Based on today's classical pivot point (P1) with the value of $0.001898, Towns has support levels of $0.001824, $0.001768, and the strongest at $0.001694. Similarly, Towns resistance levels are at $0.001954, $0.002028, and $0.002084.
| # | Price | Strength |
|---|---|---|
| S1 | $0.001824 | |
| S2 | $0.001768 | |
| S3 | $0.001694 |
| # | Price | Strength |
|---|---|---|
| R1 | $0.001954 | |
| R2 | $0.002028 | |
| R3 | $0.002084 |
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) | 31.35 | NEUTRAL |
| Stoch RSI (14) | 0.37 | BUY |
| Stochastic Fast (14) | 6.37 | BUY |
| Commodity Channel Index (20) | -140.67 | BUY |
| Average Directional Index (14) | 11.01 | NEUTRAL |
| Awesome Oscillator (5, 34) | -0.00 | NEUTRAL |
| Momentum (10) | -0.00 | NEUTRAL |
| MACD (12, 26) | 0.00 | NEUTRAL |
| Williams Percent Range (14) | -93.63 | BUY |
| Bull Bear Power (13) | -0.00 | NEUTRAL |
| Ultimate Oscillator (7, 14, 28) | 31.70 | NEUTRAL |
| VWMA (10) | 0.00 | SELL |
| Hull Moving Average (9) | 0.00 | SELL |
| Ichimoku Cloud B/L (9, 26, 52, 26) | 0.00 | NEUTRAL |
Over the past 7 days, Towns price was most positively correlated with the price of Immutable X (IMX), Aptos (APT), Nexo (NEXO), Polkadot (DOT) and Mantle (MNT) and most negatively correlated with the price of Aave (AAVE), Jito (JTO), Beldex (BDX), JUST (JST) and Bitcoin SV (BSV).
| Name | Correlation |
|---|---|
| Immutable X | 0.895 |
| Aptos | 0.869 |
| Nexo | 0.856 |
| Polkadot | 0.852 |
| Mantle | 0.849 |
| Name | Correlation |
|---|---|
| Aave | -0.733 |
| Jito | -0.715 |
| Beldex | -0.434 |
| JUST | -0.411 |
| Bitcoin SV | -0.358 |
Towns price is positively correlated with the top 10 coins by market cap with a price of 0.419, excluding Tether (USDT) and positively correlated with the top 100 coins by market cap excluding all stablecoins with a price of 0.511.
Currencies that are positively correlated with Towns 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 Towns, a move in one direction for Towns would translate into a move in the opposite direction for the negatively correlated coin.
