Based on today's classical pivot point (P1) with the value of $0.4056, Waves has support levels of $0.4005, $0.3948, and the strongest at $0.3897. Similarly, Waves resistance levels are at $0.4114, $0.4165, and $0.4222.
| # | Price | Strength |
|---|---|---|
| S1 | $0.4005 | |
| S2 | $0.3948 | |
| S3 | $0.3897 |
| # | Price | Strength |
|---|---|---|
| R1 | $0.4114 | |
| R2 | $0.4165 | |
| R3 | $0.4222 |
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) | 32.17 | NEUTRAL |
| Stoch RSI (14) | 33.43 | NEUTRAL |
| Stochastic Fast (14) | 15.50 | BUY |
| Commodity Channel Index (20) | -99.12 | NEUTRAL |
| Average Directional Index (14) | 31.91 | SELL |
| Awesome Oscillator (5, 34) | -0.04 | NEUTRAL |
| Momentum (10) | -0.03 | NEUTRAL |
| MACD (12, 26) | -0.00 | NEUTRAL |
| Williams Percent Range (14) | -84.50 | BUY |
| Bull Bear Power (13) | -0.03 | NEUTRAL |
| Ultimate Oscillator (7, 14, 28) | 40.53 | NEUTRAL |
| VWMA (10) | 0.41 | SELL |
| Hull Moving Average (9) | 0.40 | BUY |
| Ichimoku Cloud B/L (9, 26, 52, 26) | 0.44 | NEUTRAL |
Over the past 7 days, Waves price was most positively correlated with the price of Immutable X (IMX), Hyperliquid (HYPE), Solana (SOL), Floki Inu (FLOKI) and Injective (INJ) and most negatively correlated with the price of JUST (JST), Algorand (ALGO), Venice Token (VVV), Quant (QNT) and IOTA (IOTA).
| Name | Correlation |
|---|---|
| Immutable X | 0.868 |
| Hyperliquid | 0.866 |
| Solana | 0.852 |
| Floki Inu | 0.848 |
| Injective | 0.838 |
| Name | Correlation |
|---|---|
| JUST | -0.621 |
| Algorand | -0.607 |
| Venice Token | -0.590 |
| Quant | -0.567 |
| IOTA | -0.479 |
Waves price is positively correlated with the top 10 coins by market cap with a price of 0.447, excluding Tether (USDT) and positively correlated with the top 100 coins by market cap excluding all stablecoins with a price of 0.422.
Currencies that are positively correlated with Waves 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 Waves, a move in one direction for Waves would translate into a move in the opposite direction for the negatively correlated coin.
