Based on today's classical pivot point (P1) with the value of $0.005940, SynFutures has support levels of $0.005842, $0.005770, and the strongest at $0.005672. Similarly, SynFutures resistance levels are at $0.006013, $0.006111, and $0.006183.
| # | Price | Strength |
|---|---|---|
| S1 | $0.005842 | |
| S2 | $0.005770 | |
| S3 | $0.005672 |
| # | Price | Strength |
|---|---|---|
| R1 | $0.006013 | |
| R2 | $0.006111 | |
| R3 | $0.006183 |
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) | 59.47 | NEUTRAL |
| Stoch RSI (14) | 58.11 | NEUTRAL |
| Stochastic Fast (14) | 55.83 | NEUTRAL |
| Commodity Channel Index (20) | 78.57 | NEUTRAL |
| Average Directional Index (14) | 54.35 | BUY |
| Awesome Oscillator (5, 34) | 0.00 | NEUTRAL |
| Momentum (10) | 0.00 | NEUTRAL |
| MACD (12, 26) | 0.00 | NEUTRAL |
| Williams Percent Range (14) | -44.17 | NEUTRAL |
| Bull Bear Power (13) | 0.00 | NEUTRAL |
| Ultimate Oscillator (7, 14, 28) | 57.53 | NEUTRAL |
| VWMA (10) | 0.01 | BUY |
| Hull Moving Average (9) | 0.01 | SELL |
| Ichimoku Cloud B/L (9, 26, 52, 26) | 0.01 | NEUTRAL |
Over the past 7 days, SynFutures price was most positively correlated with the price of Pyth Network (PYTH), Arbitrum (ARB), Jupiter (JUP), Aptos (APT) and Immutable X (IMX) and most negatively correlated with the price of Dash (DASH), Pi Network (PI), Toncoin (TON), Bitcoin Cash (BCH) and Morpho (MORPHO).
| Name | Correlation |
|---|---|
| Pyth Network | 0.932 |
| Arbitrum | 0.930 |
| Jupiter | 0.928 |
| Aptos | 0.918 |
| Immutable X | 0.917 |
| Name | Correlation |
|---|---|
| Dash | -0.512 |
| Pi Network | -0.484 |
| Toncoin | -0.344 |
| Bitcoin Cash | -0.319 |
| Morpho | -0.263 |
SynFutures price is positively correlated with the top 10 coins by market cap with a price of 0.632, excluding Tether (USDT) and positively correlated with the top 100 coins by market cap excluding all stablecoins with a price of 0.522.
Currencies that are positively correlated with SynFutures 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 SynFutures, a move in one direction for SynFutures would translate into a move in the opposite direction for the negatively correlated coin.
