Based on today's classical pivot point (P1) with the value of $0.02208, Venom has support levels of $0.02170, $0.02097, and the strongest at $0.02059. Similarly, Venom resistance levels are at $0.02281, $0.02319, and $0.02391.
| # | Price | Strength |
|---|---|---|
| S1 | $0.02170 | |
| S2 | $0.02097 | |
| S3 | $0.02059 |
| # | Price | Strength |
|---|---|---|
| R1 | $0.02281 | |
| R2 | $0.02319 | |
| R3 | $0.02391 |
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) | 29.92 | BUY |
| Stoch RSI (14) | 100.00 | SELL |
| Stochastic Fast (14) | 34.85 | NEUTRAL |
| Commodity Channel Index (20) | -108.65 | BUY |
| Average Directional Index (14) | 44.02 | SELL |
| Awesome Oscillator (5, 34) | -0.00 | NEUTRAL |
| Momentum (10) | -0.00 | NEUTRAL |
| MACD (12, 26) | -0.00 | NEUTRAL |
| Williams Percent Range (14) | -65.15 | NEUTRAL |
| Bull Bear Power (13) | -0.00 | NEUTRAL |
| Ultimate Oscillator (7, 14, 28) | 31.25 | NEUTRAL |
| VWMA (10) | 0.02 | SELL |
| Hull Moving Average (9) | 0.02 | BUY |
| Ichimoku Cloud B/L (9, 26, 52, 26) | 0.02 | NEUTRAL |
Over the past 7 days, Venom price was most positively correlated with the price of Bitget Token (BGB), Decred (DCR), Optimism (OP), Aster (ASTER) and Immutable X (IMX) and most negatively correlated with the price of DeXe (DEXE), Dash (DASH), Toncoin (TON), World Liberty Financial (WLFI) and LEO Token (LEO).
| Name | Correlation |
|---|---|
| Bitget Token | 0.864 |
| Decred | 0.850 |
| Optimism | 0.807 |
| Aster | 0.774 |
| Immutable X | 0.769 |
| Name | Correlation |
|---|---|
| DeXe | -0.878 |
| Dash | -0.869 |
| Toncoin | -0.851 |
| World Liberty Financial | -0.838 |
| LEO Token | -0.749 |
Venom price is positively correlated with the top 10 coins by market cap with a price of 0.046, excluding Tether (USDT) and positively correlated with the top 100 coins by market cap excluding all stablecoins with a price of 0.077.
Currencies that are positively correlated with Venom 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 Venom, a move in one direction for Venom would translate into a move in the opposite direction for the negatively correlated coin.
