Based on today's classical pivot point (P1) with the value of $0.0₇6065, Web has support levels of $0.0₇5746, $0.0₇5229, and the strongest at $0.0₇4910. Similarly, Web resistance levels are at $0.0₇6581, $0.0₇6900, and $0.0₇7417.
| # | Price | Strength |
|---|---|---|
| S1 | $0.0₇5746 | |
| S2 | $0.0₇5229 | |
| S3 | $0.0₇4910 |
| # | Price | Strength |
|---|---|---|
| R1 | $0.0₇6581 | |
| R2 | $0.0₇6900 | |
| R3 | $0.0₇7417 |
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) | 46.85 | NEUTRAL |
| Stoch RSI (14) | 78.30 | NEUTRAL |
| Stochastic Fast (14) | 43.05 | NEUTRAL |
| Commodity Channel Index (20) | -57.17 | NEUTRAL |
| Average Directional Index (14) | 45.26 | SELL |
| Awesome Oscillator (5, 34) | -0.00 | NEUTRAL |
| Momentum (10) | -0.00 | NEUTRAL |
| MACD (12, 26) | -0.00 | NEUTRAL |
| Williams Percent Range (14) | -56.95 | NEUTRAL |
| Bull Bear Power (13) | -0.00 | BUY |
| Ultimate Oscillator (7, 14, 28) | 48.99 | NEUTRAL |
| VWMA (10) | 0.00 | BUY |
| Hull Moving Average (9) | 0.00 | BUY |
| Ichimoku Cloud B/L (9, 26, 52, 26) | 0.00 | NEUTRAL |
Over the past 7 days, Web price was most positively correlated with the price of Aerodrome Finance (AERO), Bitcoin (BTC), Binance Coin (BNB), Ethereum (ETH) and Nexo (NEXO) and most negatively correlated with the price of JUST (JST), Ethena (ENA), Bitcoin Cash (BCH), Algorand (ALGO) and Sun Token (SUN).
| Name | Correlation |
|---|---|
| Aerodrome Finance | 0.571 |
| Bitcoin | 0.561 |
| Binance Coin | 0.546 |
| Ethereum | 0.538 |
| Nexo | 0.537 |
| Name | Correlation |
|---|---|
| JUST | -0.423 |
| Ethena | -0.341 |
| Bitcoin Cash | -0.335 |
| Algorand | -0.304 |
| Sun Token | -0.289 |
Web price is positively correlated with the top 10 coins by market cap with a price of 0.176, excluding Tether (USDT) and positively correlated with the top 100 coins by market cap excluding all stablecoins with a price of 0.256.
Currencies that are positively correlated with Web 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 Web, a move in one direction for Web would translate into a move in the opposite direction for the negatively correlated coin.
