Based on today's classical pivot point (P1) with the value of $0.0₆2261, WAT has support levels of $0.0₆2111, $0.0₆1880, and the strongest at $0.0₆1730. Similarly, WAT resistance levels are at $0.0₆2493, $0.0₆2643, and $0.0₆2874.
| # | Price | Strength |
|---|---|---|
| S1 | $0.0₆2111 | |
| S2 | $0.0₆1880 | |
| S3 | $0.0₆1730 |
| # | Price | Strength |
|---|---|---|
| R1 | $0.0₆2493 | |
| R2 | $0.0₆2643 | |
| R3 | $0.0₆2874 |
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) | 42.12 | NEUTRAL |
| Stoch RSI (14) | 40.50 | NEUTRAL |
| Stochastic Fast (14) | 31.28 | NEUTRAL |
| Commodity Channel Index (20) | -157.83 | BUY |
| Average Directional Index (14) | 23.26 | NEUTRAL |
| Awesome Oscillator (5, 34) | -0.00 | NEUTRAL |
| Momentum (10) | -0.00 | NEUTRAL |
| MACD (12, 26) | -0.00 | NEUTRAL |
| Williams Percent Range (14) | -68.72 | NEUTRAL |
| Bull Bear Power (13) | -0.00 | NEUTRAL |
| Ultimate Oscillator (7, 14, 28) | 47.93 | 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, WAT price was most positively correlated with the price of Bitcoin Cash (BCH), Aerodrome Finance (AERO), Morpho (MORPHO), Ethereum (ETH) and Cronos (CRO) and most negatively correlated with the price of Worldcoin (WLD), Ethena (ENA), Jito (JTO), DeXe (DEXE) and Ondo Finance (ONDO).
| Name | Correlation |
|---|---|
| Bitcoin Cash | 0.739 |
| Aerodrome Finance | 0.732 |
| Morpho | 0.720 |
| Ethereum | 0.719 |
| Cronos | 0.715 |
| Name | Correlation |
|---|---|
| Worldcoin | -0.665 |
| Ethena | -0.359 |
| Jito | -0.307 |
| DeXe | -0.279 |
| Ondo Finance | -0.216 |
WAT price is positively correlated with the top 10 coins by market cap with a price of 0.690, excluding Tether (USDT) and positively correlated with the top 100 coins by market cap excluding all stablecoins with a price of 0.520.
Currencies that are positively correlated with WAT 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 WAT, a move in one direction for WAT would translate into a move in the opposite direction for the negatively correlated coin.
