Based on today's classical pivot point (P1) with the value of $15.19, Venus BNB has support levels of $13.82, $13.10, and the strongest at $11.73. Similarly, Venus BNB resistance levels are at $15.91, $17.28, and $18.00.
| # | Price | Strength |
|---|---|---|
| S1 | $13.82 | |
| S2 | $13.10 | |
| S3 | $11.73 |
| # | Price | Strength |
|---|---|---|
| R1 | $15.91 | |
| R2 | $17.28 | |
| R3 | $18.00 |
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) | 44.48 | NEUTRAL |
| Stoch RSI (14) | 0.00 | BUY |
| Stochastic Fast (14) | 23.61 | NEUTRAL |
| Commodity Channel Index (20) | -6.49 | NEUTRAL |
| Average Directional Index (14) | 45.99 | BUY |
| Awesome Oscillator (5, 34) | 1.09 | NEUTRAL |
| Momentum (10) | -0.85 | SELL |
| MACD (12, 26) | 0.02 | NEUTRAL |
| Williams Percent Range (14) | -76.39 | NEUTRAL |
| Bull Bear Power (13) | -0.32 | NEUTRAL |
| Ultimate Oscillator (7, 14, 28) | 53.91 | NEUTRAL |
| VWMA (10) | 15.14 | SELL |
| Hull Moving Average (9) | 14.42 | BUY |
| Ichimoku Cloud B/L (9, 26, 52, 26) | 16.29 | NEUTRAL |
Over the past 7 days, Venus BNB price was most positively correlated with the price of Sun Token (SUN), NEAR Protocol (NEAR), Bitcoin Cash (BCH), GateToken (GT) and Immutable X (IMX) and most negatively correlated with the price of Venice Token (VVV), DeXe (DEXE), LEO Token (LEO), Pi Network (PI) and Ethena (ENA).
| Name | Correlation |
|---|---|
| Sun Token | 0.825 |
| NEAR Protocol | 0.696 |
| Bitcoin Cash | 0.694 |
| GateToken | 0.637 |
| Immutable X | 0.619 |
| Name | Correlation |
|---|---|
| Venice Token | -0.803 |
| DeXe | -0.592 |
| LEO Token | -0.553 |
| Pi Network | -0.538 |
| Ethena | -0.525 |
Venus BNB price is positively correlated with the top 10 coins by market cap with a price of 0.158, excluding Tether (USDT) and positively correlated with the top 100 coins by market cap excluding all stablecoins with a price of 0.074.
Currencies that are positively correlated with Venus BNB 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 Venus BNB, a move in one direction for Venus BNB would translate into a move in the opposite direction for the negatively correlated coin.
