Based on today's classical pivot point (P1) with the value of $0.001765, Virel has support levels of $0.001032, $0.0006655, and the strongest at $-0.00006737. Similarly, Virel resistance levels are at $0.002131, $0.002864, and $0.003231.
| # | Price | Strength |
|---|---|---|
| S1 | $0.001032 | |
| S2 | $0.0006655 | |
| S3 | $-0.00006737 |
| # | Price | Strength |
|---|---|---|
| R1 | $0.002131 | |
| R2 | $0.002864 | |
| R3 | $0.003231 |
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) | 47.99 | NEUTRAL |
| Stoch RSI (14) | 0.00 | BUY |
| Stochastic Fast (14) | 0.01 | BUY |
| Commodity Channel Index (20) | -8.11 | NEUTRAL |
| Average Directional Index (14) | 74.54 | BUY |
| Awesome Oscillator (5, 34) | 0.00 | NEUTRAL |
| Momentum (10) | -0.00 | SELL |
| MACD (12, 26) | -0.00 | SELL |
| Williams Percent Range (14) | -99.99 | BUY |
| Bull Bear Power (13) | 0.00 | NEUTRAL |
| Ultimate Oscillator (7, 14, 28) | 40.04 | NEUTRAL |
| 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, Virel price was most positively correlated with the price of APENFT (NFT), TRON (TRX), LayerZero (ZRO), Immutable X (IMX) and Nexo (NEXO) and most negatively correlated with the price of Algorand (ALGO), JUST (JST), Monad (MON), Zcash (ZEC) and Ethereum (ETH).
| Name | Correlation |
|---|---|
| APENFT | 0.234 |
| TRON | 0.201 |
| LayerZero | 0.200 |
| Immutable X | 0.167 |
| Nexo | 0.155 |
| Name | Correlation |
|---|---|
| Algorand | -0.589 |
| JUST | -0.501 |
| Monad | -0.501 |
| Zcash | -0.446 |
| Ethereum | -0.439 |
Virel price is negatively correlated with the top 10 coins by market cap with a price of -0.231, excluding Tether (USDT) and negatively correlated with the top 100 coins by market cap excluding all stablecoins with a price of -0.190.
Currencies that are positively correlated with Virel 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 Virel, a move in one direction for Virel would translate into a move in the opposite direction for the negatively correlated coin.
