Based on today's classical pivot point (P1) with the value of $0.003183, Vanar Chain has support levels of $0.003065, $0.002954, and the strongest at $0.002836. Similarly, Vanar Chain resistance levels are at $0.003294, $0.003412, and $0.003523.
| # | Price | Strength |
|---|---|---|
| S1 | $0.003065 | |
| S2 | $0.002954 | |
| S3 | $0.002836 |
| # | Price | Strength |
|---|---|---|
| R1 | $0.003294 | |
| R2 | $0.003412 | |
| R3 | $0.003523 |
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) | 28.91 | BUY |
| Stoch RSI (14) | 49.44 | NEUTRAL |
| Stochastic Fast (14) | 12.68 | BUY |
| Commodity Channel Index (20) | -186.70 | BUY |
| Average Directional Index (14) | 33.80 | SELL |
| Awesome Oscillator (5, 34) | -0.00 | NEUTRAL |
| Momentum (10) | -0.00 | NEUTRAL |
| MACD (12, 26) | 0.00 | NEUTRAL |
| Williams Percent Range (14) | -87.32 | BUY |
| Bull Bear Power (13) | -0.00 | NEUTRAL |
| Ultimate Oscillator (7, 14, 28) | 28.94 | BUY |
| 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, Vanar Chain price was most positively correlated with the price of Internet Computer (ICP), Immutable X (IMX), Mantle (MNT), Zcash (ZEC) and VeChain (VET) and most negatively correlated with the price of DeXe (DEXE), Beldex (BDX), BitTorrent (BTT), TRON (TRX) and Telcoin (TEL).
| Name | Correlation |
|---|---|
| Internet Computer | 0.875 |
| Immutable X | 0.874 |
| Mantle | 0.868 |
| Zcash | 0.861 |
| VeChain | 0.858 |
| Name | Correlation |
|---|---|
| DeXe | -0.800 |
| Beldex | -0.624 |
| BitTorrent | -0.557 |
| TRON | -0.350 |
| Telcoin | -0.328 |
Vanar Chain price is positively correlated with the top 10 coins by market cap with a price of 0.518, excluding Tether (USDT) and positively correlated with the top 100 coins by market cap excluding all stablecoins with a price of 0.562.
Currencies that are positively correlated with Vanar Chain 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 Vanar Chain, a move in one direction for Vanar Chain would translate into a move in the opposite direction for the negatively correlated coin.
