Based on today's classical pivot point (P1) with the value of $0.005568, Storm Trade has support levels of $0.004982, $0.004656, and the strongest at $0.004070. Similarly, Storm Trade resistance levels are at $0.005894, $0.006480, and $0.006806.
| # | Price | Strength |
|---|---|---|
| S1 | $0.004982 | |
| S2 | $0.004656 | |
| S3 | $0.004070 |
| # | Price | Strength |
|---|---|---|
| R1 | $0.005894 | |
| R2 | $0.006480 | |
| R3 | $0.006806 |
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) | 47.70 | NEUTRAL |
| Stoch RSI (14) | 47.52 | NEUTRAL |
| Stochastic Fast (14) | 38.17 | NEUTRAL |
| Commodity Channel Index (20) | 27.12 | NEUTRAL |
| Average Directional Index (14) | 52.16 | BUY |
| Awesome Oscillator (5, 34) | 0.00 | NEUTRAL |
| Momentum (10) | 0.00 | NEUTRAL |
| MACD (12, 26) | 0.00 | NEUTRAL |
| Williams Percent Range (14) | -61.83 | NEUTRAL |
| Bull Bear Power (13) | -0.00 | SELL |
| Ultimate Oscillator (7, 14, 28) | 38.59 | NEUTRAL |
| VWMA (10) | 0.01 | SELL |
| Hull Moving Average (9) | 0.01 | SELL |
| Ichimoku Cloud B/L (9, 26, 52, 26) | 0.01 | NEUTRAL |
Over the past 7 days, Storm Trade price was most positively correlated with the price of Toncoin (TON), APENFT (NFT), Hyperliquid (HYPE), Pudgy Penguins (PENGU) and Virtuals Protocol (VIRTUAL) and most negatively correlated with the price of Injective (INJ), JUST (JST), Binance Coin (BNB), Cosmos (ATOM) and Dogecoin (DOGE).
| Name | Correlation |
|---|---|
| Toncoin | 0.897 |
| APENFT | 0.896 |
| Hyperliquid | 0.896 |
| Pudgy Penguins | 0.875 |
| Virtuals Protocol | 0.872 |
| Name | Correlation |
|---|---|
| Injective | -0.865 |
| JUST | -0.827 |
| Binance Coin | -0.789 |
| Cosmos | -0.703 |
| Dogecoin | -0.665 |
Storm Trade price is positively correlated with the top 10 coins by market cap with a price of 0.072, excluding Tether (USDT) and positively correlated with the top 100 coins by market cap excluding all stablecoins with a price of 0.090.
Currencies that are positively correlated with Storm Trade 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 Storm Trade, a move in one direction for Storm Trade would translate into a move in the opposite direction for the negatively correlated coin.
