena | 0.915 |
| Sei | 0.914 |
| Pyth Network | 0.909 |
| Name | Correlation |
|---|---|
| DeXe | -0.880 |
| Sun Token | -0.861 |
| JUST | -0.810 |
| LEO Token | -0.742 |
| Bitcoin Cash | -0.634 |
SoPay price is positively correlated with the top 10 coins by market cap with a price of 0.469, excluding Tether (USDT) and positively correlated with the top 100 coins by market cap excluding all stablecoins with a price of 0.466.
Currencies that are positively correlated with SoPay 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 SoPay, a move in one direction for SoPay would translate into a move in the opposite direction for the negatively correlated coin.
