Based on today's classical pivot point (P1) with the value of $0.0₆4762, Veilnet has support levels of $0.0₆4689, $0.0₆4634, and the strongest at $0.0₆4562. Similarly, Veilnet resistance levels are at $0.0₆4817, $0.0₆4890, and $0.0₆4944.
| # | Price | Strength |
|---|---|---|
| S1 | $0.0₆4689 | |
| S2 | $0.0₆4634 | |
| S3 | $0.0₆4562 |
| # | Price | Strength |
|---|---|---|
| R1 | $0.0₆4817 | |
| R2 | $0.0₆4890 | |
| R3 | $0.0₆4944 |
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) | 49.45 | NEUTRAL |
| Stoch RSI (14) | 81.86 | SELL |
| Stochastic Fast (14) | 23.33 | NEUTRAL |
| Commodity Channel Index (20) | 97.80 | NEUTRAL |
| Average Directional Index (14) | 31.03 | BUY |
| Awesome Oscillator (5, 34) | 0.00 | NEUTRAL |
| Momentum (10) | 0.00 | NEUTRAL |
| MACD (12, 26) | 0.00 | NEUTRAL |
| Williams Percent Range (14) | -76.67 | NEUTRAL |
| Bull Bear Power (13) | 0.00 | NEUTRAL |
| Ultimate Oscillator (7, 14, 28) | 57.61 | 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, Veilnet price was most positively correlated with the price of VeChain (VET), Arbitrum (ARB), Ethereum (ETH), Solana (SOL) and Bitget Token (BGB) and most negatively correlated with the price of JUST (JST), World Liberty Financial (WLFI), APENFT (NFT), LEO Token (LEO) and Beldex (BDX).
| Name | Correlation |
|---|---|
| VeChain | 0.968 |
| Arbitrum | 0.965 |
| Ethereum | 0.965 |
| Solana | 0.964 |
| Bitget Token | 0.962 |
| Name | Correlation |
|---|---|
| JUST | -0.633 |
| World Liberty Financial | -0.216 |
| APENFT | -0.058 |
| LEO Token | 0.243 |
| Beldex | 0.270 |
Veilnet price is positively correlated with the top 10 coins by market cap with a price of 0.901, excluding Tether (USDT) and positively correlated with the top 100 coins by market cap excluding all stablecoins with a price of 0.852.
Currencies that are positively correlated with Veilnet 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 Veilnet, a move in one direction for Veilnet would translate into a move in the opposite direction for the negatively correlated coin.
