Based on today's classical pivot point (P1) with the value of $2.64, Venus has support levels of $2.57, $2.52, and the strongest at $2.45. Similarly, Venus resistance levels are at $2.68, $2.76, and $2.80.
| # | Price | Strength |
|---|---|---|
| S1 | $2.57 | |
| S2 | $2.52 | |
| S3 | $2.45 |
| # | Price | Strength |
|---|---|---|
| R1 | $2.68 | |
| R2 | $2.76 | |
| R3 | $2.80 |
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) | 43.62 | NEUTRAL |
| Stoch RSI (14) | 0.00 | BUY |
| Stochastic Fast (14) | 6.66 | BUY |
| Commodity Channel Index (20) | -159.50 | BUY |
| Average Directional Index (14) | 14.99 | NEUTRAL |
| Awesome Oscillator (5, 34) | 0.00 | NEUTRAL |
| Momentum (10) | -0.11 | SELL |
| MACD (12, 26) | -0.01 | NEUTRAL |
| Williams Percent Range (14) | -93.34 | BUY |
| Bull Bear Power (13) | -0.09 | SELL |
| Ultimate Oscillator (7, 14, 28) | 37.36 | NEUTRAL |
| VWMA (10) | 2.71 | SELL |
| Hull Moving Average (9) | 2.67 | SELL |
| Ichimoku Cloud B/L (9, 26, 52, 26) | 2.73 | NEUTRAL |
Over the past 7 days, Venus price was most positively correlated with the price of Arbitrum (ARB), Immutable X (IMX), SPX6900 (SPX), Floki Inu (FLOKI) and Lido DAO Token (LDO) and most negatively correlated with the price of Stellar (XLM), Midnight (NIGHT), JUST (JST), DeXe (DEXE) and Sei (SEI).
| Name | Correlation |
|---|---|
| Arbitrum | 0.932 |
| Immutable X | 0.922 |
| SPX6900 | 0.909 |
| Floki Inu | 0.899 |
| Lido DAO Token | 0.899 |
| Name | Correlation |
|---|---|
| Stellar | -0.670 |
| Midnight | -0.584 |
| JUST | -0.338 |
| DeXe | -0.316 |
| Sei | -0.193 |
Venus price is positively correlated with the top 10 coins by market cap with a price of 0.739, excluding Tether (USDT) and positively correlated with the top 100 coins by market cap excluding all stablecoins with a price of 0.585.
Currencies that are positively correlated with Venus 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, a move in one direction for Venus would translate into a move in the opposite direction for the negatively correlated coin.
