Based on today's classical pivot point (P1) with the value of $0.0₅1370, Watermelon has support levels of $0.0₅1296, $0.0₅1259, and the strongest at $0.0₅1185. Similarly, Watermelon resistance levels are at $0.0₅1407, $0.0₅1480, and $0.0₅1517.
| # | Price | Strength |
|---|---|---|
| S1 | $0.0₅1296 | |
| S2 | $0.0₅1259 | |
| S3 | $0.0₅1185 |
| # | Price | Strength |
|---|---|---|
| R1 | $0.0₅1407 | |
| R2 | $0.0₅1480 | |
| R3 | $0.0₅1517 |
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) | 33.54 | NEUTRAL |
| Stoch RSI (14) | 0.00 | BUY |
| Stochastic Fast (14) | 0.00 | BUY |
| Commodity Channel Index (20) | -122.64 | BUY |
| Average Directional Index (14) | 19.19 | NEUTRAL |
| Awesome Oscillator (5, 34) | -0.00 | NEUTRAL |
| Momentum (10) | -0.00 | NEUTRAL |
| MACD (12, 26) | -0.00 | SELL |
| Williams Percent Range (14) | -100.00 | NEUTRAL |
| Bull Bear Power (13) | 0.00 | NEUTRAL |
| Ultimate Oscillator (7, 14, 28) | 10.25 | BUY |
| 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, Watermelon price was most positively correlated with the price of Official Trump (TRUMP), Aster (ASTER), Midnight (NIGHT), Quant (QNT) and World Liberty Financial (WLFI) and most negatively correlated with the price of Pi Network (PI), Injective (INJ), Algorand (ALGO), Jupiter (JUP) and Jasmy (JASMY).
| Name | Correlation |
|---|---|
| Official Trump | 0.637 |
| Aster | 0.569 |
| Midnight | 0.552 |
| Quant | 0.545 |
| World Liberty Financial | 0.543 |
| Name | Correlation |
|---|---|
| Pi Network | -0.866 |
| Injective | -0.780 |
| Algorand | -0.755 |
| Jupiter | -0.662 |
| Jasmy | -0.652 |
Watermelon price is negatively correlated with the top 10 coins by market cap with a price of -0.327, excluding Tether (USDT) and negatively correlated with the top 100 coins by market cap excluding all stablecoins with a price of -0.124.
Currencies that are positively correlated with Watermelon 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 Watermelon, a move in one direction for Watermelon would translate into a move in the opposite direction for the negatively correlated coin.
