Based on today's classical pivot point (P1) with the value of $0.0₅9159, TronStrategy has support levels of $0.0₅9084, $0.0₅8997, and the strongest at $0.0₅8922. Similarly, TronStrategy resistance levels are at $0.0₅9245, $0.0₅9321, and $0.0₅9407.
| # | Price | Strength |
|---|---|---|
| S1 | $0.0₅9084 | |
| S2 | $0.0₅8997 | |
| S3 | $0.0₅8922 |
| # | Price | Strength |
|---|---|---|
| R1 | $0.0₅9245 | |
| R2 | $0.0₅9321 | |
| R3 | $0.0₅9407 |
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) | 81.67 | SELL |
| Stoch RSI (14) | 100.00 | SELL |
| Stochastic Fast (14) | 78.56 | NEUTRAL |
| Commodity Channel Index (20) | 147.40 | SELL |
| Average Directional Index (14) | 53.42 | BUY |
| Awesome Oscillator (5, 34) | 0.00 | NEUTRAL |
| Momentum (10) | 0.00 | NEUTRAL |
| MACD (12, 26) | 0.00 | NEUTRAL |
| Williams Percent Range (14) | -21.44 | NEUTRAL |
| Bull Bear Power (13) | 0.00 | NEUTRAL |
| Ultimate Oscillator (7, 14, 28) | 57.18 | NEUTRAL |
| VWMA (10) | 0.00 | BUY |
| Hull Moving Average (9) | 0.00 | SELL |
| Ichimoku Cloud B/L (9, 26, 52, 26) | 0.00 | NEUTRAL |
Over the past 7 days, TronStrategy price was most positively correlated with the price of Bitcoin Cash (BCH), Plasma (XPL), Ethena (ENA), Aptos (APT) and Bonk (BONK) and most negatively correlated with the price of JUST (JST), APENFT (NFT), LEO Token (LEO), Beldex (BDX) and Sun Token (SUN).
| Name | Correlation |
|---|---|
| Bitcoin Cash | 0.926 |
| Plasma | 0.875 |
| Ethena | 0.870 |
| Aptos | 0.862 |
| Bonk | 0.861 |
| Name | Correlation |
|---|---|
| JUST | -0.249 |
| APENFT | -0.196 |
| LEO Token | 0.099 |
| Beldex | 0.111 |
| Sun Token | 0.115 |
TronStrategy price is positively correlated with the top 10 coins by market cap with a price of 0.806, excluding Tether (USDT) and positively correlated with the top 100 coins by market cap excluding all stablecoins with a price of 0.735.
Currencies that are positively correlated with TronStrategy 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 TronStrategy, a move in one direction for TronStrategy would translate into a move in the opposite direction for the negatively correlated coin.
